Financial Literacy
Nicole Kruse's article "Money Matters: More Independent Schools Are Counting on Financial-Literacy Curricula" talks about why it is becoming more and more important to teach financial literacy in schools, especially independent ones. As students prepare for life outside school, practical skills such as budgeting, investing, and managing credit become essential. Kruse points out that a surprisingly high number of people worldwide are financially literate, meaning that there is a large number of young adults who are not prepared to make sound financial decisions. She shows how schools are perfectly positioned to fill this gap. While some states in the US are making the first attempts to engage in financial education, these lessons are often rather limited, and time allocation is insufficient for lifelong habits to be formed. Independent schools, meanwhile, have a wider scope in terms of curricular freedom and are already beginning to adopt programs that teach basic financia...
