In Washington state there are no requirements to include financial education in school curriculum. As a result, most kids graduate high school financially illiterate.
While parents often give their children an allowance to teach financial responsibility, there is little emphasis on what to do with that allowance. Should it be school’s responsibility to teach financial education? What should parents be doing?
Ross sits down with David Moore, the president and CEO at Junior Achievement of Washington, to ask what parents and educators can do better.