The case for financial literacy as a school subject (as reported by Chris Kissell via bankrate.com)

Annamaria Lusardi. Ph. D., points out that financial literacy should be a main subject in school, such as math, science or history. She emphasizes that schools should offer financial literacy to their students, instead of leaving this subject to their parents. It’s proven that even many parents aren’t financial literate and hence they are unable to teach their kids about finance while knowledge of financial literacy becomes increasingly important in today’s world. Lusardi sees financial literacy as a basic part of a child’s education and as the key for financial decisions. To read the whole interview with Annamaria Lusardi, click here.

 

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