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Learning Financial Literacy While Young has Long-term Benefits


Building a solid financial foundation with teenagers is critical to helping them become adults who know how to balance their checkbooks and save for retirement. Yet, research by the nonprofit, nonpartisan think tank the Milken Institute reveals that three-quarters of teens in the U.S. do not possess basic financial literacy skills.


Healthy financial habits—borrowing, budgeting, using credit—must be taught to prepare young adults for financial independence. Doing so requires giving teens access to 21st-century skills like researching and problem-solving.


Some public schools in the North Hills area are going the extra mile to ensure their students have the financial literacy skills needed to become successful young adults. </