Dear Parents of Teens: The pandemic has changed our everyday reality in so many ways—financially, educationally, and socially. Money may be tighter. Kids may be doing online school. And we’re all spending a lot more time at home. But for all the changes in our lives, according to a recent Schwab survey, there’s one thing that hasn’t changed for a lot of people: the importance we place on financial education. In fact, parents who took the survey rated money management as the most important skill for their kids to learn—outranking health and wellness education as a supplementary graduation requirement to math, English, and science. So, where do kids get this crucial education? Schools are getting better. Twenty-one states now require high school students to take a personal finance course. That’s a start, but there’s a lot more work to be done. Here’s where you as a parent can help fill …
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