Personal finance education is vital to our children’s success

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By Shari Burnum

If you read the current news about personal finance, it will come as no surprise that a majority of kids and teens in the United States are not well-versed in how to manage their money. What may surprise you, however, is that students in Alabama fare better than those in many other states.

According to WalletHub’s 2017 financial literacy survey, Alabama ranks 38th in the nation in overall financial literacy, and 15th nationwide in Knowledge and Financial Education. Thank the Alabama Council on Economic Education for helping to educate the state’s residents on how to manage their money. ACEE, a non-profit organization founded in 1969, works to ensure that students throughout the state have educational tools available to them that can help them become more financially savvy. High school students in Alabama are required to study both economics and personal finance as part of their graduation requirements, and ACEE provides both teacher training and resources for these courses.

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