01
Financial Literacy
Students leave school not knowing how to manage credit, avoid debt, invest wisely, or how taxes work — yet they'll sign up for student loans and credit cards within a year of graduating.
What should have been taught
- How to create and stick to a budget
- Saving and compound interest
- Good debt vs. bad debt
- Credit scores and how they impact your future
- Basics of investing and retirement planning
How parents can help
Use budgeting apps (YNAB, Monzo, Mint). Include your teen in family budget discussions and give them hands-on experience managing small sums of money.
