Kids can read. They can add. But can they understand a credit card statement? Do they know how to apply for a mortgage?
Financial literacy is the set of skills that can help students avoid predatory loans, save for a down payment and maybe even retire early.
A coalition of several Kentucky universities – including the University of Kentucky, Morehead State University, Eastern Kentucky University and Northern Kentucky University – recently hosted a workshop for K-12 teachers, sharing techniques that will help students understand saving, budgeting and investing.
These 125 educators will teach more than 20,000 students around the state.