It appears the US is surging ahead with enabling their young people to get a better grasp on finances. While many students graduate understanding a great deal of academia required for a tertiary degree, or at least a good job, few leave understanding how to manage their money.

This article by the Daily News Tribune cites a bill endorsed by the Legislature’s joint Education Committee which will see personal finance become part of the curriculum.

This is so timely with credit card debt at its highest levels and more and more young people falling victim to crippling personal debt. I'm hoping that Australia will also stand up to the challenge to educate our kids in personal finance matters.