Florida Gov. Ron DeSantis just signed a bill requiring financial literacy classes for all high school students which has been a big conversation for the last decade.
This move would make the class a half-credit course on personal financial literacy and money management which they would need to receive their high school diploma.
This bill was proposed to help young Floridians be better prepared for the world.
Topics would include how to open and manage a bank account balancing a checkbook plus “spending, credit, credit scores and managing debt, including retail and credit card debt,” how to fill out a loan application.
It would start in the ninth grade and take effect in the 2022 to 2023 school year.