However, it appears that you thought the question was asking if education itself should be free or should be paid for. In particular, they should contain dollar amounts and essay dates for achievement. NJ has a mandated financial literacy standard for schools and it starts in elementary school. But the quality is mixed and the curriculum varies. Personal finance should absolutely be taught in high school, and the basics in lower grades as well. Be the change you want to see in essay, dissertation sur le travail en philosophie taught Should schools essay be in cursive. Students can use it as an overall guide on how to organize and structure your own essay on the same topic. Ideally, personal finance concepts should be taught in elementary, middle and high school, and should continue into college. 8 - Mottola, Gary. 11 - Champlain College's Center for Financial Literacy, 2015. Personal finance instruction may be even more important now than it has ever been. Many states have a requirement for high school students to receive basic instruction for personal finance. "The features and effectiveness of the Keys to Financial Success curriculum." 2 - U.S. Department of Education, National Center for Education Statistics and the Institute of Education Sciences. The 2008 financial crisis clearly shows that poor financial decisions by individuals had negative consequences on our country. Managing Personal Finances Managing personal finances is an important skill to acquire. Since you can normally get your own credit card at around 18 years old, it seems like common sense to teach high school students about the intricacies of credit. Student feedback indicates that most do not comprehend the information presented, and view it as one more requirement of the financial aid process rather than a learning opportunity. You need to learn letters before you can read. http://www.keepeek.com/Digital-Asset-Management/oecd/education/pisa-2015-results-volume-iv_9789264270282-en#.WeUF0ltSyUk. Based in Littlehampton. The National Center for Education Statistics indicates that the high school dropout rate (the percentage of people ages 16 through 24 who are not enrolled in school and have not earned a high school credential) was about 6% in 2015.2. Others point out that research shows lessons on financial literacy in high school have no long-term impact on financial behavior. Everyone has to learn to manage their finances. I do believe personal finance should be taught in schools as a supplement to personal finance habits children learn from their parents at home. Others point out that research shows lessons on financial literacy in high school have no long-term impact on financial behavior. The most common could arguably be money. Edubirdie college essay. On top of that, all of the studies I found came to the same conclusion: teaching personal finance in high school doesn’t make a difference. The assumption for this is then that students will be better prepared for their future life as this aspect is so important these days. Some influencing factors to having sex are stress, peer pressure, and trying to fit in with friends. Schools are starting to include the subject in the school curriculum. Flexo from Consumerism Commentary posted a comment about this, stating that the schools are already chocked full of classes, and this one isn’t one that should be … With nearly two-thirds of Americans (63%) surveyed saying personal finance education should be taught in schools, it’s clear there’s interest in adding financial literacy topics to the classroom. So, high school seems like the best and most logical place to deliver personal finance education to America's youth. The Management Science study I found reported that “interventions to improve financial literacy explain only 0.1% of the variance in financial behaviors studied, with weaker effects in low-income samples.” This means that out of all of the factors that can potentially impact financial behavior, the impact of financial education is about 0.1%. FINRA Foundation Financial Capability Insights. of North Carolina posted some interesting statistics on Twitter. https://www2.ed.gov/offices/OSFAP/defaultmanagement/cdr.html. 12 - Klein, Asher and Giordano, Jackie. Only 17 states require high school students to take a course in personal finance. http://www.moneyconfidentkids.com/content/money-confident-kids/en/us/media/research/2017-parents--kids---money-survey-results.html. https://www.federalreserve.gov/pubs/feds/2014/201468/201468pap.pdf. "12 Financial literacy, just like reading, writing and arithmetic, builds human capital by empowering individuals with the ability to create personal wealth to buy a home, go to college, have a rainy day and retirement fund. Ninety-one percent of Americans believe personal finance should be a required subject to graduate from high school, according to a recent online poll conducted by American Consumer Credit Counseling. Studies show that students without a financial education are more likely to have low credit scores and other financial problems. PISA 2015 Results: "Students and Money: Students Financial Literacy (Volume IV)." Financial planning is not usually taught in school. School lessons are a great reinforcement for kids to learn about personal finance but they may not remember what they learned as adults. Learn 8 financial skills you should know before you graduate high school. In North Carolina, they had to get rid of one of their U.S. history classes (which some teachers and parents were upset about, but North Carolina was one of only two states in the U.S. that had multiple American history courses). Studies show that students without a financial education are more likely to have low credit scores and other financial problems. Personal finance should definitely be a requirement for graduation for high school students. Having an excellent credit score could save a consumer in excess of a $100,000 in interest payments over a lifetime (see. Personal finance education should start early at both home and school. More than half of states don’t require high school students to take an economics class. There are factors which we already know have huge impacts on financial behaviors, like the effects a parent’s financial behaviors and habits have on their children. In the organization phase of budgeting, which focuses on the structural and finance aspects of budgeting choose a recording format, select either the cash or accrual basis of accounting, choose various budget classifications, and select the personal period for the budget. The most common could arguably be money. The old argument about taking algebra in high school if you'll never need it later brings up an interesting point - exactly what is important, and. What They Didn’t Teach Us In School About Debt and Money Management, The 6 Habits of Financially Miserable People. Take a look, Put On Your Big Girl Panties And Deal With It, I Learned All I Needed to Know About Money from My Suit, 6 Financial Excuses Threatening Your Wallet and Future. Politicians on both sides of the aisle are touting high school personal finance classes as a major part of the solution to financial illiteracy in America, if not the cure. Every state should adopt this type of standard to … Kids are not learning about personal finance at home. Should personal finance topics be taught at the home and not at the school? Here's why all states should require it, and what you can do to help make the change. Recent money management surveys show when students learn the principles of personal finance just when they are beginning to handle their own money, they tend to put their newfound financial literacy into practice and use it for the rest of their lives. Many of us believe that financial literacy is a core life skill that should be taught in every school and college. An uneducated individual armed with a credit card, a student loan and access to a mortgage can be nearly as dangerous to themselves and their community as a person with no training behind the wheel of a car. "State Mandated Financial Education and the Credit Behavior of YoungAdults." 4 - Organisation of Economic Co-operation and Development (OECD). Financial capability is one domain in which the inadequacies of humans are particularly stark. Children should be taught how to optimise the use of resources and how to distinguish needs from wants. “I wish they taught us about money in school!” It’s a common response online whenever someone takes it upon themselves to bone up on personal finance. In order to have a country that has citizens who are mindful of their economic development, it is important that students are taught to become more involved in high school personal finance.They should be guided to make the informed choices with regards to their personal finances. I won’t list them all here, but the statistics showed North Carolinians scoring very poor on EPF (economics and personal finance) exams, the amount of student loan debt and credit card debt in our country, and the lack of savings. Learn more about … In mathematics, you start with counting, move on to addition and subtraction, and then move on to division and multiplication. The good news is that studies indicate that financial literacy educational interventions in high school appear to have a positive impact on knowledge and measurable financial behaviors: As former President Bill Clinton stated, financial literacy is "a very fancy term for saying spend it smart, don't blow it, save what you can and know how the economy works. When we ask, “Why should personal finance be required in high school”, we also need to clearly define personal finance and consider how to implement such policies. Working together as a community, concerned citizens and financial advocacy organizations are a powerful force that have the actual ability to influence change at the high school level. ... (let’s not get crazy and imagine they would teach this in high school) called Personal Finance 101. I believe that personal finance should be taught at home, as well as in the school. In the United States and elsewhere, the move to defined contribution pension plans rather than defined benefitshas put citizens in the driver’s seat for making contribution and investment choices. "The Financial Capability of Young Adults-A Generational View." The more I read and researched, the clearer it became: teaching high school kids personal finance doesn’t really make a difference. That’s why the basics of personal finance should be taught in high schools everywhere, right alongside other basics like reading and math. There is no doubt we still have a problem. What’s the difference between Crowdfunding, ICO’s, IEO’s and STO’s? Advisor Voices. And for lower-income students, the ones who need help the most, the impact is even less than 0.1%. And it’s a legitimate gripe, considering how terrible most Americans are with money, and the drag their behavior has on the economy at large. Can we compare students who took personal finance classes and those who didn’t, and see the differences in financial decisions and behavior? Their conclusion? Ideally, personal finance concepts should be taught in elementary, middle and high school, and should continue into college. Paying for College. 9 - Brown, Collins, Schmeiser, and Urban, 2014. If you have problems with such writing, turn to CustomWritings.com , an essay writing service for professional academic help. Recently, North Carolina became the 20th state in the country to require students to complete a financial literacy class before graduating high school. I have hundreds, nay, … A hands-on personal finance curriculum could do just this, while setting kids up to make better choices in their lives. Teaching teenagers about personal finance seems like a no-brainer (to me at least, coming from a personal financial advisor). By Peter Anderson 29 Comments-The content of this website often contains affiliate links and I may be compensated if you buy through those links (at no cost to you!). Many say that in order to combat the debt crisis, financial education should start earlier and high schools should be required to teach personal finance to all students. Students are jumping straight from high school into major debt. Here’s a look at some of the essentials I wish I would have learned in high school and I think should be taught today: #1: How Credit Cards and Interest Rates Work. This week, we’ll address the different levels and what should be taught in these classes. 4. Builders in Chichester, Worthing, Brighton & Across the South of England. In a year-long course, students could learn the basics of budgeting, balancing a checkbook, healthy credit card use, avoiding the debt cycle, multiple levels of savings, taxes and even salary negotiation. Regardless of when a young person's formal education ends, they will be thrust into situations where they need to know how to manage daily living expenses. As a society, we need more training programs that increase the number of financially literate citizens who are able to make better and wiser financial decisions in their own lives. "Official Cohort Default Rate for Schools." Not all children have the privilege to go to college and learn more about … NJ has a mandated financial literacy standard for schools and it starts in elementary school. Admittedly, a high school focus could omit some of the students who have dropped out of high school. The economic cost of low (or no) credit score is very high. https://nces.ed.gov/fastfacts/display.asp?id=372. The reality is that many states and school districts do not provide any substantive personal finance education until high school, if at all. For those graduates who choose to go on to higher education, personal finance education in college is often scant and scattered, with few colleges offering a personal finance elective and even fewer requiring personal finance instruction as a graduation requirement. "Bill Clinton Visits USC to Teach Kids Value of Financial Literacy." This won’t be easy; a financially educated America would threaten so many different billion dollar industries, like rent-to-own stores and payday lenders. Now, a new report from the Council for Economic Education found that the number of states that require a high school student to take a personal finance course — either a standalone class … The average college graduate in 2016 had $37,172 in student loan debt. Personal finance education in high school provides students with the knowledge and skills to manage financial resources effectively for a lifetime of financial well-being. Should There Be Mandatory Personal Finance Classes In High Schools? Why Personal Finance Classes Should Be Taught in College. : Over three-fourths (77%) of American adults want politicians to push for financial education in schools, while 67% said they’d vote for a candidate who did — on a state or national level. Definitive college data is equally hard to find in this area. Society is changing and a lot of people understand the importance of financial literacy. Knowledge is power. Band 9 sample essay. Here are just some of the reasons our young people need to learn about personal finance: Financial literacy leads to better personal finance behavior. I learned that personal finance classes aren’t the solution, but I’m still not sure what the solution is. Credit scores are a difficult concept for many young adults. ... a 2019 survey by Everfi revealed that 65% of the over 30,000 students surveyed left high school without taking a single personal finance course. The goal of teaching personal finance in the public school system would not be to instill a specific ideology. 5 - Bank of America/USA TODAY Better Money Habits Report, "Young Americans & Money, Fall 2016." Personal Finance … The assumption for this is then that students will be better prepared for their future life as this aspect is so important these days. The Center's High School Report Card focuses on each state's financial literacy education policy because that data is obtainable. Many students assume that the only way to pay for college is by using student … This is a sample essay on the importance of personal finance. So I found another study by economists at Harvard, the Federal Reserve Bank of Chicago, and Wellesley College, which is referenced here. Uncovering misconceptions, misinformation, mistruths, lies, and fake news every Friday and Sunday. They are also more likely to use payday loans, pay only the minimum amount owed on their credit cards, have high-cost mortgages, and have higher debt and credit delinquency levels. According to a. There are a variety of studies that indicate that individuals with higher levels of financial literacy make better personal finance decisions. Think about the jump start your child could get on life if, when they graduated high school, they were already in the habit of budgeting, saving regularly and spending wisely! "Parents, Kids & Money Survey." However, a lot of great things are happening in our colleges and universities as well as our elementary and middle schools. Financial literacy leads to a healthier life. PISA, OECD Publishing. . https://ticas.org/sites/default/files/pub_files/classof2016.pdf. This means educating someone about credit cards when they get their first credit card, or waiting until they’re employed by a company that offers retirement accounts before educating them about employer-sponsored retirement accounts. It is very hard to measure the amount and intensity of personal finance instruction that is occurring in people's homes, and meaningful data on this topic is hard to obtain for the thousands of elementary and middle schools across the country. In April of 2013, State Treasurer of Mississippi, Lynn Fitch, proposed making financial literacy classes mandatory in Mississippi high schools. “State mandates requiring high school students to take personal finance courses have no effect on savings or investment behavior.” Economist Lewis Mandell, a strong proponent for financial literacy, authored a 2009 study that found “those who took the course [in personal financial management] were no more financially literate than those who did not.” http://nebula.wsimg.com/7c3014715076f1f6a49caa6f4b6af123?AccessKeyId=27E1C5C94AE9959DA340&disposition=0&alloworigin=1. Personal finance education should be a cumulative process, with age-appropriate topics taught each school year. Changes in the financial landscape over the past 20 years have taxed our cognitive capabilities to new levels. Only 17 states require high school students to take a course in personal finance. Several scholars, including Lewis Mandell, are pushing for a new type of financial literacy where consumers are educated at the point of sale instead of years or decades in advance. Many brick and mortar banks would go out of business, and credit card companies would lose billions in revenue if people began using credit cards more responsibly. But we also need to develop more high school personal-finance teachers — as important as legislation is, even more important is a national push for … 10 - Asarta, Hill, and Meszaros, 2014. An introduction on how to use a financial planning worksheet and the budget planner could increase the chances of a brighter financial future for our children. : More than 2 in 5 American adults (41%) say they had to teach themselves about personal finance. Every state should adopt this type of standard to adequately prepare our … Since personal finance education is such a broad subject, what topics specifically should be taught in high school? Many students do not understand that one of the most important financial decisions they will make in their lives is choosing whether they should go to college after high school, and if they decide to pursue additional education, what field to specialize in. So that got me thinking…how much does being taught personal finance in high school actually help? Which is next to nothing. Rising costs of education also require f… Which is pretty … Practical skills, such as how to write a resume and how to properly use a credit card, are day-to-day necessities in adult life that students leave high school with little to no knowledge of. Feel free to add your own suggestions in the comments area. However, respondents were a bit divided over when this should happen. http://www.usfinancialcapability.org/downloads/FinancialCapabilityofYoungAdults.pdf. Ninety-one percent of Americans believe personal finance should be a required subject to graduate from high school, according to a recent online poll conducted by American Consumer Credit Counseling. Personal finance is the study of personal and family resources considered important in achieving financial success. Student debt can be very high for some recent college graduates and large debt variations exist from state to state. According to the National Center for Education Statistics, in 2015, 69% of students enrolled in college in the fall immediately following high school completion.1 That means that about 31% of students are likely entering the workforce after high school. 63% of American adults think personal finance education should be taught in school. that having unprotected sex with partners carries risk. To support the case for financial literacy to be taught in high school, the Republican Lt. Gov. Some of the risks are HIV, STD’s, and teenage pregnancy. In mathematics, you start with counting, move on to addition and subtraction, and then move on to division and multiplication. Here are 3 reasons why personal finance should be taught at the high school level: Money Management Is A Learned Skill. Students can use it as an overall guide on how to organize and structure your own essay on the same topic. http://www.nbclosangeles.com/news/local/Bill-Clinton-Visits-USC-to-Host-Financial-Literacy-Event-282070241.html. Which is pretty disappointing, considering how many politicians and advocates for financial literacy parade around the idea of personal finance classes in high school as something really impactful. 7 - U.S. Department of Education, Federal Student Aid. Such programs are not just good for the individual but also helpful to society. Politicians on both sides of the aisle are touting high school personal finance classes as a major part of the solution to financial illiteracy in America, if not the cure. Many high school students aren't taught basic financial skills. While these academic lessons are important, we asked a range of experts and activists from the tech, culinary and finance world what life lessons should be taught in school. Personal Finance Education Needed In High School. By making personal finance curriculum a prerequisite to high school graduation, it’s possible that we could put a dent in some of the problems that are currently plaguing our country. Benefits Of Teaching High School Personal Finance. It’s clear that high school personal finance classes aren’t going to be enough. But children can’t control whether or not their parents do a good job teaching them about money and personal finance. And if money is part of every adult’s life, it only makes sense to start teaching personal finance as soon as possible. That could mean shifting some of the financial education burden to employers or lenders, which could cause some problems; I’m not sure if we want credit card companies to be the ones educating young consumers about credit cards. And if money is part of every adult’s life, it only makes sense to start teaching personal finance as soon as possible. More than half (51%) of millennial respondents surveyed … How to balance a checkbook: Even though checkbooks and ledgers are going a little out of style with the use of debit cards and online banking applications, students should know how to balance a … "Fast Facts, Back to School Statistics." It involves how people spend, save, protect, and invest there financial resources. https://www.champlain.edu/centers-of-excellence/center-for-financial-literacy/report-prepped-for-success. https://about.bankofamerica.com/assets/pdf/BOA_BMH_2016-REPORT-v5.pdf. Like a lot of subjects, ideally personal finance should be taught by parents to their children from an early age. https://nces.ed.gov/fastfacts/display.asp?id=16. Only 1/3 of US states require that high schoolers take a personal finance course. There are many things students realize in adulthood they wish they had been taught in school. Studies have shown that 72% of parents experience at least some reluctance to talk to their kids about financial matters. Originally published at https://timeandmoney.substack.com. The question is asking if you think there should be a subject taught at school about Finance. This is a sample essay on the importance of personal finance. But too many school districts teach personal finance for the first and only time in high school. However, it appears that you thought the question was asking if education itself should be free or should be paid for. Earlier Opportunity to Learn. 1 - U.S. Department of Education, National Center for Education Statistics and the Institute of Education Sciences. So what would a Personal Finance 101, 201, 301 and 401 class look like? Benefits Of Teaching High School Personal Finance. Personal finance should absolutely be taught in high school, and the basics in lower grades as well. Learning and putting your knowledge to use at the same time seems like it would make it more likely for concepts and ideas to stick. "Fast Facts, Dropout Rates." Debt is a huge issue for so many Americans, people are getting taken advantage of left and right by immoral financial institutions, and knowledge about basics, like retirement accounts and credit cards, is still very much lacking. The question is asking if you think there should be a subject taught at school about Finance. Knowledge is power. These are reasons why sex education should be taught in all high … Ninety-one percent of Americans believe personal finance should be a required subject to graduate from high school, according to a recent online poll conducted by American Consumer Credit Counseling. Young people often do not understand debit and credit cards, mortgages, banking, investment and insurance products and services, payday lending, rent-to-own products, credit reports, credit scores, etc. Sex Education Should Be Taught In Schools. In order to have a country that has citizens who are mindful of their economic development, it is important that students are taught to become more involved in high school personal finance.They should be guided to make the informed choices with regards to their personal finances. They also found that in less than two years after receiving financial education, they had forgotten what they learned. 6 - The Institute for College Access & Success. Should the adventures of huckleberry finn be taught in schools essay rating 4-5 stars based on 162 reviews Guidelines for grading essays: free essay search engineEssay on annual sports day of your school mera bharat mahan essay for class 4 . "Student Debt and the Class of 2016." While these academic lessons are important, we asked a range of experts and activists from the tech, culinary and finance world what life lessons should be taught in school. “State mandates requiring high school students to take personal finance courses have no effect on savings or investment behavior.”, Economist Lewis Mandell, a strong proponent for financial literacy, authored a 2009 study that found “those who took the course [in personal financial management] were no more financially literate than those who did not.” His views have shifted, and he now believes that “financial education doesn’t work when it’s given in advance of when the consumer needs it.”. However, given the ever-changing nature of the finance industry and parents’ own lack of understanding of personal finance, it makes sense to incorporate financial literacy into public school education. Therefore I agree with the argument that money management skills should be taught in secondary and higher secondary schools. We would not allow a young person to get in the driver's seat of a car without requiring driver's education, and yet we allow our youth to enter the complex financial world without any related education. Here are 3 reasons why personal finance should be taught at the high school level: Money Management Is A Learned Skill. A personal finance curriculum if you will. The more I read and researched, the clearer it became: teaching high school kids personal finance doesn’t really make a difference. © Copyright 2020 | Champlain College Incorporated, Burlington, VT | 802.860.2700 or 800.570.5858, Graduate Certificate in Early Childhood Program Administration, Low-Residency Master's Degrees & Certificate Programs, Report: National High School Financial Literacy, The Case for High School Financial Literacy, Population by Grades and State Percentages, international financial literacy test of 15-year-olds, Credit.com's Lifetime Cost of Debt Calculator, Brown, Collins, Schmeiser, and Urban, 2014, Champlain College's Center for Financial Literacy, 2015, https://nces.ed.gov/fastfacts/display.asp?id=372, https://nces.ed.gov/fastfacts/display.asp?id=16, http://www.keepeek.com/Digital-Asset-Management/oecd/education/pisa-2015-results-volume-iv_9789264270282-en#.WeUF0ltSyUk, https://about.bankofamerica.com/assets/pdf/BOA_BMH_2016-REPORT-v5.pdf, https://ticas.org/sites/default/files/pub_files/classof2016.pdf, https://www2.ed.gov/offices/OSFAP/defaultmanagement/cdr.html, http://www.usfinancialcapability.org/downloads/FinancialCapabilityofYoungAdults.pdf, https://www.federalreserve.gov/pubs/feds/2014/201468/201468pap.pdf, http://nebula.wsimg.com/7c3014715076f1f6a49caa6f4b6af123?AccessKeyId=27E1C5C94AE9959DA340&disposition=0&alloworigin=1, https://www.champlain.edu/centers-of-excellence/center-for-financial-literacy/report-prepped-for-success, http://www.nbclosangeles.com/news/local/Bill-Clinton-Visits-USC-to-Host-Financial-Literacy-Event-282070241.html. At many colleges, financial literacy education is largely composed of brief, federally mandated entrance and exit loan counseling for students. T he RateCity 2018 Business & Finance Scholarshi p was a chance to win $3,000 towards learning expenses.. Larissa Zhang, UNSW Actuarial Studies/Commerce student, submitted the winning essay, answering the question “should financial literacy be taught in schools? Long essay about sleep, division and classification essay nasä±l yazä±lä±r, what is third person in a essay, right to privacy in india essay upsc the new yorker great american essays. A. However, no where in school is this subject taught. A nearly unanimous 99% of adults now agree that personal finance should be taught in high school, according to a poll last month from Harris Interactive sponsored by … So, no, I don’t necessarily believe that personal finance should be required for high school graduation, though the states seem to be moving in that direction. Channel 4, Southern California. As a result of a lack of preparation, our society is subject to a high percentage of people who lack financial success. Since personal finance education is such a broad subject, what topics specifically should be taught in high school? One's credit score and borrowing history impacts one's daily life: applying for a credit card, purchasing a home or car, renting an apartment, buying insurance, signing up for certain utilities, and even getting a new job. To solve the financial literacy problem in America, we need to figure out how to educate and empower lower-income Americans, and those of us whose parents had poor financial habits and behaviors. Although it’s still unclear if point of sale financial education will be beneficial, or even become mainstream, it makes a great deal of sense. Financial literacy education in schools may look like: Provide teachers with support and training to teach the skills needed The number of financial decisions an individual must make continues to increase, and the variety and complexity of financial products continues to grow. On the surface, this seems like such an obvious law for states to pass because it directly addresses the problem of financial illiteracy in the United States without really costing too much. The basics of personal financial planning-teaching young people about money, its value, how to save, invest and spend, and how not to waste it-should be taught in school as early as elementary school. Those who are financially illiterate are less likely to have a checking account, rainy day emergency fund or retirement plan, or to own stocks. Children are no different. 3 - T. Rowe Price. When you learn something new that goes against common knowledge (and common sense), it might take more than one study to change your mind. Many say that in order to combat the debt crisis, financial education should start earlier and high schools should be required to teach personal finance to all students. The good news is that yes, there are multiple studies focused on financial education and its impact on financial behavior. I think point of sale education could have a big impact for many people, but I also believe that it’s the responsibility of those of us that are financially educated to spread as much knowledge and information as we can, which is why I began writing this newsletter. Personal finance education should start early at both home and school. But I do believe that high schools — actually, even elementary schools — should work more personal finance into their educational efforts. "Prepped for Success, A Study of Teacher Training, Financial Literacy & Classroom Outcomes." If you have problems with such writing, turn to CustomWritings.com , an essay writing service for professional academic help. In the section of this report entitled "Extra Credit: State Policies and Programs That Are Making a Difference," we attempt to give you a small sampling of the many state initiatives that are trying to bring personal finance concepts to K-8 children and to young adults in college or the workplace.