How to teach money management to your kids
Faye Griffiths-Smith and Yanely Espinal can have a fundamental impact on the life of your family. In their respective advocacy roles with the Connecticut branch of Jump$tart Coalition and Next Generation Personal FinanceGriffiths-Smith and Espinal want Connecticut to make personal finance a requirement in high school curricula, arguing that many students head out into the world without enough understanding of how to balance their income and expenses — a surefire formula for stress and any financial constraints.
As many of us can attest, financial health is directly linked to emotional well-being in the context of stress reduction. Florida became the largest state in the nation to adopt such a requirement this year, with Rhode Island also pledging to bring the total to 14 states.