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It’s important to teach young people how to manage money

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By Richard Eckstrom

 

 In recent years there’s been a lot of discussion about what schools should and shouldn’t be teaching. But there seems to be agreement that schools often overlook one very important area in preparing students to successfully manage life’s responsibilities: financial literacy.

To be sure, the recent staggering number of people who found themselves way over their heads in easy credit card debt or who lost their homes through foreclosure was a byproduct of our tough economic times.


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