What... (i.e. camp, dance class, birthday party)
        
 
Pick a NYMetroParents Region: All Regions   Manhattan    Brooklyn    Queens    Westchester    Rockland   Fairfield    Nassau    Suffolk  

Resources

   

U.S. PARENTS SAY FINANCE LESSONS SHOULD BE TAUGHT IN SCHOOLS

     Home  >  Articles  > NYMP News (not region specific)
by NYMetroParents Staff January 9, 2013

Related: finance classes in schools, teaching kids about money in schools, learning how to budget and spend in the classroom,


A new research conducted by forexcurrency.us reveals that two-thirds of parents think finance lessons and money management should be taught in schools.

New research from a currency trading information site called forexcurrency.us has revealed that U.S. parents think children should be taught more about currency and finance in schools: 64 percent think finance lessons should be added to the curriculum.
 
The survey, conducted by forexcurrency.us, polled a total of 2,671 parents from across the U.S. as part of research into people's views on financial education.
 
Calculating FinancesRespondents were initially asked whether they thought that lessons specifically on finance and currency should be taught in schools, to which 64 percent said that they did. When asked why they thought it would be a good idea, the majority, 67 percent, said they thought it was important for children to be taught about finance in order to "prepare them well" for their adulthood.
 
However, a fifth, or 21 percent, of the parents polled thought children of school age were "too young" to learn about money and finances.
 
Those polled were then asked if they thought they would have benefited from being taught about finance and currency at school, to which the majority, 59 percent, said that they would have benefited.
 
The parents who wanted to see finance lessons in schools were then asked to stipulate which areas of finance and currency they felt should be taught, with the top answers as follows. Respondents were permitted to choose more than one answer.

• How to save effectively: 71%

• Banking and bank accounts: 64%

• How to invest in stocks and shares: 52%

• Currency around the world: 44%

• Mortgages/loans: 31%
 

Furthermore, 7 percent of the parents polled said they had suggested finance lessons to their child's school.
 
David Errington, of forexcurrency.us, says, "Teaching children about finances and currency in schools is a great idea, as it’s a great way of ensuring that kids are fully prepared for the financial expectations of adulthood. There are many adults out there that don't have a clue about finance, but teaching people the basics in school could definitely be a way to help rectify this; and help to avoid financial trouble in later life.”
 
"Incorporating finance lessons into the curriculum could certainly be beneficial, and I’d certainly recommend it to any school. We've only just emerged from a recession, so people are looking to make their money go further and I'm sure a bit of advice on how to do this at a school level would be welcome."
 


Get Your FREE Indoor Activity eGuide!

More NYMP News (not region specific) Articles

The Right Questions to Ask About Your Child's Education
A Parents' Guide to Quality Math and Science Education
Mitzvah Market Develops B'Nai Mitzvah Planning Software
America Will Turn the Lights On To Support Afterschool Programs
Sesame Street Exhibit to Open at the New York Public Library

Be a good fellow parent and share this with a friend who would be interested
Email Friend

Local NYMP News (not region specific) Sponsors

Pedigree Ski Shop
355 Mamaroneck Ave.
White Plains, NY
914-948-2995
Pedigree Ski Shop is the best shop carrying skis, ...

Queens Dance Project
214-26 41st Ave.
Bayside, NY
718-229-1133
QDP is excited to be celebrating it's 9th year! We...

Pro Tek Surveillance
2053 Flatbush Ave
Brooklyn, NY
347-492-7190
Home and office security, Nanny Cam Surveillance, ...

Belle Arti Center for the Arts, LLC
108-10 72nd Ave.
Forest Hills, NY
718-261-2237
"From Carnegie Hall to Forest Hills," Belle Arti C...

Carole P. Roman

,

Award winning author Carole P. Roman is a former t...
See Our NYMP News (not region specific) Directory

local zones

Nassau

Nassau cont.

Suffolk

Suffolk cont.

Westchester

Westchester cont.

Fairfield

Rockland

Rockland cont.

Queens

Queens cont.

Brooklyn

Brooklyn cont.

Manhattan

Copyright 2014 NY Metro Parents Magazine Site Design: THE VOICE