Florida Becomes 7th State to Require Financial Literacy for High School Graduation

The Florida legislature passed a law awaiting our Governor's signature that will empower future generations of students with the tools for success to not only become financially independent, but hopefully encourage more entrepreneurship within our state. This class will be worth one half credit (0.5). The press release goes into a bit of detail.

Florida Chief Financial Officer (CFO) Jimmy Patronis issued the following statement on the House’s passage of Senate Bill 1054, sponsored by Senator Hutson. This proposal will require that Florida high school students earn at least one-half credit of instruction in financial literacy or money management and will teach students about banking practices, money management, credit scores, managing debt, loan applications, insurance policies and local tax assessments.

CFO Jimmy Patronis said, “It is critical we set Florida students up for financial success and this legislation will ensure vital financial literacy resources are available to students before graduation. Financial literacy is an important key to a strong financial future and learning the basics of credit, budgeting, savings, and investing, can further prepare students for a successful future. These lessons are also critical to training future generations of Americans to appreciate America’s capitalist system and grow our nation’s pool of entrepreneurs.

This would be a great tool for countering the socialist propoganda kids are getting hammered with on the internet by radical extremist influencers and politicians. I am glad my children will have this opportunity. I already imbue as much to them as I can about responsible money management. Having some support in the school just makes it double plus good.

That can be a depressing subject this year.

Teacher: "Want to know How Broke You Will Be by the End of 2022? Let's figure it out!"

originally posted by: carewemust
That can be a depressing subject this year.

Teacher: "Want to know How Broke You Will Be by the End of 2022? Let's figure it out!"

Hey come on man think positive. There is hope with a positive feeling when the teacher feels good about teaching such subjects.

a reply to: worldstarcountry

We know that everything Florida does is highly unconstitutional and causes many pearls to be clutched. I expect we'll see a wave of lawsuits from the parents of children who identify as financially illiterate in the wake of this inhumane bigotry.

The spin they come up with to villainize this one should be a real zinger. On Monday a very smart PhD in education, that has ironically never been an educator about anything except education, will be telling us why it's a bad thing for kids to have a class on finance.

a reply to: Ksihkehe

learning about the evils of money should never take a back seat to learning how your skin color represents your position in the world. What were these folks thinking?

You really want the institutional education system perverting children’s ideas about economics?

a reply to: worldstarcountry

Seriously? They have to pass a law for this BS?

My goodness.

It was called Home Economics in the 80's
And was a required class.

See what happens when you take common sense, out of schools?
You have to pass a law to put it back in.

When I was in school many moons ago we have a class like that, on finances, interestingly it was scraped from the classroom When the schools scraped the vocational education.

I guess it was not good to prepare the young minds to be able to survive the economy when the government was pushing for welfare for all and the creation of the entitlement and welfare class.

The motto, go, go and have children, no worries is sucker tax payers that will help you pay for them.

a reply to: network dude

Clearly they weren't. These were the same people who passed law saying that kids in K-3 shouldn't be learning about transgenderism just yet ... probably because they felt it was more important they learn the fundamentals of math so they could be financially literate.

I'm sure it was just pure hate that led them to vote on these measures. How will little Johnny know if xe should be xer or not if xe only knows how to balance the checkbook?

a reply to: chiefsmom
I had a home economics class in seventh grade ('98-'99) . It seemed to mostly be about cooking and cleaning and stuff. I did not even see anything about how to write checks and balance loans until freshman high school '(00-'01) and that was an elective class at the end of the day. I don't remember what it was called, but it was not home ec.

I saw a lot of my old classmates from high school sharing memes and talking about how they didn't teach about taxes or finances or whatever.

Kind of weird when I remember they were the ones skipping that class or not paying attention in Mr. Teacher's class while we learned how to do our taxes, apply for a mortgage, balance a check book, and even invest on the stock market.

But yeah okay school doesn't teach it. *eyeroll*

For that matter they still teach cursive as well.

It's like blaming schools for not being able to read when the students just hated to read, or fat kids in school because they sit on their asses in gym class and their parents feed them junk.

And this is coming from someone who thinks public schools are trash and that people should homeschool their kids or enroll them in a private school.

Is this the "Dont say 'student loan' act"?

originally posted by: Ksihkehe
a reply to: worldstarcountry

We know that everything Florida does is highly unconstitutional and causes many pearls to be clutched. I expect we'll see a wave of lawsuits from the parents of children who identify as financially illiterate in the wake of this inhumane bigotry.

The spin they come up with to villainize this one should be a real zinger. On Monday a very smart PhD in education, that has ironically never been an educator about anything except education, will be telling us why it's a bad thing for kids to have a class on finance.

yeah, they'll say there is no more room at the top.


or it's racist.

originally posted by: chiefsmom
Seriously? They have to pass a law for this BS?

My goodness.

It was called Home Economics in the 80's
And was a required class.

See what happens when you take common sense, out of schools?
You have to pass a law to put it back in.

We had that in my day, but it was just cooking classes.

a reply to: worldstarcountry

I predict that the left will try to block this on the grounds that it's racist.