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It was announced this week that California high school students will soon have a financial literacy requirement in order to graduate. I think this is great news because learning about your personal finances isn't really taught in school.
“We need to help Californians prepare for their financial futures as early as possible. Saving for the future, making investments, and spending wisely are lifelong skills that young adults need to learn before they start their careers, not after,” Newsom said in a statement.
The course will only be a semester long and it will be available for all high school students in California by the 2027-2028 school year. Although the class will be available starting in 2027, the requirement to take it in order to graduate will start with the 2030-2031 graduating class. What do you think of this new requirement? For more, click here.