When it Comes to Financial Literacy, Experience is the Best Teacher

While spending money is easier than ever ? one tap on a mobile device and a person can buy almost anything ?the financial literacy of how to spend and save money often remains elusive, including among teenagers. According to Schwab?s 2020 Financial Literacy survey, 65% of Americans look primarily to schools to provide financial education, despite the fact that fewer than half of U.S. states include any kind of personal finance course as a requirement for high school graduation. For Credit Union of Texas (CUTX), an organization founded by 13 teachers nearly 100 years ago, recognizing the value of fostering financial literacy spurred action that is having a lasting impact for students in North Texas. Earlier this year, CUTX partnered with North Texas? Allen High School to develop a full-s...

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