Personal Financial Literacy

Great Essays
In our society money is the end all be all. It is the power that controls our lives. It controls a person’s nourishment, warmth, and shelter. It controls your health and education. It controls your social worth and most importantly, it controls your future. There are so many complicated aspects to personal finances that are used in everyday life, such as, taxes, savings, investing, and loans. These concepts, don't come easy to many adults and especially high school students who are just getting their first part time jobs. I know many high school graduates, like my self, who feel like they are figuring it out as they go. But, why should we leave such an important concept to guess work? This is especially important because the right education or lack there of, would either dramatically increase the well-being of the students and the …show more content…
Their program is offered to students in Kindergarten through twelfth grade. The Passport to Financial Literacy Act was implemented in the 2008-2009 school year. The program has a really good ideas when it comes to the future success of students. The Oklahoma Department of Education writes that ,“The intent of personal financial literacy education is to inform students how individual choices directly influence occupational goals and future earnings potential. Learning the ideas, concepts, knowledge, and skills will enable students to implement personal financial decision-making skills; to become wise, successful, and knowledgeable consumers, savers, investors, users of credit, money managers, and to be participating members of a global workforce and society.” I am really proud of the state for seeing the potential and the importance of Financial Literacy. The program sounds really appealing at first glance at their website; however, having experienced this program first hand in high school, I have some issues with its

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