voa economic report - The Value of Teaching About Money

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is the VOA Special English Economics Report.

Personal is an increasingly complex world. There are more ways invest money, more ways to save it ---- and ways to lose it. Yet many people are more to this world than they might like to admit.

the United States, there are growing calls to do to help young people learn skills in financial literacy. efforts begin in high school. But more and more is available on the Internet, not only for young but also for adults. The goal is to teach budgeting, saving, investing and using money.

The United Financial Literacy and Education Commission was established in two three. This government group supervises financial education efforts through federal agencies.

Information on financial literacy and education be found at its Web site. The address is .. It includes links to agencies that deal with banking, a home, investing and other areas.

The National on Economic Education has found that seventeen states now high school students to take a class in economics. number has grown from thirteen in nineteen ninety-eight-.

of three years ago, half of all states required to take a class in personal finance. Yet that has fallen, from twenty-five to twenty-two-.

The National Council Economic Education sells textbooks for grades four through twelve. also offers free materials for teachers. The information is at nceenet..

Teachers say parents also need to play larger part in educating their children about money. A study found that seventy percent of college students said received financial advice mainly from their parents.

Investment companies offer information. Charles Schwab, for example, has a Web to help parents teach their kids about money and . The address is SchwabMoneyWisecom..

One of the first of financial independence that many young people get is summer jobs. Junior Achievement is an organization that teaches people about finance and business. It says almost three-fourths young people questioned said they planned to have a job.

And that's the VOA Special English Economics , written by Mario Ritter. You can learn more about , and download transcripts and audio archives of our reports, voaspecialenglishcom.. I'm Steve Ember.

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