California is closer to requiring financial literacy courses for public school children. The plan would make it so all high school students would need to take at least one semester of financial literacy in order to graduate.
Students would learn to manage their money, balance a checking account, use credit cards wisely, create a nest egg, and avoid scams.
A ballot initiative will take the matter to voters in November, but a bill currently making its way through the legislature could pass before the election. If that happens, the ballot initiative would be set aside.