WA State House Rep. Skyler Rude (16th District GOP) introduced a financial literacy bill in the legislature in January. HB (House Bill)  1915 would make it a graduation requirement, beginning with the Class of 2031. The class could be imbedded as part of another course or could be taught as a stand-alone.

  A new study shows extensive financial gain for students

Teaching students skills such as managing a bank account, balancing skills, how to fill out loans and other applications, and many other methods of managing their money will benefit them greatly down the road, according to a new study.

  Tyton Partners, a strategy consulting and investment banking firm that focuses on education matters, teamed up with Next Gen Personal Finance to conduct the study. Next Gen is the leading non-profit financial education entity in the US.

Their study showed nationally, students who take at least one semester of financial literacy can result that student seeing a lifetime benefit of up to $100K, in WA state that figure was $110K.  This results from having better money management skills, learning how not to 'waste' resources, and avoiding bad expenditures and investments and more.

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Financial literacy can help a high school graduate have better control of debt management, often leading to better credit scores and a more well-rounded financial retirement. The latest news on Rude's bill is that it was referred to the House Rules Committee for review.

QUIZ: Can you identify 50 famous companies by their logos?

How well do you know the logos of 50 of the world's most famous companies? Keep scrolling to see if you can guess which icon belongs to which brand.

 

 

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