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Personal Finance 101

The typical student will face $27,000 in debt when they finish school, yet very few feel they are adequately prepared to cope with personal finances.

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Applying for a mortgage or saving for retirement likely rank very low among the worries of most students. However, a recent survey reveals that financial literacy is becoming a crucial issue among students, with 70% stating learning to manage their finances is important to them.

The Investor Education Fund, a non-profit financial literacy organization, is assisting in the creation and implementation of money management into the curriculum for grades 4-12. It is the hope that this program will give students the financial literacy skills they need to succeed later in life.

Click here for the full post from Mortgage Broker Journal.