Once again, Florida Governor Ron DeSantis is leading the nation in action over words. On Tuesday, he signed a bill making class in financial literacy a requirement in high schools across the state.
“Today I think is good because what the bill’s doing with financial literacy is really providing a foundation for students that’s going to be applicable in their lives regardless of what path they take,” he said during the Pasco County press conference.
“I think that what we’re doing here today, we’re going to be signing S.B. 1054 … it will require all Florida high school students to meet a financial literacy, one half-credit requirement in order to graduate,” DeSantis explained, noting it will be applied in the ’23-’24 school year.
This will “provide a foundation for students to learn about the basics of money management, understanding debt, understanding how to balance a checkbook, understanding the fundamentals of investing,” he said.
“Any financial literacy has really been intertwined with economics courses, which you know, economics is a little bit different than financial literacy. And so we want a strong focus on economics, both micro and macro, but you want to also have standalone financial literacy,” the governor added.
Such classes are a boon for a number of reasons, not the least of which there are many people who graduate college, let alone high school, who know nothing about how money works and end up in serious debt having to dig their way out over the course of decades.
How these classes will be taught and implemented was not made clear at the press conference. However, the fundamentals of financial management are a skill that is far more valuable than much of what is taught in woke schools where gender and talk of it is all the rage these days. Learning to balance a checkbook is far more important.
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