Can We Really Trust Schools to Teach Our Teens All They Need to Know about Money Management?

Should teens learn about money in school?  Of course!  The whole point of schools is to prepare our children to become productive and active citizens who make informed choices.

Imagine a society that produces generation after generation of adults that spend more than they earn, that has little to no financial education, and that looks to blame institutions for the money problems they have….and then imagine the impact that would have on our society.

Oooops!  No need to imagine, really—just look around and see our reality!

But the “buck” (pun intended!) stops with us, as parents and leaders.  If every teen in the world goes to school and learns about money and then goes home and has NO financial responsibility at all, then most of that education evaporates.

Does it make sense to expect a course or two at school will do the whole job?  I can’t see any sense in that at all, frankly.  When what they learn at school has NOTHING to do with real life for them, then it’s really a waste of time and resources.

How do we make money matters relevant to teens?  Are we teaching them that money management is a part of life?

As long as we keep pointing to our institutions and forget to point at ourselves, we will continue to have a society of financially illiterate people.  That’s the big picture future we have to live in to.  On a personal level, this is not a future for the teens we love that we want for them.  We want our children to have the habits and attitudes that empower them to have the lives they love and make a difference in the world, yes?

Let’s start at home and then look to schools to expand and deepen our teens’ financial education.

Please pledge to do that for the teen in your life here.  Then invite your friends who are parents and leaders to do the same!

© WealthQuest for Teens, Ltd., 2012 All rights reserved worldwide.



  1. Absolutely agree! We have to extend classroom into their everyday lives and make it relevant to them.

  2. “When what they learn at school has NOTHING to do with real life for them, then it’s really a waste of time and resources.”

    You hit it on the nose there. Throw out the traditional textbooks and provide real learning! Projects, guest speakers, OJT, all equal realistic learning and expectations.

    • Thank you for your comment and for the great examples. All of those interactive, engaging experiences are great ways for students to learn these (and other) skills.

  3. Studies have shown that money lessons aren’t sticky unless they are applicable. That makes parents a teen’s most important resource since parents will be around to help when situations arise.

    Schools can help, but parents are right on the front line.

  4. As long as application is followed by transformation ….

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