Financial Literacy Classes: Why Isn't Personal Finance Taught More in Schools?
Although many teenagers are eager to learn about managing money, financial literacy education in schools remains inconsistent due to time constraints, inadequate training, and scarce resources. This gap leaves students less prepared for financial challenges as they transition into adulthood.
Published on April 8, 2025
With increasing evidence that early financial education can pave the way for improved money management later in life, many experts have raised concerns about the inconsistency in personal finance training in schools. Time constraints, limited resources, and insufficient teacher training contribute to a patchwork of financial literacy programs. For example, a Financial Times article from April 4, 2025, points out that despite the benefits of starting early, many students still miss out on practical financial lessons that could help them avoid costly mistakes as adults.
Recent research from several sources underscores that while demand is high—68% of teens are eager for financial literacy courses—a significant portion of schools still lack dedicated curricula. Studies and reports, including those from ExcelinEd and Junior Achievement of Florida Foundation (August 6, 2024), stress the need for structured support and accountability. With new mandates in over 27 states for high school graduation requirements in personal finance, educators and policymakers continue to debate how to best equip young people with the skills they need for true financial independence.