The Importance of Financial Literacy

Financial literacy is a crucial yet often neglected aspect of education in the United States. Currently, only about half of the states require financial literacy to be taught in schools, which contributes to widespread economic ignorance. Melody Hobson highlights her belief that children can serve as gateways to their parents, conveying important money concepts learned through resources like her book, 'Priceless Facts About Money.' Her goal is to ensure that financial discussions become a norm in households, as many parents are uncomfortable discussing money matters with their children.