A new bill has been passed in the state of Michigan requiring all students (starting with the 8th grade class in Fall 2023) to complete a personal finance class in order to graduate high school. How man times have we heard "I was taught the pythagorean theorem but I was never taught how to balance a checkbook"? In the state of Michigan, that's all about to change.
Kudos to State Representative Diana Farrington for sponsoring the bill and her efforts to get it endorsed by the governor. This is a step in the right direction. In episode 47 we discuss the implications, question the curriculum, and even volunteer to teach this class!