Before kids can read, they have to understand a few basic components and how they connect. The marks that form letters. Letters that form words. Words that form sentences and paragraphs. Only after grasping these concepts can kids pick up a book and understand the power of its pages.
The same principle applies to financial literacy. Kids need to understand the basics in order to become successful adults who handle money wisely. Unfortunately, too many young people aren’t learning these lessons at school, at home or anywhere else. Because their future—and the future of the communities, cities and country they will lead one day—depends on it.