Financial illiteracy is harming California’s students. The issue of young people being unprepared for adulthood is often attributed to a lack of financial literacy. However, we believe that the root of the problem lies in the fact that many adults in California are themselves financially illiterate and therefore unable to impart this knowledge to the younger generation. Assemblymember Kevin McCarty (D-Sacramento) has introduced legislation to address this problem, Assembly Bill (AB) 984. The bill aims to correct this travesty by mandating that instruction on personal finance be integrated into California’s K-12 public schools. AB 984 has the full support of
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