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Students Want Finance Lessons


Seventy per cent of Ontario high school students say that learning how to manage their personal finances is important or very important, says a study from the Investor Education Fund (IEF). The study also revealed that 69 per cent of students think personal finance lessons should be taught in the classroom, an increase of 12 percentage points from a similar study done in 2009. However, only four in 10 respondents feel they are somewhat or very prepared for managing their personal finances after high school and only about one-quarter say their schools provide them with most or all of the financial information they need. The feeling of being prepared was highest when the schools provided most or all of the available information. High school students who felt their school provided most or all of the personal finance information they need are twice as likely to ‘always budget’ (29 per cent), compared to other high school students (15 per cent). In most schools, 42 per cent of students ‘never budget.’ This number drops to 18 per cent in schools thought to provide all or most of the personal finance information students need.

Courtesy of Benefits and Pensions Monitor website News Alerts

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