7 On Your Side
Fiance lessons may come on SATs or driver's test
SAN FRANCISCO (KGO) -- Talk with parents and nearly two thirds will tell you their children do not have the financial skills they need when they leave home.
So how do you encourage kids to learn about finance?
Adam Levin of Credit.com has been working on that.
"One of the recommendations was to put a few financial related questions on the SATs. I mean, they all want to do well on the SATs. Another recommendation was to put a few of those questions on the driver's test," said Levin.
The thinking is that kids want to drive so bad, they will be willing to learn about interest rates and bank accounts if their license is at stake.
Not a bad idea.
7 on your side, michael finney
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