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Personal Finance

Nearly 25% of US students have access to personal finance education

Personal finance teacher Marina White teaches Canyon High School seniors in Santa Clarita, California, a lesson on investing and the power of compound interest. Helen Zhao | CNBC Millions of high school students across the US will graduate in 2022 with one important course under their belt: personal finance. Recent momentum among states requiring personal […]

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Personal Finance

88% of adults support mandated personal finance education

Most adults in the US support guaranteed access to personal finance education for high school students. Eighty-eight percent of adults surveyed by the National Endowment for Financial Education said their state should require either a semester or year long personal finance course for graduation. The survey of 1,030 adults was conducted in March. More from […]

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Personal Finance

These states possessed to pass personal finance education laws this year

Lee Jimenez, a teacher at Indian Hill Elementary School in Cincinnati, Ohio, discusses credit cards and methods of payments with his 3rd grade class using online financial education curriculum SmartPath. SMARTPATH There’s momentum for personal finance education becoming law in many states across the country. Nearly half the states already mandate such instruction, and more […]

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Markets

43% of investors say they’re too nervous to get into markets right now

Sarote Pruksachat | time | Getty Images The stock market has been off to a rough start this year. The S&P 500 Index is currently down more than 16% year to date through Monday’s close. That’s sparked worry for some investors. Some 43% said they’re too nervous to invest in the market right now, according […]

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Personal Finance

Georgia is now the latest state to mandate personal finance education

Georgia Governor Brian Kemp makes remarks during a visit to Adventure Outdoors gun shop as he pushes for a new state law to loosen requirements to carry a handgun in public, in Smyrna, Georgia, January 5, 2022. Alyssa Pointer | Reuters High school students in Georgia will soon have guaranteed access to a personal finance […]

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Markets

Here’s why a Roth IRA conversion may pay off in a down market

Walrus Images | E+ | Getty Images Soaring inflation, interest rate hikes and the war in Ukraine have sparked ongoing stock market volatility. But there may be a bright spot: the chance to save money on a Roth conversion. The strategy allows higher earners to sidestep the earnings limits for Roth individual retirement account contributions, […]

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Personal Finance

The 7 levels of financial freedom, according to a millionaire — 50% of US workers are at Level 2

Grant Sabatier isn’t retired. But he could be. One of the leading voices and biggest success stories in the FIRE movement — short for “financial independence, retire early” — the self-made millionaire has amassed enough money to live comfortably off income from his investments in perpetuity. More from Grow:How much you’d have now if you […]