Majority of states require some kind of financial literacy, but Michigan is not one of them.Michigan was one of the hardest hit states during the 2008 recession due to many reasons. However, one of the key reasons was a lack of financial knowledge among its citizens. There is indeed a correlation between the lack of mandatory financial literacy curriculum in schools and a lack of financial knowledge among adults.
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- Help better the state as a whole. Educate our kids. There are not many skills that students require that are more important than financial discipline and savviness.