WASHINGTON — Financial education should begin in elementary school and the government should work more with community organizations to increase knowledge of personal finance, NAFCU told a government panel.
Ensuring that elementary school students learn about these subjects early on "will allow children and young adults to avoid many financial missteps in the immediate future," NAFCU Senior Vice President of Government Affairs B. Dan Berger wrote in a letter sent Friday to the President's Advisory Council on Financial Literacy.
Berger urged that school systems expand their efforts with credit unions to increase financial awareness among students of all ages.
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