As the next generation of consumers matures, it's vital to educate them with the knowledge they need to become financially literate and financially responsible. The gift of knowledge can impact not only their own personal finances later in life, but perhaps the country as a whole. After all, we are raising the next generation of business people, politicians, and leaders. Feel free to use this introductory letter in your lessons to get parents involved with their student's financial literacy.
Simply copy and paste the following or click here for a PDF version.
View the responsibility checklist that accompanies this letter.
Dear Parents,
We have been learning about financial responsibility and credit at school. Financial literacy is important for students to learn, especially since it can encourage better money habits later in life.
Our curriculum has included a number of lessons on finances, budgeting and basic money management. We have also been addressing credit, its role in our financial system and society, and how to use credit responsibility.
Many students have access to credit cards, or you might be considering letting your child use your credit card, or obtain a credit card of his or her own. Before you allow this, consider your child's maturity and level of responsibility. The enclosed checklist can help you evaluate your child's financial behaviors, and other behaviors, and help you determine whether or not your student is ready for a credit card.
We urge you to reinforce lessons of responsible credit use at home, and encourage your student to develop sound financial habits.
Thank you,
Educator