Boston Globe: Financial expert says we teach our kids to make money, but don't educate them on using it wisely

By Arthur Page

Release Date: May 4, 2005 This content is archived.

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An article in the Boston Globe reports Massachusetts officials have begun a voluntary financial literacy initiative aimed at teaching high school juniors and seniors the basics of budgeting, saving, credit cards and insurance. The article quotes Lewis Mandell, professor of finance and managerial economics, who says we work hard at teaching our kids to make money, but don't educate them on using it wisely. Go to article.