Financial literacy

Several pieces of legislation are being considered to require financial literacy classes in New York state. Advocates say money management is a vital component to the lives of students.

The Milford-based Black Business Alliance has received a $100,000 federal grant to expand financial literacy training and loan application support for black-owned companies across Connecticut.

A "Credit For Life" fair at Waterford High School on Friday, May 20, used a new phone app to create real-life scenarios for the students as they were taken through a theoretical life up to 25-years-old.