Financial literacy

Champlain College's Center for Financial Literacy has given Connecticut a failing grade in teaching personal finance to high schoolers. A new law signed by Gov. Ned Lamont will require all students to take a personal finance class before graduation, beginning with the class of 2027.

In a move to expand financial literacy in the state, Connecticut Gov. Ned Lamont has signed a bill that would make it mandatory for high school students to take a personal finance course to graduate.

Managing money well, takes training. There’s a lot to know. But where can people go to develop sound financial skills?

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.