Parents Let Kids Learn About Money The Hard Way | T. Rowe Price

BALTIMORE, April 7, 2015 /3BL Media/ - T. Rowe Price?s 2015 Parents, Kids & Money Survey revealed that parents are letting their kids, who are 8-14 years old, learn about money the hard way, but may not be having the appropriate financial conversations to help guide their decisions. Additionally, the survey found that a growing number of parents think that it is appropriate for schools to teach financial education, and three-quarters of parents think there should be a personal finance requirement to graduate high school. Edward Bernard, vice chairman of T. Rowe Price, commented, ?T. Rowe Price believes that financial education can be a valuable component of an educational curriculum. We?re pleased to see an increasing number of schools incorporating it into their programs nationwide. The complexity of today?s world requires a good understanding of basic financial concepts, in order to save and spend wisely. Financial education works best when schools and parents work together to teach money matters and reinforce lessons from the classroom in daily life.?

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