Financial literacy is not always taught in school. Here's how parents can prepare their kids to budget and invest wisely.

Financial literacy education is not universally prioritized in K-12 settings, with only 26 states mandating personal finance courses. Parents play a crucial role in teaching financial skills at home.

Research suggests that parental education on financial basics positively impacts college students' financial decisions. Starting early to teach kids about budgeting and money's finite nature is essential for financial literacy.

Read at Business Insider