（#Money #Credit #Cash）Financial Literacy: Credit Cards: Understanding the Income and Expenses Essential to Daily Life
Talking About Money Is Now Seen as “Cultural Literacy” • “Talking openly about money just feels kind of uncool.” • “Talking about money is greedy and vulgar.” • “It’s tacky to discuss your income in front of your children.” In the past, comments like these were common. There used to be an atmosphere where people avoided discussing money, as if it were something to be hidden. However, things are completely different today. Today’s high school students are learning thoroughly about “wealth building” and “investing” in their school classes. Knowledge about how to protect, grow, and spend money is no longer something to be kept secret; it has become an essential part of “general knowledge” for living. Even if they’re currently focused on managing their allowance, there will inevitably be situations in the future where they’ll need money. And those expenses may frequently exceed the amount of their allowance. The financial literacy gained by understan...