The following is an article written by my daughter, Allison Beacham, for USA Today College‘s contributor network. I completely agree!
My four years at Miami University in Oxford, Ohio, taught me many things: how not to turn laundry pink, that Bagel Bites aren’t dinner.
I also learned about financial literacy — even though, like laundry and nutrition, it was strictly through self-study. There just wasn’t much financial education offered to students outside the business school.
So even though money management is a key part of every adult’s life, personal finance wasn’t part of my formal education. (I did, however, have to take two geology courses.) Lucky for me, I grew up in a household where being money savvy was a family rule and not some afterthought like the laundry lesson I had clearly needed.