California to add personal finance course as requirement to graduate high school [Video]

California high school students will soon be required to take a financial literacy course to graduate, thanks to a bill slated to be signed by Gov. Gavin Newsom soon.

AB 2927, sponsored by Democratic State Rep. Kevin McCarty and co-authored by a league of bipartisan lawmakers, requires students graduating in the class of 2030-2031 to take a semester-long personal finance course, meaning public high schools and charter schools will be required to offer the course beginning in the 2027-2028 school year.

“We need to help Californians prepare for their financial futures as early as possible. Saving for the future, making investments, and spending wisely are lifelong skills that young adults need to learn before they start their careers, not after,” Newsom said of the effort, per a press release from the Golden State’s official website.

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The release indicated that Newsom, along with Senate President pro …