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California requiring high schoolers take financial literacy class [Video]

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Corporate Finance

Gov. Gavin Newsom signed a bill in June requiring high schoolers to take a financial literacy course to graduate by the 2029-30 school year.

SACRAMENTO, Calif. — California Gov. Gavin Newsom signed a bill in June requiring high schoolers to take a financial literacy course to graduate. The semester-long course will be offered by the 2027-28 school year and make it a requirement by 2029-30.

ABC10 spoke with educators about why financial literacy matters and the lessons everyone can learn when it comes to being smart with money.

“I’m very excited to learn about managing all of it and as I get older, getting a job and having to take care of taxes,” said student Hannah Ferrebee.

Student Caleb Love echoed Ferrebee’s sentiment.

“Learning about money and the economy will help me, especially after I’m 18 and I get out of college and stuff because college is expensive,” said Love.

Curious minds and enthusiastic teachers like Ellie Valencia at Sierra High School in …

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