Financial literacy courses available before California law requires it NBC 7 San Diego [Video]

Future generations may be better at managing their money after high school due to a new state law requiring them to take a semester of personal finances to graduate.

At Junior Achievement of San Diego County, a similar course gives students a jump on how to manage their money even before they make any.

“A heavy dose of financial literacy, not just the numbers, but how it applies to their future life,” said the school’s CEO Sidd Vivek.

“So for that $1,000 laptop, you end up paying $1,651. The laptop cost $1,000 but you’ve been paying interest to the bank,” says the class teacher to the students as they pay attention to how interest rates work. 

Among them is eighth grader Jaqueline Gonzalez paying attention to the lesson plan.

“I think everybody should have savings, like for emergencies, you …