Thanks to a bipartisan effort led in part by a local state senator, all Minnesota high school students will soon be required to take classes covering the basics of personal finance.
kAmt2C=:6C E9:D J62C[ |:??6D@E2 3642>6 E96 a_E9 DE2E6 E@ C6BF:C6 9:89 D49@@= DEF56?ED E@ E2<6 2 A6CD@?2= 7:?2?46 4@FCD6 27E6C E96 AC@A@D2= H2D :?4=F565 2=@?8D:56 >2?J @E96CD 
E96 65F42E:@? @>?:3FD 3:== A2DD65 3J E96 su{\4@?EC@==65 =68:D=2EFC6 2?5 D:8?65 3J v@G] %:> (2=K]k^Am
kAm{@42= D49@@=DH:== 92G6 E:>6 E@ AC6A2C6[ 2D E96 C6BF:C6>6?E 5@6D?’E 8@ :?E@ 67764E F?E:= E96 a_ac\ad D49@@= J62C] ~?46 :E’D:?A=246[ 2== 9:89 D49@@=6CD H:== 36 C6BF:C65 E@ E2<6 DF49 2 D6>6DE6C\=@?8 4@FCD6 A6CD@?2= 7:?2?46 5FC:?8 `_E9[ “E9 @C `aE9 8C256]k^Am
kAm&?56C E96 4@F?E6C\AC@A@D2= @776C65 3J $6?]#:49 sC296:>[ #\|25:D@? {2<6[ DEF56?ED H@F=5 92G6 366? C6BF:C65 E@ E2<6 E96 4@FCD6 5FC:?8 E96:C D6?:@C J62C] %96 4@FCD6 2=D@ H@F=5 92G6 366? E2F89E @?=:?6 C2E96C E92?[ D@>6E9:?8 E92E sC296:> D2:5 H@F=5 96=A 42D9\DEC2AA65 5:DEC:4ED E@ @776C E96 4@FCD6 2E 2 =@H 4@DE]k^Am
kAmx?|2C49[ sC296:> E@=5 E96 $6?2E6 t5F42E:@? !@=:4J r@>>:EE66 E92E 8C62E6C 65F42E:@? 2C@F?5 A6CD@?2= 7:?2?46 4@F=5 8@ 2 =@?8 H2J E@H2C5D 96=A:?8 J@F?8 A6@A=6 2G@:5 7:?2?4:2= A:E72==D 2?5 249:6G6 =@?8\E6C> 7:?2?4:2= D64FC:EJ]k^Am
kAm“x 5@?’E 2?JE:>6D x’G6 962C5 7C@> 5:776C6?E 6>A=@J66D @C 4@\H@C<6CD E92E 92G6 D2:5 'x H:D9 x H@F=5 92G6 2<6 >:DE2<6D"[ E92E’D 9@H H6 =62C?[ 3FE x 5@ E9:?< H6 4@F=5 8F:56 E96> 2 =:EE=6 3:E >@C6 @? >2<:?8 E9@D6 8@@5 564:D:@?D]"k^Am"
kAm%96 4@>>:EE66’D su{ >6>36CD 28C665 H:E9 sC296:> 3FE BF6DE:@?65 9:> @?E96 DA64:7:4D @7 E96 AC@A@D2= 2?5 9@H :EH@F=5 27764E =@42= D49@@=D]sC296:> D2:5 96 H2D :?E6C6DE65 : ?H@C<:?8 H:E9 4@>>:EE66 >6>36CD E@ 7FCE96C 56G6=@A E96 AC@A@D2=]k^Am
kAm“x7 E96C6’D2 36EE6C:562[ x H@F=5 36 369:?5 :E `__T[” sC296:> D2:5] “%9:D 
;FDE >J 4@?46AE[ 2?5 x 9@A6 J@F’== CF? H:E9 :E 2?5 :>AC@G6 :E]”k^Am”
kAm%96 D:>:=2C AC@A@D2= H9:49 F=E:>2E6=J >256 :E :?E@ E96 65F42E:@? @>?:3FD 3:== 42> 6 7C@> $6?]$E6G6 rH@5K:?D<:[ su{\t56? !C2:C:6] p C6E:C65 $@4:2= $EF5:6D E62496C[ rH@5K:?D<: D2:5 96 962C5 7C@> 72C E@@ >2?J 4@?DE:EF6?ED H9@D6 49:=5C6? 925 C646?E=J 8C25F2E65 7C@> 9:89 D49@@= 2?5 H6C6 2=C625J @G6CH96=>65 3J E96 492==6?86D @7 >2?28:?8 A6CD@?2= 7:?2?46D]k^Am
kAmrFCC6?E=J[ 2=>@DE 2== =@42= 9:89 D49@@=D @776C DF49 2 A6CD@?2= 7:?2?46 4@FCD6 2D 2? 6=64E:G6 4C65:E] (9:=6 :E 92D 364@>6 2? :?4C62D:?8=JA@AF=2C @776C:?8[ >2?J DEF56?ED DE:== 8C25F2E6 H:E9 =:EE=6 F?56CDE2?5:?8 @7 6G6CJE9:?8 7C@> 9@H E@ 7:=6 E2I6D 2?5 >2:?E2:? 2 4C65:E D4@C6 E@ E96 A@E6?E:2= =@?8\E6C> :>A24ED @7 >@CE8286[ DEF56?E =@2? 2?5 4C65:E 42C5 563E]k^Am
kAm#6A]w@52? w2DD2?[ su{\|:??62A@=:D[ H2D E96 w@FD6 DA@?D@C @7 E96 =68:D=2E:@?] w2DD2? 92D 2C8F65 E92E 2 =24< @7 A6CD@?2= 7:?2?46 2 =@H6C D@4:@\ 64@?@>:4 DE2EFD[ 6DA64:2==J :>>:8C2?ED 2?5 |:??6D@E2?D @7 4@=@C[ H9:49 4@?EC:3FE6D E@ E96 DE2E6’D A6CD:DE6?E 2?5 =2C86 C24:2= H62=E9 82A]k^Am
kAmkDEC@?8m{@42= A6CDA64E:G6Dk^DEC@?8mk^Am
kAm$E]!6E6C w:89 $49@@= 92D =@?8 @776C65 2 A6CD@?2= 7:?2?46 4=2DD 2=C625J[ 3FE :E’D ?@E 2 C6BF:C6>6?E] xE 92D 366? @776C65 2D 2? 6=64E:G6 E@ 8C256D h\`a 7@C >2?J J62CD[ 244@C5:?8 E@ !C:?4:A2= p??6EE6 t?86=5:?86C[ 2?5 E92E H:== DE:== 36 E96 42D6 E9:D J62C] xE H:== ?665 E@ 492?86 7C@> 6=64E:G6 E@ C6BF:C6>6?E 7@C 8C256D `_\`a E@ 2=:8? H:E9 E96 DE2E6 =68:D=2E:@?[ DE2CE:?8 H:E9 E96 a_ab\ac D49@@= J62C]k^Am
kAmt?86=5:?86C:D8=257@C E96 492?86]k^Am
kAm“x’> AC6EEJ 6I4:E65 23@FE E96 255:E:@?2= C6BF:C6>6?E[” D96 D2:5] “(9:=6 x’> 2 7:C> 36=:6G6C 49@:46 7@C <:5D[ E92E’D @?6 x C62==J 36=:6G6 :?] x D66 E96 =6G6= @7 @?8 C646?E 8C25F2E6D]%96J DE :== ?665 2 =@E @7 65F42E:@? E96C6]tG6? ;FDE E96 4@DED @7 4@==686 2?5 E96 :>A24E E92E 42? 92G6 7@C J62CD E@ 4@>6]”k^Am
kAm%96 $E]!6E6C AC:?4:A2= 5:5 ?@E6 E92E E96 C6BF:C6>6?E 4@F=5 :>A24E DE277:?8 2E E96 D49@@=]rFCC6 ?E=J[ E96 6=64E:G6 4@FCD6 86ED 23@FE EH@ D64E:@?D A6C J62C[ >62?:?8 E96 >2;@C:EJ @7 DEF56?ED 5@ ?@E E2<6 E96 4@FCD6] t?86=5:?86C ?@E65 E92E’D F?56CDE2?523=6[ 4@?D:56C:?8 E96 D49@@= 92D “D@ >2?J C62==J 7F? 6=64E:G6 @AA@CEF?:E:6D 7@C <:5D]” qFE 3F>A:?8 FA E@ 2 C6BF:C65 4@FCD6 7@C 2== DEF56?ED 7@C 2E =62DE @?6 D6>6DE6C 8C256D `_\`a H:== > 62?>@C6 E92?@?6 E62496C?66565]k^Am
kAm“xE H:== 27764E @FC DE277:?8 8@:?8 :?E@?6IE J62C[ 2D H6 @?=J 4FCC6?E=J 92G6 @?6 3FD:?6DD E62496C[” t?86=5:?86C D2:5] “p 3FD:?6DD”[ upr$ @C >2E9 E62496C H@F=5 2== 36 =:46?D65 E@ E6249 E92E A6CD@?2= 7:?2?46[ 4=2DD D@ E92E’D 96=A7F=—\ ?@E E92E E9@D6 2C62D 2C6 A2CE:4F=2C=J 62DJ E@ DE277 6:E96C] x :>28:?6 E96C6 H:== 36 2 ?665 24C@DD E96 DE2E6 E@ 9:C6 :?E9@D6 2C62D[ 3642FD6 @7 E92E ?6H C6BF:C6>6?E]”k^Am”
kAm$96 2=D@ ?@E65 E96 C62=:EJ E92E >@C6 E62496CD @?6 2C62 42? 27764E E62496CD @E96C2C62D[ 6DA64:2==J 6=64E:G6 2C62D]k^Am
kAm”(96?J@F2552C6BF:C6>6?E[ 2?5 :E E2<6D 2H2J @?6 6=64E:G6 @AA@CEF?:EJ 7C@> <:5D[ E92E 42? 27764E @E96C 6=64E:G6 56A2CE>6?ED[” D96 D2:5] “x>A=6>6?E2E:@?” 2=H2JD 92C56C E92? ;FDE E96 :562]”k^Am
kAm|@DE =@42= D49@@= =6256CD 2C6 DEC@?8=J DFAA@CE:G6 @7 E96 ?6H C6BF:C6>6?E 2?5 2AAC64:2E6 E96 255:E:@ ?2= AC24E:42=:EJ :E 3C:?8D E@ 65F42E:@?]w@H6G6C[ }@CE97:6=5 $FA6C:?E6?56?E |2EE w:==>2?? 5:5 A@:?E @FE E92E :E H:== C65F46 E96 2>@F?E @7 7=6I:3:=:EJ DEF56?E D4965F=6D]k^Am
kAm”(96?6G6C H6 255 2C6BF:C6>6?E[ E92E >62?D E92E DEF56?ED 92G6 =6DD 49@:46[” w:==>2?? D2:5] “%9:D 2 G6CJ H@CE9J C6BF:C6>6?EE@ 92G6[ 3FE H96? DEF56?ED 8@ E@ =@@< 2E E96:C 4@FCD6 D4965F=6D[ E96J H:== 92G6 @?6 =6DD @AA@CEF?:EJ 7@C 2? 6=64E:G6]”k^Am”
kAmu@C>6C ~H2E@??2 !F3=:4 $49@@=D s:C64E@C @7 %6249:?8 2?5 {62C?:?8 |:496==6 zC6= = D2:5 E92E E96 s:DEC:4E 92D D@F89E E@ AC6A2C6 DEF56?ED 3J AC@G:5:?8 AC24E:42= 36C @7 6=64E:G6 4@FCD6 @776C:?8D @G6C E96 J62CD]k^Am
kAm%@AC6A2C67@C E96?6H C6BF:C6>6?E[ zC6== D2:5 D96 2=C625J H@C<:?8 4=@D6=J H:E9 w:89 $49@@= !C:?4:A2= z@CJ z2E9] ~?46 E96 DE2E6 C6=62D6D 4@FCD6 DE2?52C5D[ zC6== D2:5 E92E D96 2?5 z2E9 H:== 92G6 E@ 564:56 H9:49 E62496CD 2C6 36DE A@D:E:@?65 E@ E6249 E96 ?6H 4@FCD6]k^Am
kAm%C:\r:EJ &?:E65 @?6 @7 E96 @?=J =@42= D49@@=D H9:49 92D 2=C625J C6BF:C65 :ED 9:89 D49@ @=6CD E@ E2<6 2 4@FCD6 4@G6C:?8 7:?2?4:2= =:E6C24J]!C:?4:A2= p=2? u:EE6C6C D2:5 E92E E96 :562 8@6D 324< >@C6 E92? 2 564256[ 367@C6 |@?E8@>6CJ\{@?D52=6 2?5 {6 r6?E6C !F3=:4 $49@@=D >6C865]k^Am
kAmu:EE6C6C D2:5 E96:562 DACF?8 @FE @7 2 A2C6?E2?5 E62496C E2D< 7@C46 H9:49 4@?4=F565 E92E 2 4@FCD6 7@4FD65 @? AC@G:5:?8 AC24E:42= :?7@C>A@DE\w:89 $49@@= :?56A6?56?E =:G:?8 D9@F=5 36 25565 E@ E96 |@?E8@>6CJ\{@ ?D52=6 4FCC: 4F=F>]k^Am
kAm}@H[ E96 x?56A6?56?E {:G:?8 4@FCD6 E2<6? 3J 2== %r& ;F?:@CD 2?5 D6?:@CD 4@G6CD E@A:4D =:<6 4964<:?8 244@F?ED[ 563:E 2?5 4C65:E 42C5D[ 2?5 =@2?D[ H:E9 2 7@4FD @? 9@H 563E 42? BF:4<=J DA:C2= @FE @7 4@?EC@= H:E9 32?<D 2?5 4C65:E 42C5 4@>A2?:6D 492C8:?8 AF?:D9:?8 :?E6C6DE C2E6D]k^Am
kAmpE u2C:32F=Ew:89 $49@@=[ ;F?:@CD 2?5 D6?:@CD 2C6 2=C625J @776C65 2 7:?2?4:2= =:E6C24J 4@FCD6 E9@F89 :E ?@E J6E >2?52E@CJ] ~?46 :E 5@6D 364@>6 2 C6BF:C6>6?E[ !C:?4:A2= y@6= ~=D@? D2:5 6?C@==>6?E H@F=5 =:<6=J >@C6 E92? 5@F3=6] (9:=6 E92E >:89E C6BF:C6 D@>6 D9F77=:?8 @7 D4965F=6D[ ~=D@? A@CEC2J65 E96 ?6H C6BF:C6>6?E 2D 4@>>@? D6?D6]k^Am
kAm“x 7:C>=J 36=:6G6 <:5D D9@F=5 92G6 7:?2?4:2= =:E6C24J 65F42E:@? 7@C H96? E96J 6?E6C E96 H@ C<7@C46[ D@ E96J <?@H 9@H E9:?8D H@C< H:E9 3F586ED 2?5 3:==D 2?5 564:D:@? >2<:?8] xE'D <:?5 @7 25F=E:?8 `_`[” 96 D2:5 H:E9 2 =2F89]k^Am
