Employees who practice good financial wellness are also proven to stay with the company longer, be more engaged at work, less stressed and healthier. (Photo: Getty)
A bill was recently proposed in the South Carolina state legislature to require all students to take a half credit personal finance course and pass a test by the end of the year in order to graduate.
This proposed legislation could prove to be a breakthrough idea because frankly, much of the high school-educated—or even college-educated—workforce has never had a formal education on how to take care of their personal finances, pay off their student loans, open an appropriate retirement account, select an insurance provider or generally prepare for personal financial success.
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