Virginia, Missouri, Tennessee and other states are now requiring high-school students to take a class to improve their financial literacy. Financial institutions and nonprofit groups also are supporting the effort. A partnership between the Charles Schwab Foundation and the Boys & Girls Clubs of America has introduced hundreds of thousands of students to financial-literacy lessons. "We feel that if you can get kids on the right track at an early age, they're more likely going to be financially successful adults," said foundation President Carrie Schwab-Pomerantz.
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