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	Smart Kids Can be Dumb About Money Parents don�t appreciate how unprepared their kids are to manage financial matters on their own and how much kids need to know today to avoid problems and bad habits which will hurt them later in life. (PRWEB) August 20, 2024 -- Parents need to take the time to educate their kids about money management before they leave for college. Unfortunately, college students often get in financial trouble at school. US Treasury statistics reveal that 45% of all college students are in debt with an average credit card debt load of $3,000 by graduation. Studies have also shown that young people typically get failing grades on tests of their financial knowledge. They are not adequately prepared for the financial choices they must make when living on their own for the first time. In fact, bankruptcy is growing faster among young adults in their 20's than in any other age group in the country. Yet, parents are sending their kids to college with only a mild lecture against overspending.  [More >>]

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