man giving presentation on finances Employees who practice good financial wellness are alsoproven 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 statelegislature to require all students to take a half credit personal finance course and pass a test by theend of the year in order to graduate.

This proposed legislation could prove to be a breakthrough ideabecause frankly, much of the high school-educated—or evencollege-educated—workforce has never had a formal education on howto take care of their personal finances, pay off their student loans, open an appropriate retirementaccount, select an insurance provider or generally prepare forpersonal financial success.

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