Florida Governor Ron DeSantis has signed legislation making the state the first in the nation to require financial literacy instruction at every grade level from kindergarten through twelfth grade. The curriculum covers age-appropriate topics including saving, budgeting, credit, investing, and understanding taxes.
The law requires school districts to implement the expanded curriculum by the 2027-2028 school year and allocates $120 million in state funding for teacher training and instructional materials. Private sector partners including JPMorgan Chase and Fidelity have pledged additional resources to support the rollout.
Education policy experts say the initiative could serve as a national model, noting that financial illiteracy costs American households an estimated $400 billion annually in poor financial decisions and predatory lending losses.