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We worry that our children cannot keep up globally in important subjects like math and science, but what about money management? While financial training has not traditionally been a part of the "3 R's" of education, in a world of tough economic times, it has become an essential component of a sound education.

Subsequently, some public schools are implementing financial subjects as a part of their core curriculum, while non-profit organizations are working hard to provide resources to schools to help them in their efforts. Financial literacy is slowly but surely becoming an academic catchphrase for the 21^st century.

Why is financial literacy important?

answers that question as follows: "Financial literacy is important because it equips us with the knowledge and skills we need to manage money effectively. Without it, our financial decisions and the actions we take—or don’t take—lack a solid foundation for success. And this can have dire consequences:

• Nearly half of Americans don’t expect to have enough money to retire comfortably.
• Credit card debt has reached its highest point ever.
• Forty percent of Americans can’t afford a $400 emergency expense.
• Given the above statistics, it might not be surprising that nearly two-thirds of Americans can’t pass a basic test of financial literacy.

To explore the importance of financial literacy, we turned to personal finance experts working in colleges, high schools, and credit unions. Together, the populations they serve span a broad range of ages, incomes, and backgrounds. These educators witness first-hand the

For parents of children attending public schools, it can be exceedingly difficult to express their concerns about disciplinary measures, school policies, or the appropriation of district funding. In the majority of cases, the best place to start is the school board. However, parent-led battles within the public school setting are often frustrating, futile, and swamped in bureaucratic red tape. This guide can help you navigate the school board infrastructure and understand how to best advocate for your child.

describes what a school board does as follows: "A well-run school board plays a vital role in keeping your local schools on track, always with the student's best interests in mind. Ideally, a school board works with, and for, their community with the overarching goal of improving your district’s local schools. They should be maintaining a strong organizational structure for their district, one that empowers the superintendent and district administrators to manage the schools, the teachers to effectively teach, and the students to be supported in a thriving learning environment."

This video describes what a school board does.

The School Board: Where Major Decisions Are Made

For parents experiencing a personal issue related to schooling, the principal or superintendent should be the first port of call. However, if there are concerns relating to the school’s policies or curriculum, the elected school board is the only faction with the authority to

In the United States, the typical kindergartener is five years old. If a child turns five in March or April of a given year, it is highly likely that he or she will start kindergarten the following September. However, for parents whose children’s birthdays fall in the latter half of the calendar year, the question of when to enroll a child in kindergarten becomes more complicated. The practice of “redshirting,” or delaying a child’s enrollment in kindergarten so that the child is slightly older than some of his or her peers, is common

As explained, American children are eligible to start kindergarten based on a birthday cutoff date that is determined by the state, or in some cases, by the local school district. Birthday cutoff dates vary greatly; the Times reports that in Indiana, a child must turn five by July 1 of the year he or she starts kindergarten, while in Connecticut, a child must turn five by January 1 of the year he or she is enrolled in kindergarten.

Although children are generally not allowed to enroll in kindergarten earlier than the cutoff date dictates, they are allowed to wait and enroll a year later if their parents so choose.

The practice of holding a child back so that he or she is slightly older than some of the other students in a classroom is known as “redshirting.” The popular Newsweek blog Nurtureshock reports that

With a seemingly intense focus on standardized tests and rote memorization, are public schools effectively preparing kids for the "real world" beyond high school boundaries? The answers may be troubling.

In fact, nearly 82 percent of college students report that if their secondary educational experiences had established higher standards, they would have happily exerted more rigorous efforts as students. Additionally, as the National Governors Association reveals, approximately 65 percent of current high school students desire more demanding and interesting courses.

As schools struggle to meet academic expectations while simultaneously adjusting to budget cuts, are public school students currently lacking a sound preparedness for life after graduation?

Are Tests Helping Students Gain Relevant Experience?

In an attempt to boost the performance of all public schools, federal legislation implemented the No Child Left Behind act. This act, established nearly a decade ago, mandated increased student testing in order to verify the effectiveness of each individual public school's progress and instructional practices. While this act had ideal intentions, many have realized that the initiative merely distracted students from learning, while emphasizing a new focus on testing and progress scores.

An American Diploma Project, is one of the leading programs striving to foster real-world readiness among public school students. As Achieve reveals, "To close the expectations gap and better prepare students for college and the workplace, states must first ensure that high school standards reflect the real-world skills and knowledge students need to be successful after

Paying for academic performance has become a consistent debate surrounding public schools. Should children be monetarily rewarded for their grades? What are the pros and cons of financially rewarding teachers for their students’ performance?

Amidst all of these questions, a new theory has entered the ring. Some believe that parents should also be financially remunerated for their child’s public school success. To explore this possibility, some public schools across the country are experimenting with controversial cash incentives for parents, hoping that the “bribe” will help parents take on a more active and much-needed role in their child’s learning.

Will Paying Parents Boost Student Performance?

According to investigations from , programs providing cash motivation to parents have been seen in public school districts in nearly every state. While the moral and ethical appropriateness of such agendas continues to be clouded with controversy, recent studies show that these tactics work!

Specifically, a non-partisan social-policy research group, MDRC, found that cash incentives helped increase lower-income students’ performance and retention rates. In their study, MDRC discovered that families offered financial incentives for positive performance earned both increased grade point averages and enhanced feelings of confidence.

Adding to the reports of Time Magazine and MDRC, CNN also examined the potential advantages of financial rewards. Teachers of various public schools in Des Moines, Iowa, were fed up watching students passively fail through each class and semester.