What if we could teach our children MONEY MANAGEMENT through public education programs? What if our children were encouraged to learn how to operate, value, earn, spend, and share money early in their lives? What if our children studied the tools, the skills, and the responsibilities of financial stability while still in school? What if financial literacy was a mandatory class like sex education?

Currently, the Personal Responsibility Education Program (PREP), funded under the Affordable Care Act of 2010, is primarily concerned with educating youth on both abstinence and contraception. However, after sex and relationships, financial stability is the most important personal responsibility of an individual.

As an accounting professional and a  mother of two students, I care about the future of my children. I am also concerned about the practicality of education in preparation for their adulthood. Therefore, I suggest amending Personal Responsibility Education Program (PREP) to include mandatory financial literacy courses for children. The classes should include the following:

1) Definition, Value Assessment, and General Uses of Money (Grades 5-6);

2) Basics of Earning, Spending, Banking, and Bookkeeping (Grades 7-8);

3) Types and Purposes of Financial Instruments (Grades 9-10);

4) Intermediate Earning, Spending, Banking, Bookkeeping, and Basics of Tax (Grades 9-10).

5) OPTIONAL: Advanced Earning, Spending, Banking, and Accounting; Intermediate Tax; Types and Purposes of Markets (Grades 11-12).

Financially educated children become financially responsible adults. Financially responsible adults turn into financially stable citizens who bring prosperity and stability to the country and the world. I don't suppose that's what you envision for the future of your children and our country, or do you?