"Financial literacy is a growing concern given the state of the U.S. economy over the past five years. The recession has led to high unemployment, foreclosures, personal and national debt, inflation, and financial uncertainty. In order to properly grasp these concepts and prepare themselves for their financial future, today’s youth need a solid understanding of age-appropriate money management and economics. This is especially important given the fact that financial literacy is not currently a standard component of the K−12 education curriculum in the United States, and thus the responsibility for teaching these skills has fallen to parents, families, and out-of-school-time programs."