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Some schools are starting to provide this training. Charles H. Flowers High School in Maryland has a financial education program designed to give young people money skills to last a lifetime. Students in the classes deal with numbers, but they are not studying math. They learn basic, important information about finances, with their teacher Camilla Pea. She says it can change their future. Some of the most important lessons are how to save money and how to make better financial decisions. In her class, Ms. Pea teaches students how to set priorities, or how to decide what is important. They learn how to make better decisions about money. That, of course, is not always easy. Camilla Pea teaches her students about the financial mistakes many adults make. These are mistakes that can create a lot of debt. Some people do not balance a checkbook, but these students learn how to do that. Another mistake has to do with credit. The students learn that paying only the minimum on a credit card will only increase their debt. Most of her students now are able to recognize and avoid such traps. Ms. Pea also advises her students to ask their parents how much they make and how they spend it. She says this helps make financial knowledge become part of their everyday life.
