Providing youngsters with a comprehensive financial education is a big responsibility that can’t be left solely up to schools and local authorities.Financial literacy is integral to economic growth because many fiscal decisions made by average individuals affect the economy. The last economic crisis partially stemmed from millions of consumers willingly entering into bad financial agreements. More recent declines in household debt show that better financial choices can help an economy prosper. Parents need to instill positive behaviors and fundamental values in their kids that extend to how they handle money. Not all are setting the right example, however. One recent survey found just 59% of adult respondents had savings, and about 25% spend beyond their means. Nationwide, local authorities handle public schooling. But there’s a growing consensus among political leaders that financial education should become a part of the curriculum. Parents need to play a role in supporting that curriculum. Parents should collaborate with schools to help provide their children with financial smarts. At the very least, parents should support state schools and banking institutions that have started financial literacy endeavors, like the American Bankers Association’s “Teach Children to Save” program. Even if they lack the knowledge, parents can still aid in efforts to teach financial literacy and help create a generation of responsible adults.