DeSantis signs bill promoting financial literacy education in Florida schools

SB 1054 requires high school students to complete a class in money management

Gov. Ron DeSantis talks about financial literacy bill on Tuesday at Wesley Chapel. (Copyright 2022 by WPLG - All rights reserved.)

WESLEY CHAPEL, Fla. – Florida Gov. Ron DeSantis signed an education bill promoting financial literacy education in Florida schools Tuesday in Wesley Chapel.

“What the bill’s doing with financial literacy is really providing a foundation for students that’s going to be applicable in their lives, regardless of what path they take,” DeSantis said.

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The bill, SB 1054, revises the “required credits for a standard high school diploma to include one-half credit of instruction in personal financial literacy and money management.”

DeSantis said this requirement will take effect during the 2023-2024 school year.

“This will be provide a foundation for students to learn about the basics of money management, understanding debt, understanding how to balance a checkbook, understanding the fundamentals of investing,” the governor said.

The governor was joined by Education Commissioner Richard Corcoran and Senate President Wilton Simpson for the news conference at Innovation Preparatory Academy.

About the Author:

Thomas Mates is a digital storyteller for News 6 and He also produces the podcast Florida Foodie. Thomas is originally from Northeastern Pennsylvania and worked in Portland, Oregon before moving to Central Florida in August 2018. He graduated from Temple University with a degree in Journalism in 2010.