Promoting Financial Wisdom Among Youth
Mark Olazagasti, the founder and CEO of YourMoney101, dedicates himself to advancing financial wellness, focusing especially on those without access to conventional financial education. Witnessing firsthand the struggles with personal finance among various groups, Olazagasti stresses the importance of addressing this issue from the ground up, starting with the youngest in our communities. He advocates for early and consistent financial education to prepare the youth for the economic realities they will face as adults.
A New Legislative Effort in Delaware
Mark Olazagasti
The drive to improve financial literacy has led to significant legislative efforts in Delaware, highlighted by the introduction of House Bill 203, known as “The Equity and Inclusion in Financial Literacy for All High School Students in Delaware Act.” Introduced by State Rep. Jeff Hilovsky, this bill mandates a financial literacy course for all high school students beginning with the 2025-2026 academic year. Olazagasti passionately supports this initiative, recognizing its potential to profoundly impact the financial capabilities of young Delawareans.
The Importance of Financial Education in Schools
With research supporting the benefits of financial literacy education, such as improved credit scores and reduced debt among those educated early in personal finance, the need for such programs is clear. Currently, Delaware lacks a requirement for its students to undertake financial literacy, a gap House Bill 203 aims to fill by institutionalizing such education. Olazagasti encourages everyone to support this bill, underscoring the role high-quality financial education plays in securing the economic future of the state’s youth. He invites the community to learn more and get involved by visiting HouseBill203.org, emphasizing that collective action can equip Delaware’s students with crucial life skills.