Studies have shown that financially educated students are less likely to accumulate credit card debt. They are also more likely to apply for and receive financial aid should they need it.

A small minority of American students were required to take at least one semester of personal finance in high school. Few parents ever talk to their kids about money and money-related topics such as saving and budgeting. How, then, could we expect any improvement in the situation?

Financial literacy, access and education have been a pillar of Vested's values since its inception. The way adults perceive and interact with money often stems from their experiences as a child; something our CEO Daniel P. Simon discusses candidly in the author's note of his book, The Money Hackers. In an effort to help parents begin conversations about money with their kids at an early age, Vested put together The ABCs of Finance. The children's book not only brings awareness to financial literacy, but also provides a starting point for parents to have discussions with their children about financial education.