The Associated Press

RALEIGH,
N.C. (AP) - A North Carolina children's advocacy group says students
need to be taught basic financial concepts in school if the state is to
establish a stable, strong economy.

Action for Children plans to increase its campaign for financial
literacy with a report on Thursday. The group's report says about a
quarter of North Carolina households do not have a savings account.

The group supports legislation in the General Assembly that would
create a Financial Literacy Council that would coordinate financial
education within public schools and identify programs that reach people
outside the public school system.

The aim is to improve the knowledge people have about navigating the complex financial marketplace.