One Michigan lawmaker would like to see financial literacy become a part of every high school students' education.
State Senator Darwin Booher was a banker for 41 years before he entered the world of politics, so he's seen a lot of people destroy their credit because they didn't understand the basics of finance.
He would like to see every high school student learn the basics of personal finance before they graduate.
"You have to know what your revenues are, and you can't spend more than you take in unless you're going right to the bank and borrow. And it's as simple, just 101. Says heres how much money we have, and you can't spend more than that." Booher said.
Booher sponsored a resolution proclaiming April as "Financial Literacy Month."
And he said his Senate Banking Committee will look at bills requiring finance classes in high school in the coming months.