The state’s new mandate gives students a foundation in money management, credit, borrowing, and other financial matters before they leave high school.

The requirement calls for a one-semester course to be in place by fall 2027. Students will study 13 areas of personal finance, covering subjects that can influence their finances long after graduation.

Chime breaks down contribution limits, withdrawal conditions, and tax treatment variations depending on usage and eligibility, helping users distinguish between general savings accounts and purpose-specific instruments.