Why is it after 12 years of school (well 13 if you count kindergarten), most Americans cannot Balance a Checkbook? The answer is because the majority of schools do not teach this basic financial literacy skill at school. Unless you were fortunate enough to have a parent show you how, or you perhaps learned how to do it in college, you are probably relying on the balance your bank gives you at the moment you inquire (either online, at the ATM, or over the phone).
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