Connecticut Gov. Ned Lamont pushes for more financial literacy education in schools

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Connecticut Gov. Ned Lamont pushes for more financial literacy education in schools
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'Today we want people to have the basic skills they need to live.'

Half of the country now has state laws that require financial literacy for high schoolers, teaching them the ins and outs of balancing a checkbook, opening a bank account and more.

Lamont, who pushed for the program in his state last year, spoke with ABC News Live's Linsey Davis Tuesday about the issue.ABC NEWS LIVE: So give us a sense, one year later: Has the requirement made a big difference? LAMONT: I think what is necessary to live in the 21st century should be a requirement. And we've been teaching economics, as I joked, a variety of different ways over the last 100 years. But making it relevant to people's lives makes education come to life, and that's what we're trying to do.

LAMONT: I think it makes pretty good sense. If you want to give us another year to see how it works out and how we're really making things happen, then come to Connecticut. We'll tell you what we got right and what we got to work on.ABC NEWS LIVE: As governor of a state, you've pushed for regulation of social media in our classrooms, talking about the distraction it poses to children.

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