Florida Gov. Ron DeSantis speaks at the Conservative Political Action Conference (CPAC) in Orlando, Florida, on Feb. 24, 2022.Florida Gov. Ron DeSantis speaks at the Conservative Political Action Conference (CPAC) in Orlando, Florida, on Feb. 24, 2022.

Florida is the largest state to require a financial literacy course for high school graduation.

On Tuesday, the governor of Florida signed a bill. The legislation was passed by both the House of Representatives and the Senate.

The financial literacy bill is providing a foundation for students regardless of their path in life, said the congressman during a Tuesday press event.

Students entering ninth grade in the year 2024) will have to take a half-credit course in personal finance if they want to graduate.

If you live in one of the 5 states, your income tax bill may be cheaper.

Whether our students choose to go to one of our great colleges or universities, do a trade or apprenticeship program, a career in the arts or the military, every student deserves to be equipped with the education and knowledge to succeed financially in our society.

A trend of personal finance education

Florida is the latest state to include personal finance education for students.

The world of money is changing so fast, if we don't help our students keep up, the next generation is going to repeat cycles of a lack of financial literacy.

There are 54 personal finance education bills pending in 26 states. The nonprofit considers the gold standard of personal finance education to be at least seven states requiring students to take a stand-alone personal finance course to graduate.