In the midst of a global financial crisis, the importance of personal financial literacy is higher than ever. But, recent survey results show that parents are uncomfortable talking about money issues with their children. On the next television broadcast of Teen Connection, a panel of young people and adult experts will discuss ways for teens and parents to improve their understanding of how money works and why it is important to understand finances on a personal level.

A recent survey from ING DIRECT showed that nearly a third of parents are more prepared to talk about alcohol, drugs, dating and sex with their children than money. And, an overwhelming amount of respondents stated their belief that financial education should be taught in schools.

In anticipation of the statewide Money Smart Week, Oct. 10-17, this edition of Teen Connection will explore new ways kids are being educated about handling finances and where they can turn for more information. Segments from the upcoming Educational Communications Board instructional series, “Financial Literacy: Teach It” will be featured on the program. The series will aid teachers in introducing financial literacy in their classrooms.

Sandra Linde, a Fond du Lac High School teacher, and two of her students will appear on the show’s panel. Linde teaches financial management in her classes. She and her students will discuss what they learn in the classroom and the financial issues teens face.

Also appearing on the program will be Ellen Bernards from GreenPath Debt Solutions, a non-profit consumer credit counseling service in Madison. She will discuss the challenges being faced by people who have become overburdened with debt and what lessons can be learned by others to prevent it from happening to them.

Toll-free phone service is provided by Nsight Long Distance.

Host Kathryn Bracho appears courtesy of WBAY-TV/Green Bay.

WPT is a service of the Wisconsin Educational Communications Board and theUniversity of Wisconsin-Extension.