This is an archived article that was published on sltrib.com in 2008, and information in the article may be outdated. It is provided only for personal research purposes and may not be reprinted.

The Senate unanimously passed and sent to the House Wednesday a bill that would teach students how to manage their money.

SB61 sponsored by Sen. Pat Jones, D-Holladay, would infuse finances and economics lessons into other subjects. Students could use a "financial literacy passport" to track their mastery of such things as budgeting, banking and home ownership.

Students completing the passport would receive financial and economic literacy endorsements on their diplomas and designations on their transcripts. - Lisa Schencker