FARMERS BRANCH, Texas (4/22/08)--Texas Credit Union Foundation (TCUF) Director Courtney Nickles addressed the importance of financial education and the role credit unions play in empowering young people to make smarter financial choices Monday on ‘Good Morning Texas.’ Sharon Moore, City CU, Dallas, also appeared on the show to discuss financial education. The National Endowment for Financial Education (NEFE) High School Financial Planning Program (HSFPP) educates young people on critical money matters such as savings, budgeting and investing, Nickles told viewers (LoneStar Leaguer April 21). “Excessive spending and irresponsible management of our money is a learned behavior,” Nickles said. “If we want to break the cycle, we must change behavior. It’s really important that we educate our youth at a very young age on how to effectively manage their finances. Get them saving early and explain to them how to open a savings account at a credit union.” Nickles said more young people file for bankruptcy than graduate from college. She also stressed the growing importance of financial knowledge in the younger generation today.