Kids and Money: Two Special Reports
When it comes to financial literacy, today’s graduates fail to make the grade. Asked about basic financial concepts, high school seniors correctly answered only 48 percent of the questions, down from 52 percent in 2006, according to the Jump$tart Coalition’s recent survey on financial literacy.
This is an appalling fact. Most kids don’t know how to manage money. Period. It’s about time we taught them, isn’t it?