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Teens Financial Knowledge Still Dismal

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    Teens Financial Knowledge Still Dismal

    They say money talks, but it seems young people in this country are not listening very well. The financial know-how of high school seniors is "dismal but improving," said Lewis Mandell, a professor of finance and managerial economics at the University of Buffalo School of Management, who conducted and analyzed the results of a nationwide survey on the subject.

    On average, 12th-graders answered only 52.3% of questions about personal finance and economics correctly. Still, that was better than the 50.2% in the previous survey in 2002 and 51.9% in 2000...
    [ Read More at usatoday.com ]
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