Are Our Teens Money Smart?

I found this recently released study to be very interesting. What do you think? The Nation’s Report Card: Economics 2006 reports on the economic literacy of America’s twelfth-graders. Student knowledge was measured in three areas: market economy, national economy and international economy. Findings include:

• The average score was set at 150, with 79 percent of students performing at or above the Basic level.
• Male students, on average, scored higher than female students.
• White and Asian/Pacific Islander students scored higher, on average, than other racial/ethnic groups.
• 87 percent of students reported studying some economics in high school.

Related Resources:

• Give an Allowance That Includes Financial Responsibility
• Five First-rate Opportunities to Talk Money Sense with Your Teen
• The Motley Fool Investment Guide for Teens