How To Help Your Teenager Borrow The Right Amount of Money For School
The U.S doesn’t have the greatest track record for prioritizing financial literacy, especially for children. A financial literacy study for young adults found that young people didn’t grasp basic financial concepts like budgeting, how stocks and bonds work, interest, taxes, and more. On the 31-question test, the average score for high school students was only 48.3%, and college students didn’t fare much better at 62.2%. These numbers, unfortunately, make sense since many states don’t require [...]