About Kids Today
Today's kids have grown up in an era of relative economic prosperity. As a result, they –
It seems the answer is no one. Jump$tart Coalition for Personal Financial Literacy measures the nation's 12th graders' knowledge of personal finance. Since 1997, the overwhelming majority of students have failed the test. Yet with each passing year, kids are breaking spending records.
If not you, who?
Our kids can tell us all about the "latest" and the "hottest" in the marketplace. They are steeped in advertising. Yet research shows that they know very little about handling money. For example, huge numbers of the nation's kids don't know they should pay more than the required minimum on their credit card balance.
If kids carry such habits into adulthood, they are going to be making mistakes that have serious long-term consequences. It falls to parents to educate their kids. Use the pages in this section to find out how.