Comments on: are American kids stupid about personal finance?

By: will i am

will i am — Mon, 02 Feb 2009 23:40:42 +0000

High school seniors, on average, answered correctly only 48.3 percent of questions about personal finance and economics ——————– this is sad… because you need to manage your finances well..

By: Bookmarked: Carnivals and Links - May 18 | Student Scrooge

Bookmarked: Carnivals and Links - May 18 | Student Scrooge — Sun, 18 May 2008 22:52:08 +0000

[...] brip blap, Steve takes a closer look at whether American kids are stupid about personal finance -I’ll be honest, I have always registered the news headlines regarding these surveys of high [...]

By: Momma @ Tales From The Road Less Traveled

Momma @ Tales From The Road Less Traveled — Fri, 16 May 2008 15:14:21 +0000

I’ve said it about every other factor in childraising and I think this is no different. You get out of a child what you put in. Some grow in spite of what you put in. Some grow because of what you put in. But they’re all giving back some form of what we put in. Hopefully when my kids are taking those nifty (weighted) tests, they’ll be scoring in the higher smartitude brackets.

By: » Festival of Frugality #125 is up! on the Festival of Frugality

» Festival of Frugality #125 is up! on the Festival of Frugality — Tue, 13 May 2008 12:12:16 +0000

[...] Blap says that American kids maybe aren’t so stupid about personal finance. Best line of the post “some people can’t wrap their minds around simple [...]

By: Friday Finance Findings For April 18th : Generation X Finance

Friday Finance Findings For April 18th : Generation X Finance — Fri, 18 Apr 2008 22:48:07 +0000

[...] Are American Kids Stupid About Personal Finance? – Stupid is a strong word, but brip blap brings up a good point and references a survey that aims to determine whether or not that is the case. What do you think? [...]

By: J in FL

J in FL — Fri, 18 Apr 2008 15:37:41 +0000

Yes, I think it would be beneficial to have a PF 101 type of class for HS students… but let’s not forget, many times school is not the answer. What I mean by that is that it doesn’t work many times… people just don’t want to be educated, that’s part of the problem!

And it’s not just kids… we are all guilty of this at one time or another:
http://www.freemoneyfinance.com/2008/03/why-most-invest.html

By: The Star, Twitter and More Reading | Mortgage Quotes

The Star, Twitter and More Reading | Mortgage Quotes — Fri, 18 Apr 2008 13:08:54 +0000

[...] Brip Blap asks are american kids stupid about personal finance? [...]

By: The Star, Twitter and More Reading | Million Dollar Journey

The Star, Twitter and More Reading | Million Dollar Journey — Fri, 18 Apr 2008 09:30:26 +0000

[...] Brip Blap asks are american kids stupid about personal finance? [...]

By: Emily @ Taking Charge

Emily @ Taking Charge — Thu, 17 Apr 2008 17:59:04 +0000

It is pretty scary. As Bernanke recently said, personal finance has become more complex than ever, and those who aren’t savvy will struggle. Hopefully this brings light to the fact that kids in America are very uneducated when it comes to finances. Why isn’t Personal Finance 101 mandatory in every public high school? I took honors AP economics my senior year of high school and was being taught complicated theories and supply and demand curves. Have I ever used that knowledge again? No. I would have much more greatly benefited from learning how credit cards work, how insurance works, how to file your taxes, etc. Why are we letting our kids learn the hard way instead of simply teaching them in school? Isn’t that the point of school?? Phew, sorry…this subject just gets me all riled up!

By: What kids don’t know about personal finance | financethatauto.com

What kids don’t know about personal finance | financethatauto.com — Wed, 16 Apr 2008 16:02:56 +0000

[...] Steve at brip blap, who posted about the survey results (to read the post, click here) made public by the Federal Reserve last week, thinks there is reason [...]