Investing For Kids: Child's Play On The Web
In conservative families like mine, there were two topics parents didn't discuss in front of the children--and the other one was money. Needless to say, my money skills left something to be desired: I routinely blew most of my allowance and yard-mowing money as soon as I got my hands on it. But judging from recent surveys, I was a financial whiz compared with the current generation: In a 1997 study of how well teenagers grasped simple money concepts, only 5% of the 12th graders polled scored higher than a C. And less than half knew that if workers' wages doubled, their income would double as well.
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