During my tele-seminar that I had on Tuesday, one of the areas that I discussed was making sure that you have basic financial literacy and a full understanding of all of the financial agreements and accounts that you currently have. One way to test your financial literacy is to take this financial literacy test that I found on SavingAdvice.com. The test was given to High School Seniors in 2006. The average score of the high school seniors was 52.4%. I took the test and I got 93% of the questions right. The average score of people taking the test is 70%. If your score is closer to the high school seniors that perhaps you might want to read a little more about finances.




Lack of real financial education in HS is a huge problem. How can we expect to have a financial responsible society if we just toss kids into the deep end with credit cards as soon as they hit college without first teaching them to swim.
Posted by: Keith Lauren | June 23, 2008 at 06:10 PM