Teens Need Money Skills!
anonymous
August 8 2006, 20:31:12 UTC
I’m declaring a state of emergency on Financial Literacy! The numbers speak for themselves. Last year more students filed for bankruptcy than graduated from college and teens admit to spending 98% of what they make instead of saving it. Our society has created a self-serving, entitled generation that expects more for less.
In the US, every 7 seconds someone across America drops out of school (that’s over 1 million students every year). Translation-only 53% of all high school seniors graduate from high school and the one third that do graduate do not have the skills to do anything other than minimum wage work. Today the U.S. ranks 24th in the world in math, the average college student graduated with over $19,000 in debt, and the average in credit card debt is $2,700.
Parents need to prepare their children for the reality ahead and need to lead by example because financial accountability takes years of discipline and hard work. And if you don’t teach your children or grandchildren anything-teach them that. Coming September 1st Money Made Simple. Stay Tuned.
In the US, every 7 seconds someone across America drops out of school (that’s over 1 million students every year). Translation-only 53% of all high school seniors graduate from high school and the one third that do graduate do not have the skills to do anything other than minimum wage work. Today the U.S. ranks 24th in the world in math, the average college student graduated with over $19,000 in debt, and the average in credit card debt is $2,700.
Parents need to prepare their children for the reality ahead and need to lead by example because financial accountability takes years of discipline and hard work. And if you don’t teach your children or grandchildren anything-teach them that. Coming September 1st Money Made Simple. Stay Tuned.
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