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? asked in Business & FinancePersonal Finance · 1 decade ago

HEY TEENS! How much do you know about Money?

I'm curious what the "average American teen" knows about money. For instance-

Do you know what Compound Interest and how it works?

Do you know what a 401k or a Roth IRA is?

Do your parents teach you about money and how to manage your budget? Or do your parents never talk about it?

Any other facts you wish to share.

1 Answer

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  • Rinkydink
    Lv 7
    1 decade ago

    Great question. However, I'll bet you don't get many responses based on some of the questions I see posted here. Unfortunately it appears teens aren't taught basic money skills. High Schools should cover the topics in your question but it doesn't appear they do.

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