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Are You More Financially Literate Than A 15-Year-Old?

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When it comes to basic understanding of financial skills, American teenagers are, well, downright mediocre among their international peers.

The Organization for Economic Cooperation and Development this week released its findings from a survey of students in 18 countries that tested their performance in financial literacy, mathematics and reading skills.

Students in the U.S. scored 492 points, coming in just below the 500-point average and ninth overall. But they were well below students in Shanghai, China, who averaged 603 points. Colombian students rounded out the bottom of the ranking with an average test score of 379. Students were measured on a scale from 326 points to more than 625.

So, how do you stack up?

via Are You More Financially Literate Than A 15-Year-Old? – Real Time Economics – WSJ.

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WE ARE THE AWARD-WINNING PUBLISHING DIVISION OF 360° NATION —PRESENTING OUR LIFE, CULTURE, AND BIZ MULTIMEDIA DIGEST AS A HUB OF CREATIVE EXPRESSION AND PERSONAL GROWTH. WITH AN EMPHASIS ON ACTION, OUR VAST GLOBAL CONTRIBUTOR COMMUNITY EMPOWERS PEOPLE TO TRANSITION FROM KNOWING WHAT TO DO TO ACTUALLY DOING IT —ALL COMPLEMENTED BY SYNDICATION RELATIONSHIPS WITH A CHOICE GROUP OF EQUALLY INNOVATIVE MEDIA OUTLETS. TODAY AND EVERY DAY, WE SIMPLY DELIVER THE VERY BEST INSIGHTS, INTELLIGENCE, AND INSPIRATION AVAILABLE ANYWHERE —DOING IT OUR WAY BY PLACING OUR WRITERS AND OUR AUDIENCE AT THE FOREFRONT. IT'S MAGICAL. IT'S EVERGREEN. AND QUITE FRANKLY, IT'S JUST GOOD STUFF. PERIOD.

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