What is the Status of Financial Literacy for U.S. Teens?

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It also found that U.S. students who hold a bank account performed better in financial literacy by over 20 score points than students of similar socio-economic status who do not have a bank account. PISA is given every three years to 15-year-olds in countries around the world. The Consumer Financial Protection Bureau said teen financial literacy is critical to prepare them for the complex financial choices that they will face as adults.

Study examines financial literacy of US teens – Financial Regulation News

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