Teens and Their Money: Financial Literacy for the Younger Set

Study after study suggests Americans need to be smarter about their money and increase their financial literacy — the knowledge and skills to effectively manage their finances.

It’s a pressing enough problem that in June 2013, President Barack Obama signed an Executive Order establishing the President's Advisory Council on Financial Capability for Young Americans, tasking the group to find ways to improve financial literacy within the younger generation, figuring kids are key to building a more financially literate culture.

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