Wednesday, April 30, 2008
Why Generation Y is broke - MSN Money
I think this goes a long way toward explaining today's credit problems...
MSN Money's Emma Johnson writes about it:
"And yet stats indicate our generation's financial literacy is abysmal, with personal finances to match. Only 52% of high school seniors passed a recent national financial literacy test, meaning adults entering the work force do not know enough about basic budgeting, interest rates or taxes to make sound decisions for their own lives."
