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Financially illiterate teens will grow up to be financially illiterate adults
literacy911
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8-27-2009 8:47 AM
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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/962b21be-27f6-4a52-a1e1-7144d2beee87/9571AC9E-04B6-4A7C-B532-21FAE3120746/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.baltimoresun.com/business/bal-teen-paychecks-0824,0,477198.story" href="http://www.baltimoresun.com/business/bal-teen-paychecks-0824,0,477198.story" style="font-size: 11px;">www.baltimoresun.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.baltimoresun.com/business/bal-teen-paychecks-0824,0,477198.story"><DIV> "Financially illiterate teens will grow up to be financially illiterate adults," said David Bruzzese, co-author with Josh Holmberg of "The Teen's Guide to Personal Finance." The duo, who also visit schools to talk about money issues, wrote the book after learning from the mistakes they made. "Part of the economic crisis that we're seeing today is a result of the fact that people like Josh and I grew up with no financial education," Bruzzese said.</DIV></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.baltimoresun.com/business/bal-teen-paychecks-0824,0,477198.story"><DIV> Teens look first to their parents for financial lessons. But parents can often find it difficult to even broach the subject. "It's kind of like having the sex talk. Nobody likes to talk about their finances," said Jack Koskowski, president of Junior Achievement USA, which sponsors student financial literacy programs. If there's a silver lining to the economic cloud that has swept over the U.S., he said, it's that both adults and children are trying to learn more about handling money.</DIV></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;"> </td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/9571AC9E-04B6-4A7C-B532-21FAE3120746/blog/" title="blog or email this clip"><img src="http://content9.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>
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