WSJ Your Money Briefing Do You Know More About Personal Finance Than This High Schooler?
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Jun 18, 2025 A thrilling high school competition showcases students excelling in personal finance, raising eyebrows about adult financial literacy. Insights reveal a generational gap in knowledge and the urgent need for better financial education in schools. One student's enlightening journey underscores the role of family and community in fostering financial understanding. Quizzes tailored for adults shine a light on surprising disparities, highlighting the importance of resources and support in bridging the knowledge gap.
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Caleb Lee's Finance Journey
- Caleb Lee developed an interest in personal finance through his dad and early financial camps.
- His friend Ryan encouraged him to compete in the National Personal Finance Challenge.
Smart Study Methods for Finance
- Split financial topics among team members to study effectively for finance competitions.
- Use resources like Investopedia and consult knowledgeable financial professionals for help.
Financial Literacy Gap
- Many adults lack basic financial knowledge that high school students possess.
- Financial literacy is universally relevant regardless of one's career path.