U.S.
15-year-olds understand some common principles of money management and
can make simple financial plans and solve "routine" problems related to
budgeting, according to the latest results of an international financial
literacy assessment. But results of the 2018 Program for International
Student Assessment in financial literacy — conducted in 20 countries —
shows they're not as skilled at interpreting complex documents, such as
bank statements or looking at the long-range consequences of financial
decisions.
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