Teens Test Their Financial Knowledge

In the Miami Herald, April 6, 2006, Benjamin Tobias was quoted in the article Teens Test Their Financial Knowledge by Niala Boodhoo. A quiz conducted by the Federal Reserve taken by high school seniors revealed young people’s lack of financial knowledge. Ben agreed with the assessment and provided that a good way to learn is living within a budget. However, he charged, “That’s just not taught by so many indulgent parents.”