http://freakonomics.blogs.nytimes.com/2009/10/19/financial-illiteracy-among-the-young/
Stephen Dubner, from his Freakonomics blog, points to a study showing my generation to be financially illiterate.
Through my peer-reviewed, purely anecdotal data, this seems to be correct. It's partly because thinking rationally about finance is not intuitive. Even worse, the math involved makes it a hassle for someone trying to compute it correctly.
I remember through my training class for securities licenses, many of us had difficulty with the concepts involved.
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