It's no secret that Indiana ranks fourth among the states in the U.S. for bankruptcy. Accordingly, it has one of the highest home foreclosure rates in the nation as well.
With these recent statistics in mind, it's not surprising that a number of teen students did not pass a financial literacy test issued by the Jump$tart Coalition for Personal Financial Literacy. In fact, 60% failed this basic money skills test.
To read more about the details of this test, including ideas for adults educating children by age group, see the Indiana Youth Institute's (IYI) Spring 2008 issue, entitled "From Birth to Bankruptcy: Teaching Dollars and Sense to Hoosier Kids" at:
http://www.iyi.org/resources/doc/Issue-A...
They even suggest resources, such as board games, books, programs, and websites. (Yes, the board game known as Monopoly is one!)
On the IYI's website, you may find these statistics on kids in Greene County interesting too: http://www.iyi.org/resources/pdf/greene.pdf
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This blog post by Chris Wathen was also published in his Linton, Indiana based Greene County Daily World blog entitled, “Riddle Me This”.
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