Wednesday, April 22, 2009

Recession Promotes Literacy


by David Norton

Recession May Promote Financial Literacy

One potentially positive impact of the current recession is that more families are discussing financial issues and learning from the experience, a new survey suggests.

The 2009 Teens and Personal Finance poll - conducted among young people in Houston, Texas - found that 39 percent of respondents said the economy has become a more common topic of conversation than it once was.


Meanwhile, 21 percent say their parents have begun discussing family finances with them, as a result of the current state of the economy.

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