April is regarded as Financial Literacy Month. How financially literate are you? Test your financial IQ with the Federal Reserve’s Personal Financial Literacy Quiz.

My classes, reading and listening to podcasts must be sinking in - I only missed two, #13 and #24. How did you do?

This test was given to high schoolers and the mean score was 47.5% (see results). I didn’t expect high schoolers to necessarily score high, given they still have a lot to learn and many personal experiences to have, but 47.5% is still awfully low. The lessons they are learning now will shape how they act in college and their life after. Apparently many are not paying attention to or are missing these lessons. Or maybe they’re not having any lessons at all from parents, teachers or others - who would probably score the same.