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"Merrill Lynch sponsored this survey because we believe, like the Jumpstart Coalition, that more should be done to measure, document and improve youth financial literacy. Yet, when they turn 18, kids are signing contracts for student loans, opening credit card accounts, and in many instances, living away from home with little financial guidance available. Here is the test developed by JumpStart Coalition for Personal Financial Literacy and administered to over 1,000 college students in 2008. The survey revealed that high school seniors don't know much about personal finance. Jumpstart Coalition History; Frequently Asked Questions; Board of Directors; Staff and Consultants; National Partners. (Jumpstart Coalition 2009), ... 6- personal property tax; 7 - land tax. As financial products and choices for America's youth continue to increase, so should the knowledge and learning that enables them to make important life decisions." Jump$tart Website; National Standards in K-12 Personal Finance Education, 3rd Ed As a coalition, it is an organization of organizations that share a commitment to advancing financial literacy among pre-school through college-age youth and working collaboratively toward effective financial education. Promote Financial Literacy. "Merrill Lynch sponsored this survey because we believe, like the Jumpstart Coalition, that more should be done to measure, document and improve youth financial literacy. Consider giving baked goods and crafts to add a personal touch to your gift-giving. While local salaries, wages and lifestyle costs will vary throughout the United States, the internal data used in this calculator are national averages. The Jumpstart Coalition for Personal Financial Literacy is the group that sponsored and tested the financial literacy level of students in the United States. The results will indicate a […] Fill in the choices on the next page to see if you can afford your dream life. The 31-question survey revealed that high school seniors have a lot to learn about personal finance. month’s financial principle. The organization seeks to improve the personal financial literacy of young adults (Jumpstart Coalition for Personal Financial Literacy, 2005). Create a budget and stick to it. The mean score was 62.2%. Coalition Leadership; Coalition of the Year; Financial Educators; What We Do. Become a Partner; Partner Dues; Supporters; State Coalitions. In a global society, it is important to You might be surprised at how much that life will cost. Additional information about the survey can be found at www.jumpstart.org . External links. FLM2020; Hill Day. In a recent survey by JumpStart Coalition for Financial Literacy, only 26 percent of those between the ages of 13-21 said that they had been taught how to manage money. 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