Do You Know More About Personal Finance Than This High Schooler?

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• 00:00

  Okay, here we go.

• 00:02

  It's time for the final round of the 16th Annual National Personal Finance Challenge.

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  The only point where we really felt confident, oh, like, oh, we got this,

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  we're going to win, was at the, like, last two questions on the final quiz ball.

• 00:24

  It was very intense, very stressful, but... I think we all really enjoyed that kind of intensity.

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  That's Caleb Lee.

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  He's 17 years old,

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  and he was part of a four-person team of students from Scripps Ranch High School in San Diego,

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  who recently won the Council of Economic Education's National Personal Finance Challenge.

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  That means that he knows more about personal finance than a lot of adults.

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  Here's your money briefing for Wednesday, June 18th.

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  I'm Oyen Adedoyen for The Wall Street Journal.

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  How much do you think you know about personal finance?

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  We recently published two quizzes that put our readers' understanding of things like retirement accounts and investing terms to the test.

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  The questions came from a challenge posed to high school students like Caleb Lee.

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  Caleb, what sparked your initial interest in personal finance?

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  And when did you decide to take that extra step and actually compete?

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  So I would definitely say my initial interest in finance came from my dad.

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  My first savings, he helped me invest that into stocks like ETFs, index funds.

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  And he also just overall talks about his experience with retirement accounts,

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