Most young people have little confidence in their money management skills and want to learn more, according to a national survey commissioned by Phoenix Home Life Mutual Insurance Co.

In the telephone survey of 1,176 people 12 to 22 years old, 20% said they were "very good" at managing money, and 13% said they were "not good" at it. The interviews were conducted in June and July by Yankelovich Partners Inc. of Norwalk Conn., which sampled households where at least one parent earns $45,000 a year or more.

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