In the U.S., nearly 73% of teens want more personal finance education and 86% want to learn how to invest. The biggest barrier they face? Roughly 75% of those surveyed point to a lack of confidence in personal finance knowledge. 1
Every parent has questioned if their child is actually paying attention. Rest assured, our children and grandchildren are listening. 75% of teens in America identify their parents as their most trusted source of financial education. 2
Children who are taught personal finance from a young age are more likely to secure lower-cost loans and grants when it comes to paying for college and less likely to rely on private loans or high-interest credit cards.3
CITATIONS:
1. Zippia.com, August 16, 2023 | Annuity.org, December 7, 2023
2. Annuity.org, December 7, 2023
3. CNBC.com, February 17, 2024
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