If you’re a parent, your teen has probably already told you how much they know and how much you don’t know. Here are a few statistics we’ve pulled together from different surveys of teens nationwide. The numbers may surprise you (then again, maybe they won’t!).
Did you know that 60% of surveyed teens say they know the difference between a credit and debit card, but only 31% say they understand how credit card fees and interest work?
Did you know that 77% of teens claim they know about money management, saving and investing; yet only 38% admit they know how to establish good credit?
Did you know that teens view “Cost of College” as the most talked about subject with their parents? “Clean Your Room” and “Drugs and Alcohol” come in at 2nd and 3rd place.
Did you know more teens would rather talk to their parents about investing money than their future choices of careers?