2024-12-14 11:00:09
Education
Finance

Bridging the Financial Knowledge Gap Among Young Adults

A recent survey highlights a significant gap in financial knowledge among young adults aged 18 to 30. Despite 91% recognizing the importance of financial literacy, only 6% feel adequately educated on the topic from their schooling.

Over half of the respondents, 52%, express a lack of financial preparedness. To navigate this knowledge void, many turn to modern digital resources, including financial blogs and finfluencers.

While they actively engage in investments like ETFs and cryptocurrencies, there is a clear call for improved financial education to empower this generation in their financial decisions.

t-online
14. Dezember 2024 um 04:04

Young People with Gaps in Financial Knowledge

Finance
Technology
Survey of 1,800 adults, of which 1,001 were aged 18-30 years, shows: Many young people (52%) do not feel financially well prepared; 91% consider financial knowledge to be important, but only 6% learned enough about it in school. They invest in ETFs and crypto, handle banking transactions via smartphone and use digital offerings such as finfluencers (23%), financial blogs (23%) and AI-based assistants (7%) to close knowledge gaps.
tz
14. Dezember 2024 um 04:06

Young people with gaps in financial knowledge

Finance
Technology
Many young people in Germany feel inadequately prepared by school for dealing with finances. Only about half consider their financial knowledge to be good, although most consider it important. To close knowledge gaps, they use digital offerings such as finfluencers and finance blogs.
gmx
14. Dezember 2024 um 04:07

Young people with gaps in financial knowledge

Finance
Technology
According to a survey by Visa and ING among 1,800 adults, of whom 1,001 were from the 18-30 age group, only half of young people feel well-versed in finance, although most consider financial knowledge to be important. Only 6 percent said they had learned enough about finance at school. To close knowledge gaps, Generation Z uses digital offerings such as finfluencers, finance blogs, and information from banks, while AI-based assistants still play a subordinate role.
CW

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