2024-12-14 11:00:09
Education
Finance
Bridging the Financial Knowledge Gap Among Young Adults
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tz
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
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.
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