According to a survey, teens predict they’ll be better off financially than their parents, despite not knowing the basis of how to manage money.
That finding from a recent Junior Achievement/Allstate Foundation survey prompted the development of a financial literacy course parents can share with their teens. Junior Achievement USA President says that the course focuses on basics like how to put together a personal budget and ways to save money for the future.
The surevy also showed that 74% of teens thought they should get a credit card by 21, most said they don’t know how to use credit wisely.
I guess the survey lets parents know that we need to talk to our kids more about spending wisely, especially in these economic times. What do you think?
