- 93 percent of high school students who took a class on personal finance or money management said they were more likely to save.
- 59 percent of young people, ages 18 to 21, pay their bills on time every month.
- 1/3 of high school seniors say they’re “very confident” in their ability to manage their own personal finances.
- 18 percent of teens say they’ve learned about money management from their friends.
- 77 percent of teens consider themselves “super savers.” The average teen reportedly has $966 in saving.
- 52 percent of teens have a savings account. 42 percent have an ATM/Debit Card. 33 percent have a checking account.
- Most college students say they learned personal finance from their parents, but less than half of students said their parents make a consistent effort to teach them.
- 3 out of 4 college students say they made mistakes with their money when they first got to school.
- Students graduating from high schools in states that require personal finance classes have higher savings rates.
- 49 percent of teens say they’d like to learn more about money management.
- According to a 2010 survey from American Express, 1 in 5 children has indicated to a parent that “maybe we shouldn’t buy that due to the recession.”
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Sources: Jump Start, National Financial Educators Council, Charles Schwab,
