Sep 25, 2018

Question of the Day: How do 13-17 year olds learn about personal finance?

Answer: 

Questions:

  • What have your parents/guardians taught you about money? Are there any specific lessons that stand out? 
  • What are some real-world experiences that you have had where you learned valuable lessons about money? 
  • Lots of people have opinions/attitudes/beliefs about money. How can you tell whether advice you are receiving is good advice? 

Here's the ready-to-go slides for this Question of the Day that you can use in your classroom.

Behind the numbers (TransUnion research)

The teens of Generation Z are now old enough that they have a general understanding of money. They’re learning fast — mostly from parents or guardians, school classes and real-world purchases. Traditional and social media play a part in teens’ education, but not as much as guidance from people they trust and hands-on experience.

About the Author

Tim Ranzetta

Tim's saving habits started at seven when a neighbor with a broken hip gave him a dog walking job. Her recovery, which took almost a year, resulted in Tim getting to know the bank tellers quite well (and accumulating a savings account balance of over $300!). His recent entrepreneurial adventures have included driving a shredding truck, analyzing executive compensation packages for Fortune 500 companies and helping families make better college financing decisions. After volunteering in 2010 to create and teach a personal finance program at Eastside College Prep in East Palo Alto, Tim saw firsthand the impact of an engaging and activity-based curriculum, which inspired him to start a new non-profit, Next Gen Personal Finance.

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