US EditionThe Importance of Financial Literacy for Young Adults
Summary by Priority1 Wealth Management
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The Importance of Financial Literacy for Young Adults
Facing complex financial decisions, often without adequate knowledge, can be challenging for anyone, but particularly for young people. A recent government study found that 49% of 18-25 year olds lacked the confidence to make financial decisions, while 94% aged 14-17 believed that understanding money-management is crucial. Though schools play an educational role around money in daily life, lessons don’t include fundamental financial concepts suc…
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