Financial literacy in teens.

摘要

Modern conveniences such as electronic banking and credit cards come with a cost, which is that our children are removed from exercises such as budgeting, paying with cash, getting change, and paying tax. The purpose of this study was to increase students' awareness of financial topics such as saving, spending, budgeting, the cost of borrowing, long and short term investing, and consideration of wants versus needs. The results showed that students were only superficially aware of these topics, but after exposure to the subject matter and exercises, they were both enthusiastic and concerned about being financially literate and responsible in the future.