
About This Book
According to a recent survey of teen attitudes about money conducted by the Charles Schwab Corporation, most teens want to learn about budgeting, saving, avoiding debt, and achieving financial independence. Efforts to reach these goals are often thwarted, however, because young adults are unfamiliar with the tools used in money management and they lack hands-on experience.
Fewer than one in four teens reported knowing how to use a credit card responsibly, only one in three understood the financial decisions made by their parents, and a mere 14 percent reported any involvement in the process of bill paying or other tasks related to managing their family’s household finances.
Fewer than one in four teens reported knowing how to use a credit card responsibly, only one in three understood the financial decisions made by their parents, and a mere 14 percent reported any involvement in the process of bill paying or other tasks related to managing their family’s household finances.
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