Research shows taking a financial education class in high school does pay off.
"Let's not leave financial education to TikTok," she said.
Let's not leave financial education to TikTok.
Yanely Espinal director of educational outreach at Next GenMany studies also show there is a strong connection between financial literacy and financial well-being.
In addition, a study by the Brookings Institution in 2018 found that teenage financial literacy is positively correlated with asset accumulation and net worth by age 25.
Persons:
dem Rosenberg, dem Rosenberg Bernhard Gademann, It's, Gademann, Tim Ranzetta, Yanely Espinal, Espinal, Let's, Yanely, Christiana Stoddard, Carly Urban
Organizations:
dem, Finance, Research, Tyton Partners, CNBC, Financial Wellness, National Endowment, Financial Education, Financial, Investor Education Foundation, Brookings Institution
Locations:
St . Gallen, Switzerland