Our survey for Greenlight was recently highlighted in an article discussing the financial literacy of teenagers in the US. The study was conducted from March 18 and March 20, 2022, among 1,096 respondents, split between teens ages 13-18 and parents of 13-18 year old’s. The vast majority of both teenage (93%) and adult (97%) respondents expressed that they need financial knowledge and skills to achieve their life goals. Jennifer Seitz, Certified Financial Education Instructor (CFEI) and Educational Content Lead at Greenlight had this to say on the topic “Parents and teens alike know the importance of financial knowledge and skills, yet there continues to be a gap in financial literacy among youth. Teens today score an average of 64% on the National Financial Literacy Test, well below the passing grade of 70%, and at Greenlight, we’re focused on teaching kids and teens the money skills they need to be financially confident and independent for their futures”.

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