Personal finance becomes the newest ‘adulting’ lesson for high schoolers
How did your country report this? Share your view in the comments.
Introduction:
The news topic “Personal finance becomes the newest ‘adulting’ lesson for high schoolers” has drawn international attention, with various media outlets providing diverse insights, historical context, political stances, and on-the-ground developments. Below is a curated overview of how different countries and media organizations have covered this topic recently.
Quick Summary:
- There’s a new generation of young investors on the scene just as a financial contagion is spreading. Having at least a basic understanding of personal finance is a crucial lesson for those just starting out. There is an economic benefit of roughly $100,000 per student from completing a one-semester class in personal finance, according to a 2024 report by consulting firm Tyton Partners and Next Gen. “Teaching students about the financial markets is the greatest asset for building wealth,” says Next Gen’s director of educational outreach. “As we start to see more and more young people investing, that number is only going to increase,” says Tim Ranzetta, co-founder and CEO of Next Gen Personal Finance.
- The average American scores 46% on a basic quiz about financial literacy. Only 29% of Americans in our survey reported taking a personal finance course in high school. Missouri, Utah and Virginia have the best ratings for their K-12 personal finance curricula. If you’re curious about your financial literacy, FINRA has a seven-question quiz about savings accounts, compound interest and investments to assess yourFinancial Literacy. Read on to learn how financial illiteracy could be affecting your wallet and how you can improve your financial wellness with choices such as paying debt down and building an emergency fund in a high-yield savings account. The MarketWatch Guides team analyzed data from the Financial Industry Regulatory Authority, the Nation’s Report Card and our survey of 1,000 Americans to explore financial literacy in the U.S.
Country-by-Country Breakdown:
Taking one personal finance class in high school has a lifetime benefit of roughly $100,000
There’s a new generation of young investors on the scene just as a financial contagion is spreading. Having at least a basic understanding of personal finance is a crucial lesson for those just starting out. There is an economic benefit of roughly $100,000 per student from completing a one-semester class in personal finance, according to a 2024 report by consulting firm Tyton Partners and Next Gen. “Teaching students about the financial markets is the greatest asset for building wealth,” says Next Gen’s director of educational outreach. “As we start to see more and more young people investing, that number is only going to increase,” says Tim Ranzetta, co-founder and CEO of Next Gen Personal Finance. Read full article
Financial Literacy Statistics: How Financially Literate Are Americans?
The average American scores 46% on a basic quiz about financial literacy. Only 29% of Americans in our survey reported taking a personal finance course in high school. Missouri, Utah and Virginia have the best ratings for their K-12 personal finance curricula. If you’re curious about your financial literacy, FINRA has a seven-question quiz about savings accounts, compound interest and investments to assess yourFinancial Literacy. Read on to learn how financial illiteracy could be affecting your wallet and how you can improve your financial wellness with choices such as paying debt down and building an emergency fund in a high-yield savings account. The MarketWatch Guides team analyzed data from the Financial Industry Regulatory Authority, the Nation’s Report Card and our survey of 1,000 Americans to explore financial literacy in the U.S. Read full article
Global Perspectives Summary:
Global media portray this story through varied cultural, economic, and political filters. While some focus on geopolitical ramifications, others highlight local impacts and human stories. Some nations frame the story around diplomatic tensions and international relations, while others examine domestic implications, public sentiment, or humanitarian concerns. This diversity of coverage reflects how national perspectives, media freedom, and journalistic priorities influence what the public learns about global events.
How did your country report this? Share your view in the comments.
Sources:
- Taking one personal finance class in high school has a lifetime benefit of roughly $100,000
- Financial Literacy Statistics: How Financially Literate Are Americans?
Source: https://www.msn.com/en-us/money/personalfinance/personal-finance-becomes-the-newest-adulting-lesson-for-high-schoolers/ar-AA1Eyxi8?ocid