studies

National Financial Awareness Day Survey: Cash is Still King with Teens When it Comes to Purchases

		 National Financial Awareness Day Survey: Cash is Still King with Teens When it Comes to Purchases

Teens may love technology, but most still rely on cash when it comes to purchases and getting money from mom and dad. In fact, 80 percent of teens who receive money from parents or caregivers say it is in the form of cash and 75 percent of teens say they have made purchases in cash. Despite this, budgeting apps are gaining in popularity.

More than A Third of Teens Don’t Believe they will be Financially Independent from Parents by Age 30

More than A Third of Teens Don’t Believe they will be Financially Independent from Parents by Age 30

A new survey by Junior Achievement (JA) and Citizens Bank shows that 63 percent of teens believe they will be financially independent of their parents by the age of 30, meaning that more than a third of teens surveyed do not hold this belief. The survey is being released in conjunction with Financial Literacy Month, which is April.

JA USA Releases Study that Examines How "Disconnected Youth" Changed between 1970 and 2017

JA USA Releases Study that Examines How "Disconnected Youth" Changed between 1970 and 2017

A new study for Junior Achievement USA by the Population Reference Bureau shows changes from 1970 to 2017 in the characteristics of "disconnected youth," young people between the ages of 16 and 24 who are not employed nor enrolled in school.

SURVEY: 4 out of 5 millennials can't answer basic financial questions

SURVEY: 4 out of 5 millennials can't answer basic financial questions

Do you think you know the basics when it comes to finances? According to a new nationwide survey released today by MassMutual, millennials still have a lot to learn about fundamental personal finance topics such as credit scores, compound interest and investing.