Teens and their money.


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64% of teens go to their parents or guardians for advice about money.

38% ask family members.

30% get their fiscal recommendations from friends

27% look online resources, such as social media and articles,

to drop pearls of money wisdom.

61% of teens have some type of bank account.

39% save their money in a shoebox, under a mattress, or by some other method.

22% of teens get their cash by earning it at a job.

32% receive spending money by doing chores.

64% rely on gifts for their money.

Source: Junior Achievement

 


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