teenaged boy holding cash (Photo: Shutterstock)

The internet is beginning to rival parents as the main source of financial education for teens. Although more than half say they learned about handling finances from their parents, they also cite various sources including the following:

  • School (47 percent)
  • Social media (35 percent)
  • Online websites and articles (34 percent)

Parents underestimate how much their kids are learning from social media. Only 12 percent believe their teens use social media for financial education.

Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.

  • Critical BenefitsPRO information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.