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Financial Literacy Statistics - 2021 Flashcards | StudBud
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Financial Literacy Statistics - 2021
Financial Literacy Statistics - 2021
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1
What percent of teens can't identify the difference between a credit card and a debit card?
27%
47%
52%
32%
2
What percent of Americans don't have emergency savings?
47%
21%
33%
42%
3
What percent of teens lack a foundation in basic financial skills?
12%
32%
22%
42%
4
What percent of parents feel uncomfortable talking to kids about money?
59%
49%
69%
79%
5
Teens spent an average of _________ in 2020.
$2,150
$1,268
$735
$920
6
What percentage of parents wish they learned more about money as a kid?
78%
72%
80%
75%
7
What percent of teens don't feel confident about their financial education?
74%
62%
55%
81%
8
What percent of teens don't know what a 401(K) is?
57%
51%
46%
62%