10/18/22- Resources to Support Teen Financial Literacy
- October 18 2022
- By: info@njcfe.org
- 0 Comment
Resources to Support Teen Financial Literacy
October 12, 2022 | washingtonformer.com
Tiffany James, 27, started trading two and a half years ago and turned her initial $10,000 investment into $2 million. Today, she burns to pass this knowledge on. She’s the founder of Modern Blk Girl, which started as a room on the app Clubhouse to become an online community with 100,000 followers. As part of Modern Blk Girl, James is reintroducing Teen University, a 30-day course designed to teach 14- to 19-year-olds about investing. Financial literacy rates in America are low, but they are lowest among members of Gen Z. According to a 2021 study by TIAA, on average 50 percent of Americans couldn’t answer more than 50 percent of TIAA’s financial literacy quiz. For Gen Z this jumps to two-thirds, even though Gen Z is more likely than any other generation to have exposure to financial literacy classes.