So tell us, what’s new?
Last month, the FINRA Foundation published two studies to shed light on saving and investing in the United States and beyond:
- The Foundation and CFA Institute released Gen Z and Investing: Social Media, Crypto, FOMO, and Family, a report examining the investing attitudes and behaviors of young adults ages 18 to 25 in the U.S. and selected other countries worldwide. Among other results, the study finds that a staggering 56 percent of U.S. Gen Zs are already investing.
- Another recent study published by the Foundation, this time with FiCycle and NORC at the University of Chicago, shows that adults with high mathematics and financial knowledge report more positive financial actions and fewer negative ones than those with high knowledge in only one (or neither) domain.
On the education front, the FINRA Foundation and the American Library Association are now accepting applications for Thinking Money for Kids v2.0, a multimedia kit containing everything a public library needs for delivering fun and engaging financial literacy experiences for children ages 3 to 12. The deadline to apply is September 8.
This opportunity follows close on the heels of the recently completed nationwide tour of the ALA-FINRA Foundation Thinking Money for Kids exhibition. Make sure to read the new report by Knology (a social science research firm), which shares findings from its independent evaluation of the exhibition. And if you’re looking to upgrade your school library’s personal finance collections for emerging readers, check out Thinking Money for All Kids: Diverse and Inclusive Reads to Teach Young People about Money.
What’s the impact this has had/or you hope it will have on moving financial literacy forward?
Our research provides information about the financial education needs of a diverse U.S population — including those of a new generation entering the financial markets in unprecedented numbers.
For financial education to be effective, it must reach those who need it most. Our partnership with the American Library Association has long enabled authentic learning experiences to prepare young people in diverse communities for a lifetime of consequential financial decisions. |
