Dec 14, 2016

Question: What Percentage of Millennials Write Checks?

This one surprised me. Maybe we should continue to teach check-writing after all!

Answer (from Qualtrics survey): 42%

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Obviously, millennials also need to know how to manage mobile banking also. The good news is that have activities and projects that develop old-school banking skills (e.g., writing checks) and digital banking skills (e.g. managing an online account). Here’s a comprehensive list of resources to engage your students.

 

About the Author

Tim Ranzetta

Tim's saving habits started at seven when a neighbor with a broken hip gave him a dog walking job. Her recovery, which took almost a year, resulted in Tim getting to know the bank tellers quite well (and accumulating a savings account balance of over $300!). His recent entrepreneurial adventures have included driving a shredding truck, analyzing executive compensation packages for Fortune 500 companies and helping families make better college financing decisions. After volunteering in 2010 to create and teach a personal finance program at Eastside College Prep in East Palo Alto, Tim saw firsthand the impact of an engaging and activity-based curriculum, which inspired him to start a new non-profit, Next Gen Personal Finance.

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