Question of the Day: What percent of teens have started investing?
Many teens know the importance of investing, but how many have already started investing?
Answer: 23%
Questions:
- Have you started investing? Why or why not?
- 36% of teens in the same survey said they felt nervous or clueless about financial topics.
- What factors might contribute to those feelings?
- How might that relate to their investing habits?
- Approximately 40% of people aged 18-29 have started investing. Why do you think that percentage is so much higher?
Click here for the ready-to-go slides for this Question of the Day that you can use in your classroom.
Behind the numbers (Fidelity):
"The majority of teens (75%) age 13-17 say investing is important to them, but fewer than 1 in 4 (23%) have actually started, according to Fidelity’s 2023 Teens & Money Study. The report reveals more than half (51%) of teens feel eager or well-informed when it comes to financial topics like saving, spending, or investing. Despite that enthusiasm, nearly a third (31%) of teens who haven't started investing but plan to in the future believe they're too young to start."
About the Author
Kathryn Dawson
Kathryn (she/her) is excited to join the NGPF team after 9 years of experience in education as a mentor, tutor, and special education teacher. She is a graduate of Cornell University with a degree in policy analysis and management and has a master's degree in education from Brooklyn College. Kathryn is looking forward to bringing her passion for accessibility and educational justice into curriculum design at NGPF. During her free time, Kathryn loves embarking on cooking projects, walking around her Seattle neighborhood with her dog, or lounging in a hammock with a book.
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