Industry Insight
Young people’s experience of financial education What do young people want to learn more about?
74%
of young people now report having access to financial education in school
Financial products – such as mortgages, pensions, loans and credit cards – along with budgeting and debt management came top, followed closely by tax
56%
of respondents say they’re self-taught – up 12% on last year
say most of their financial understanding and knowledge comes from their parents
15%
What age young people said they would like to learn about money
Under 10
From 10
Reference: www.libf.ac.uk
Only cite school as their main source of financial education – but that’s a 7% increase on last year
11-14
15-18 THE LOOP | MAY 2022
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