7 Stats That Show How Today's Teens Are Making Smart Money Choices
When we read about the state of Americans' finances, it's often nothing but bad news. In fact, as of late last year, an estimated 69% of U.S. adults had less than $1,000 in the bank, while 34% had no money set aside for emergencies at all. And let's not even get into the fact that one-third of Americans have no retirement savings, either.
But despite all the doom and gloom surrounding Americans' money habits, there's a silver lining to be proud of, and it's all thanks to today's youth. TD Ameritrade's 2017 survey on teens and money reveals that despite the public's blundering tendencies, teenagers have a surprisingly good handle on all things finance-related. Here are a few encouraging points of data that the rest of us could stand to learn from.
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Source: Fool.com