Research

Parents' perspectives on youth financial education

A national survey of 1,000 K-12 parents finds 74% would likely switch schools for one that offers financial education.

Two students researching investments on a laptop
Two students researching investments on a laptop

The SIFMA Foundation and Wakefield Research surveyed 1,000 parents of K-12 students in September 2024 about financial education in schools.

Key findings

  • 74% would likely enroll their children in a different school if it offered financial education courses
  • 92% agree it's critical that their children learn to invest
  • 78% are not completely confident teaching investing basics at home
  • 88% agree financial education in schools is critical to eliminating economic inequalities
  • 76% believe children should start learning about finances before high school
Financial competence is an essential skill that lays the foundation for a secure and prosperous future.Melanie Mortimer, President, SIFMA Foundation

Only one in five parents gave their child's school district an A grade for financial education. The findings support bringing programs like The Stock Market Game into more classrooms, starting in the elementary grades.

Original release: stockmarketgame.org/PR/parent_survey_release.pdf ↗

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