Question of the Day: What percent of students learn about credit cards before leaving high school?
- If a friend asked you for advice about credit cards, what would you tell them?
- What is the first word that comes to mind when you hear the word “credit card?”
- How have you learned about credit cards?
- When do you anticipate getting a credit card?
Behind the numbers (Credit Cards Explained)
Nearly half of the 2,500 respondents answered they’ve never gotten a proper education on credit cards, an alarming data point given the prevalence and importance of credit in consumers’ lives.
About the Author
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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