Financial Literacy Month: Fact or Myth? Financial Literacy skills should be taught at a young age.

Posted on April 25, 2025
4 Pillars of Financial Health (6)

Financial literacy is a lifelong skill that benefits people of all ages, not just adults.

Fact!

  • Kids and teens make financial decisions too. From saving allowance money to understanding the cost of wants vs. needs, early financial habits shape future money management skills.
  • Young adults face major financial choices. College loans, credit cards, and first jobs require knowledge of budgeting, debt management, and investing.
  • Financial habits start early. Studies show that financial behaviors are often set by age seven, making early education critical for long-term success.
  • Without financial literacy, young people are more vulnerable. Poor money management can lead to high debt, financial stress, and difficulty building wealth later in life.
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