Teens transitioning to adulthood without knowing
how to manage money face increased risks of
financial difficulties as adults.
Do teens have a basic level of understanding of
Who should take the lead in teaching teens financial
From whom do teens wish to learn?
Relationship to Organization Leadership
Course of Study
Foster awareness among financial professionals
Active involvement in the solution & demonstrate
Volunteering with Junior Achievement
Volunteering with BCGA
Opportunity to implement teen financial literacy program /
Financial Planning Association of Georgia
Review of Literature
Varcoe, K. P., Martin, A., Devitto, Z., & Go, C. (2005).
Using A Financial Education Curriculum For Teens.
[Article]. Financial Counseling & Planning, 16(1), 63-
HELPING TEENS AVOID RED INK. (2001). Editorial,
Christian Science Monitor, p. 8. Retrieved from
How Marketers Woo Tweenagers. (2006). [Article].
CQ Researcher, 16(20), 468-469.
Methodology & Procedures
Qualitative study relying on surveys directed toward
teens and financial advisors
Hard-copy surveys designed to elicit responses
Familiarity with basic financial concepts
Identify learning preferences
Business opportunity (advisors)
4. My parents talk to me about my family’s finances.
What Teens Say
1. Someone has explained to me what the costs are
of living on my own.
2. Someone has explained to me what the costs are
of owning a car.
3. Someone has explained to me how to balance a
3. What does it mean to balance a checking account?
What Teens Actually Know
1. What are some of the expenses involved with having
your own apartment?
2. What are some of the expenses involved in owning
Out of 75,
Conclusions and Recommendations
1. Risk- teens money-illiterate; parents and
2. Teens – want parents to take lead
3. Financial professionals - suited to train the
4. Parents - learn, do & teach
5. Teachers - learn in order to teach
6. Financial literacy - core high school subject
7. Opportunity - Significant implications for society