Do parents give good financial advice to their kids
The average American parent offers their child 114 pieces of unique financial advice per year, according to new research.
However, parents admit their financial advice isn’t always used: respondents said their child listens only about half (54%) of the time.
A survey of 5,000 American parents — aged 30+ and split evenly by 100 individuals across all 50 states — uncovered this disconnect by asking respondents about the type of financial advice they give their children.
In the survey conducted by Talker Research on behalf of the international money app Wise, the findings showed that parents’ confidence levels vary in the advice they’re giving to their child.
However, parents admit their financial advice isn’t always used: respondents said their child listens only about half (54%) of the time.
A survey of 5,000 American parents — aged 30+ and split evenly by 100 individuals across all 50 states — uncovered this disconnect by asking respondents about the type of financial advice they give their children.
In the survey conducted by Talker Research on behalf of the international money app Wise, the findings showed that parents’ confidence levels vary in the advice they’re giving to their child.
Category
😹
FunTranscript
00:00Thanks for joining us, we'll be right back.
00:30Thanks for joining us, we'll be right back.
01:00Thanks for joining us, we'll be right back.