Research shows millennials need experience, not just education, in finance
Friday, June 5, 2015 - 05:30
in Psychology & Sociology
When the time comes for parents to hand the car keys to their teenager for the first solo drive, they've likely spent many hours in the passenger's seat, teaching about the rules of the road and applying those lessons in real life. In today's society, however, young people often take the wheel of their financial lives with little to no formal education or hands-on experience. And the financial consequences of lack of education and experience can be just as dangerous.