Did you have a financial plan in place prior to or during your pregnancy?
Did your parents discuss responsible money management and personal finances with you?
Do you think it’s important to teach kids by including them in family financial planning?
Do you require your kid(s) to use allowance money or their other income to buy their own toys, clothing, or other items?
If you have decided to add a child as an authorized user of one of your credit accounts, why did you decide to do so?
- To teach responsible credit habits (14.26%)
- To provide them with a longer credit history in the future (4.72%)
- For emergencies (8.09%)
- I haven’t opened and don’t plan to open a credit card for my kid(s) (72.93%)
Have you opened, or do you plan to open, a checking/savings account at the bank for your kid(s) to teach them to manage their money responsibly?
In your opinion, where is the best place to teach kids about managing money responsibly?
- In school, through finance classes (16.86%)
- Providing them with articles about personal finance online or in print (1.16%)
- At home, using parental guidance (71%)
- In life, through their own personal experience (10.98%)
Which of the following is the best way for kids to learn about managing money?
- Let them learn from their own money management mistakes (7.13%)
- Teach and guide them through responsible money management (92.87%)
When do you think kids should start learning about good financial habits and spending?
- Pre-K (ages 0-4) (13.20%)
- Grade school (ages 5-11) (61.95%)
- Junior high and high school (ages 12-17) (24.28%)
- College (ages 18 and up) (0.58%)
