A recent survey shows that young adults looking back on their life as high school students prefer money management over more math and science, and wish that they had studied more about personal finance.
1100 young men and women were surveyed to find out what high school courses would have most benefited their lives. They were asked to choose from money management, more math, more biology and chemistry, and more history and government. More than half of the respondents said they believe that learning about managing money would have the most value to them.
Co-sponsors of the survey were the National Financial Educators Council (NFEC), DreamCatcher Wealth Management, and The Minerva Foundation.
The survey goal was to measure the opinions of young people about the value of personal finance education compared to other coursework.
The survey also found that urban responders who earn between $50,000 and $74,000 annually were more likely to choose money management than those who earned less.