Categories
Personal Finance

Can Gamification Help Teach Personal Finance?

Each month, a new survey seems to come out showing just how woefully unaware most Americans are when it comes to both personal finance and the stock market — most recently, 8 out of 10 adult respondents drew a blank when asked to explain what a bond is while seven in 10 faltered with the definition of a hedge fund despite confidently saying that they knew it in high numbers.

Amid such a widespread lack of financial and investing literacy, the internet has long been a primary place for many to educate themselves — according to the results of Investopedia’s annual Financial Literacy survey, Generation Z use increasingly use YouTube (45%) and TikTok (30 %) to learn about investing while millennials go for internet searches (47%) and YouTube (40%).

.

Leave a Reply

Your email address will not be published.