April isn’t just about the bunny — it’s about the money, too. During this year’s Financial Literacy Month, an observance created by Money Management International, Americans across the country focus on what they can do to travel the path of financial wellness and better stabilize their overall financial position via education. In the spirit of expanding those mental money horizons, GOBankingRates asked more than 5,000 Americans to share what they learned about money and finances while they still were in school.
Take a deep dive into what they had to say — and you might just learn a tip or two yourself.
Americans Wish Budgeting and Investing Were Taught in School
In the survey, GOBankingRates asked Americans: “What’s the No. 1 thing you wish you learned during school when it comes to money?” Respondents could choose from the following answer choices:
– How credit cards, loans, interest rates work
– How taxes work/how to file taxes
– How to create and stick to a budget
– How to invest in the stock market
– Importance of credit score/building credit
– Retirement accounts & saving (IRAs, 401ks)
Overall, more than 44 percent of those polled responded that they wish they had learned more about budgeting and investing while they were in school. Regardless of age, roughly 20 to 24 percent of respondents were left wanting to know more about investing in the stock market, while about 18 to 25 percent wanted more knowledge about budgeting. This applies across genders, too, with male and female respondents offering strikingly similar results for budgeting.