The Case for Personal Financial Education in Schools: Part 7


Millennials Don’t Seek Professional Financial Help

Although the majority of Millennials have inadequate financial knowledge, they are not consulting financial professionals to compensate for that deficit.


Case in point:


• Only 27% had sought professional financial advice on savings and investments within the past five years


• Only 12% had sought professional advice on debt management.


If Millennials don’t ask for help, their financial problems could extend or worsen in the future.


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