Why do young adults not know about financial education? by Christopher Rodriguez https://padlet.com/10064391/z5ijilw4morr3f6l en-us 2022-10-26 20:39:08 UTC 2022-11-18 22:35:06 UTC hello@padlet.com Main idea-There´s no financial education 10064391 https://padlet.com/10064391/z5ijilw4morr3f6l/wish/2369161538
 75% of teens lack confidence in their knowledge of personal finance.
 41% of teens don’t know what a 401(k)

]]> 2022-11-03 21:38:22 UTC https://padlet.com/10064391/z5ijilw4morr3f6l/wish/2369161538 Main Ideas- People going into debt 10064391 https://padlet.com/10064391/z5ijilw4morr3f6l/wish/2369162117 Evidence-more than 64 million Americans carry credit card debt. 
Student loan debt: $39,487

Average credit card debt: $5,221
These are statistics of people in debt and averges of people.]]> 2022-11-03 21:38:49 UTC https://padlet.com/10064391/z5ijilw4morr3f6l/wish/2369162117 Main Idea-No knowledge of how to use the credit score to your advantage 10064391 https://padlet.com/10064391/z5ijilw4morr3f6l/wish/2369162696  32% of teens don’t know the difference between a credit card and a debit card.

]]> 2022-11-03 21:39:48 UTC https://padlet.com/10064391/z5ijilw4morr3f6l/wish/2369162696 solution-to NO FINANCIAL EDUCATION. 10064391 https://padlet.com/10064391/z5ijilw4morr3f6l/wish/2375790723 Schools are able to offer classes for financial education. More learning options for younger audiences. ]]> 2022-11-08 22:48:22 UTC https://padlet.com/10064391/z5ijilw4morr3f6l/wish/2375790723 solution- to people going into debt 10064391 https://padlet.com/10064391/z5ijilw4morr3f6l/wish/2379361864 ways to not get into debt is just be financially smart do not go out and buy materialistic things You would not need only buying essential for yourself or family. Another thing I would say is NOT ALL DEBT IS BAD yes if anyone could learn to use the debt to its advantage just like all billionaires use it.]]> 2022-11-10 22:35:13 UTC https://padlet.com/10064391/z5ijilw4morr3f6l/wish/2379361864 Solution- to being to use your credit score 10064391 https://padlet.com/10064391/z5ijilw4morr3f6l/wish/2379369943 At the age of 15-18, you hear so much about these credit cards thinking there is just unlimited money on a piece of plastic. I did go into more debt to learn about credit cards/ debit cards and the difference between the two. There are many levels of credit due to having good credit or bad credit. An example could be if a person with an 800 credit score walks into a dealership and go and finance any car they wanted because their having 800 credit shows that they are reliable and the dealership can trust them. However, someone with a 300 credit score couldn't because their credit is just too bad. They can still finance a car but with higher interest rates]]> 2022-11-10 22:47:03 UTC https://padlet.com/10064391/z5ijilw4morr3f6l/wish/2379369943 resources 10064391 https://padlet.com/10064391/z5ijilw4morr3f6l/wish/2379376464 2022-11-10 22:57:37 UTC https://padlet.com/10064391/z5ijilw4morr3f6l/wish/2379376464