Kids Ignore 54% of the Financial Advice Their Parents Give Them — Here Are the Topic Parents Know the Least About Although Americans give their children more than 100 pieces of financial advice each year, new research shows that their expertise is sorely lacking in certain areas.
By David James Edited by Jessica Thomas
The average American parent offers their child 114 pieces of unique financial advice per year, according to new research.
However, parents admit their financial advice isn't always used: Respondents said their child listens only about half (54%) of the time.
A survey of 5,000 American parents — aged 30+ and split evenly by 100 individuals across all 50 states — uncovered this disconnect by asking respondents about the type of financial advice they give their children.
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