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New National Survey Reveals Teens Are Not Financially Ready for Future

New National Survey Reveals Teens Are Not Financially Ready for Future

Majority of Parents Don’t Think Their Teens Understand Personal Finances, Aren’t Confident They’ll Make Smart Financial Decisions

New National Survey Reveals Teens Are Not Financially Ready for Future
National Survey Reveals Teens Are Not Financially Prepared for Future
A new survey by Wired Research and Jazmarc Services reveals that parents do not believe their teens understand personal finances, are smart with their money, or will make smart financial decisions in the future.


NEW YORK, June 27, 2024 (Newswire.com)
–
Teens are ready to start enjoying their summer vacation, and that means that most parents will be footing the bill for their kids’ fun-filled activities. But before they reach for their wallets, parents might want to consider taking this opportunity to teach their teens about financial management. According to a new national survey[1], when it comes to understanding finances, teens need all the help they can get.

Data from the study conducted by global research company Wired Research and commissioned by Jazmarc Services, which reached more than 1,000 U.S. parents of teens ages 14-18, highlights that teens are anything but financially prepared to navigate their future. In fact, if they had to rate their teens’ financial preparedness, only 18% of parents think their teens are extremely prepared.

The new survey results are part of the inaugural 2024 Teen Financial Readiness Report, a deep dive into how financially prepared today’s teens really are. Key takeaways include:

  • Parents believe their child’s financial know-how should start at home: 
    • 98% feel responsible for teaching their teens about managing their finances
    • 97% think one of the greatest gifts they can give their teens is the tools to make smart financial decisions
  • Parents doubt their teens; financial preparedness: 
    • 7 in 10 (70%) aren’t extremely confident their teens understand personal finances
    • 2 in 3 (63%) aren’t completely convinced that as their teens get older they’ll make smart financial decisions
  • Financial conversations aren’t a focal point:  A majority of parents have not had a conversation about:
    • Selecting insurance to protect their financial future (83%)
    • Investing money (67%)
    • Financially planning for unexpected life events (62%)

According to Danielle Sherman, founder and CEO of Wired Research, “This research comes at a time when states across the country are making personal finance coursework a critical part of high-school graduation requirements and our research validates why this is so important.”   

Joshua Marcus, founder of Jazmarc Services, agrees.  He says, “The research highlights just how financially underprepared teens are to enter adulthood. The data clearly underscores that there is still so much parents want to teach their teens so they will be ready to face whatever financial challenges come their way.” 

For more information about the research and to get a copy of the 2024 Teen Financial Readiness Report, visit Jazmarc Services at www.jazmarcllc.com where you can create an account and download it. Alternatively, reach out to Wired Research at [email protected].

[1] An online survey conducted by Wired Research in April 2024 among 1,024 U.S. parents of teens 

Contact Information:

Danielle Sherman

Founder & CEO

[email protected]

718.490.6012

Original Source:

New National Survey Reveals Teens Are Not Financially Ready for Future

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Miami Swim Week 2024 Powered By Art Hearts Fashion

Miami Swim Week 2024 Powered By Art Hearts Fashion

Miami Swim Week 2024 Powered By Art Hearts FashionMiami Swim Week Powered By Art Hearts Fashion 2024 dazzled with a blend of style, trends, and unforgettable moments. Celebrating Memorial Day weekend, Art Hearts Fashion kicked off the festivities with Miami Model Week, featuring model castings, pool parties, networking events, and after-parties. On Saturday, May 25, models gathered at Fabel Miami, followed by an […]

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Dr. Lara Devgan Launches Creative Collagen Cocktail in Partnership With American Bar

Dr. Lara Devgan Launches Creative Collagen Cocktail in Partnership With American Bar

The world-renowned plastic surgeon serves the upscale tables of American Bar with her aesthetic expertise.

Dr. Lara Devgan Launches Creative Collagen Cocktail in Partnership With American Bar
Dr. Devgan’s Dorian Gray now available at American Bar
Tabletop at American Bar in Greenwich Village, with Dr. Devgan’s Collagen Booster Hearts


NEW YORK, June 7, 2024 (Newswire.com)
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Dr. Devgan Scientific Beauty, in partnership with American Bar, is pleased to announce the cheeky and collagen-infused cocktail, Dr. Devgan’s Dorian Gray. Named for Oscar Wilde’s complicated protagonist who stays young and beautiful while his portrait ages, Dr. Devgan’s Dorian Gray is a nod to how the zeitgeist is approaching modern beauty: with moderation. 

Exclusive to the iconic Greenwich Village restaurant American Bar best known for its hamburgers and fries, Dr. Devgan’s Dorian Gray references both her renowned plastic surgery practice and her skincare line. Stimulating a youthful glow without selling the soul, Dr. Devgan and American Bar are fusing fruity notes with a garnish of Dr. Devgan’s proprietary collagen nutraceutical, Collagen Booster Hearts.

Collagen Booster Hearts are made with a unique plant-based formulation of collagen, D-biotin, and calcium. After age 20, the body’s collagen production slows down and with it, the skin’s elasticity, hydration, and turgor. These heart-shaped gummy vitamins can help promote the body’s collagen and hyaluronic acid production, thereby supporting healthy radiant skin.

Scientific Beauty’s Collagen Booster Hearts are available at major retailers, including Nordstrom, Revolve, Saks, Net-a-Porter, Moda Operandi, Equinox Health Clubs and Hotels, and at Dr. Devgan’s flagship location on the Upper East Side of Manhattan. The Hearts are vegan, nut-free, kosher friendly, halal friendly, and made in the United States.

Dr. Devgan’s Dorian Gray is available exclusively at American Bar in Greenwich Village at 33 Greenwich Ave, New York, NY 10014.

About Dr. Devgan Scientific Beauty

Seeking the pinnacle of scientific advancement in skincare, celebrated plastic surgeon Dr. Lara Devgan presents her meticulously curated line, acclaimed by Vogue, Harper’s Bazaar, The New York Times, Forbes, and more: Dr. Devgan Scientific Beauty. Fusing luxury with scientifically proven ingredients, Dr. Devgan’s award-winning formulations promise tangible results, earning the trust of medical professionals, editors, and users alike. Drawing upon her expertise, Scientific Beauty endeavors to seamlessly integrate surgical values and aesthetic expertise with a skincare line, offering users access to clinically validated ingredients. It’s clean, medical-grade beauty.

About American Bar

American Bar is an homage to the country’s culinary classics, offering timeless Continental cuisine to a room with the sensibility, design, and community of an old-world European club, featuring a brass-rail cocktail lounge, terrazzo bar, sunshine yellow dining room, and curtained-off private dining area. American Bar draws on travels to private members’ clubs like Mark’s and Harry’s Bar in London and Stateside institutions including Chasen’s, Mortimer’s, and Swifty’s to create a restaurant that exudes clubbiness without exclusivity.

Contact Information:

Daniel Huskey

Press

[email protected]

2124522400

Original Source:

Dr. Lara Devgan Launches Creative Collagen Cocktail in Partnership With American Bar

The post Dr. Lara Devgan Launches Creative Collagen Cocktail in Partnership With American Bar first appeared on RSVTV news.

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