Close Close
Popular Financial Topics Discover relevant content from across the suite of ALM legal publications From the Industry More content from ThinkAdvisor and select sponsors Investment Advisor Issue Gallery Read digital editions of Investment Advisor Magazine Tax Facts Get clear, current, and reliable answers to pressing tax questions
Luminaries Awards

Financial Planning > College Planning > Saving for College

Most Teens Say They Save

Your article was successfully shared with the contacts you provided.

NU Online News Service, April 3, 1:35 p.m. – Most teen-agers are already trying to save money, according to results of a new survey released by the National Consumers League, Washington.

Researchers found that about 90% of 506 teens surveyed are saving money, and that 62% say they get most of their money from working.

Researchers also found that 58% of the teens plan to plan to get their first credit cards before they graduate from college. But 10% intend to wait to apply when they get their first jobs out of school, and 8% say they will wait until they are 21.

The survey results are based on a national telephone survey conducted by Opinion Research Corp., Princeton, N.J., Feb. 14-19.

The National Consumers League is backed by a foundation affiliated with the Bank of America Corp., Charlotte, N.C.


© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.