5/15/2013
Only one in three girls ages 8-17 knows what a credit score is (38%) or how credit card interest and fees work (37%), according to Girl Scouts of the USA. Four in 10 (40%) don’t know how to use a credit card. A little more than one in 10 (12%) feel confident to make financial decisions.
However, 90% of tween and teen girls say it is important for them to learn how to manage their money. A similar percentage (88%) say it is likely they will make more money than their parents.
A majority of teen and tween girls say it’s likely they will have careers that they enjoy (98%), be able to provide for their families (96%), and will own their own homes (95%).
Nearly three in four girls say both men and women are equally likely to be financially responsible (73%) or to be in a lot of debt (72%).
SOURCE: Girl Scouts of the USA, Joshua Ackley, 420 5th Ave., New York, NY 10018; 212-852-8038; jackley@girlscouts.org; www.girlscouts.org.
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