Can gamification help teach personal finance?

Every month a new survey seems to come out showing how ignorant most Americans are about both personal finance and the stock market – most recently, 8 in 10 adult respondents answered blank when asked to explain why. what is a bond. while seven out of 10 hesitated with the definition of a hedge fund despite confidently saying they knew it in large numbers.

Amid such a widespread lack of financial and investing knowledge, the internet has long been a go-to place for many to educate themselves – according to results from Investopedia’s annual financial literacy survey, Gen Z are using more and more YouTube (45%) and TikTok (30%) to learn more about investing while millennials research the internet (47%) and YouTube (40%).

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