At what age do you think people should start learning about wealth and money?
is the average age to start
How do people learn about wealth and money? You may be surprised. We surveyed 1,054 Canadians with average investable assets of $3.8 million. Our research reveals that, while financial lessons typically begin with family, most people learn about money matters on their own.
- Financial guidance begins later than you might expect, at age 26
- 57% of respondents seek out knowledgeable individuals to help improve their financial literacy
- Financial education is guided by family, but it’s not the most effective method