What’s the Cost Of Financial Ignorance For Young People? Or Why Personal Finance Should Be Required for Graduation!
Answer: $795 Million ANNUALLY in checking fees
- You could buy 2 fidget spinners for EVERY American and still some money left over with that amount that young people pay in banking fees
Here were the two key takeaways based on recent research from NerdWallet (spoiler alert: It’s all about the overdraft fees):