Gen Z's Financial Literacy Crisis: Experts Warn of Uncertain Future

As of November 16th, 2025, a concerning trend has emerged regarding the financial literacy of Generation Z. According to a recent study, nearly half (46%) of Americans aged 18 to 27 admit they don't understand cryptocurrency, while a third are unsure about inflation, interest rates, and 8% couldn't correctly identify how many cents are in a dollar.

Experts warn that this lack of financial knowledge could have serious implications for Gen Z's future, especially as the cost of living continues to rise and programs like Social Security face uncertainty. In response, the number of states requiring high school students to complete a personal finance course before graduation has increased from 17 in 2022 to 30 as of this year.

These educational initiatives aim to empower young people with practical money management skills. For example, the Capital One Café Ambassador internship provides students from underserved communities with real-world experience in banking, budgeting, and customer service. Participants like Calique Barnes, now a freshman at Morehouse College, say the program has significantly changed their approach to personal finance, allowing them to advise their families and adapt budgeting strategies to their own needs.

Another program, Intuit for Education, hopes to reach 50 million students by 2030 with free online curriculum and tools focused on financial literacy. Through the Intuit Food Truck Program, students in underserved areas gain hands-on experience running a small business, using QuickBooks to track sales, manage inventory, and make critical decisions that directly impact their success.

As the financial landscape continues to evolve, equipping the next generation with the knowledge and confidence to navigate it will be crucial for their long-term well-being and the stability of the economy as a whole.