FIND/SVP Study Reveals Multicultural Teens Are Serious About Financial Management

Teens, regardless of race, are serious about their financial management with 88 percent focused on saving money they earn or get. Recently revealed as part of a national study by FIND/SVP, the nation’s only single-source provider of customized business research and analysis, this overwhelming majority held true across all races with Asian teens, approximately 93 percent, being most likely to save their money for the future.

FIND/SVP’s study asked 300 teens in September 2005 several questions about their spending habits and opinions regarding various financial products and services. The study was weighted to reflect equal representation among ethnic and age groups. The survey included boys and girls from 14 - 18 years of age among African-American, Caucasian, Hispanic and Asian decent.

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