- Financial literacy is insufficient for the bigger part of the world's population.
- The pandemic democratized the world of finances.
- Younger generations prefer gamified ways to learn about finances.
Financial education is largely absent from public school programs worldwide. But the brave new world of digital money, blockchain, artificial intelligence, virtual reality, and metaverse gaming is changing the status quo.
Generation Alpha, the first digitally native generation born after 2010, often starts to get acquainted with financial topics with digital money.
Two-Thirds Lack Skills in Financial Literacy
Generation Alpha, the kids born in or after 2010, is the youngest generation today. Millions of them are still to be born. However, surveys expect GenAlpha will make up to 11% of the global workforce by 2030.
Experts also predict that "Alpha Kids," the...