Adulting — Survey

Survey - 18 to 24-Year-Olds

I took out a survey on PollFish to find out more about those between the ages of 18-24 in the United States. It was only 200 people so it's not statistically significant.

The main reason I wanted to do this is to better understand that demographic's financial situation. What their plans and goals are for the future. What their base knowledge is for finance and what they wanted to learn more about.

The requirements were that they were between the ages of 18 - 24 and had graduated from high school. Here are the results.

Q: Did you know what you wanted to do after high school?

Age

18

19

20

21

22

23

24

Total

I knew what I wanted to do next.

15

10

17

37

24

8

9

120

I still don't know what I want to do.

5

10

9

9

5

3

6

47

No, I got help from a guidance/career counselor.

-

2

4

10

4

5

4

29

Other

-

1

-

-

1

2

-

4

Total

20

23

30

56

34

18

19

200

Q: What are you currently doing?

Age

18

19

20

21

22

23

24

Total

Going to Community College or University

8

7

14

24

8

3

4

68

Going to Trade School

2

2

1

5

2

-

1

13

Going to Boot Camp

-

1

1

1

1

-

-

4

Working

9

7

11

18

18

9

8

80

Taking a Break

1

5

2

8

5

4

7

32

Other

-

1

-

-

-

1

1

3

Total

20

23

30

56

34

18

19

200


Q: What is your living situation?

Age

18

19

20

21

22

23

24

Total

Living with parents or other family members

14

14

14

25

13

6

9

95

Living in Dorm

3

1

4

8

4

2

1

23

Renting by Myself

1

4

5

13

11

5

7

46

Renting with Roommates

2

4

6

9

5

4

1

31

Other

-

-

1

1

1

1

1

5

Total

20

23

30

56

34

18

19

200


Q: How do you get around?

Age

18

19

20

21

22

23

24

Total

I own a car/motorcycle outright (no payments)

11

10

12

19

18

8

6

84

I own a car/motorcycle but still make payments

3

4

5

13

12

7

6

50

I take public transportation

6

4

8

21

2

1

3

46

Walk or Bicycle

-

-

-

1

1

-

-

2

Other

-

5

4

3

1

2

4

19

Total

20

23

29

57

34

18

19

200


Q: Do you plan to (check all that apply) in the future?

Age

18

19

20

21

22

23

24

Total

Get higher education or additional training

14

17

25

38

17

10

7

128

Buy a car/truck/motorcycle

13

16

16

27

14

6

9

101

Buy a home

13

15

25

39

17

11

11

131

Get married

8

12

14

30

15

10

9

98

Have children

8

10

13

32

11

7

6

87

Other

-

-

-

2

2

1

1

6


Q: Do you already know the following (check all that apply)?

Age

18

19

20

21

22

23

24

Total

How to open/manage a checking & savings account

16

18

21

33

25

9

10

132

How to open/manage credit card(s)

14

12

17

28

16

10

7

104

How to manage a monthly budget

10

10

17

27

17

7

5

93

How to open/participate in 401k

6

2

8

17

7

2

4

46

How to open/participate in ROTH IRA

1

2

2

13

4

3

3

28

How to open/participate in Traditional IRA

2

4

4

13

6

2

3

34

How to Invest in Bonds, Index Funds, Mutual Funds, Individual Stocks

6

3

4

13

11

3

5

45

How to invest in general

6

5

11

23

11

5

6

67


Q: Do you wish to learn more about any of the topics below (check all that apply)?

Age

18

19

20

21

22

23

24

Total

How to open/manage a checking & savings account

8

6

11

21

16

4

2

68

How to open/manage credit card(s)

5

7

12

21

12

7

5

69

How to manage a monthly budget

9

13

9

23

8

6

7

75

How to open/participate in 401k

10

15

12

23

11

4

9

84

How to open/participate in Traditional IRA

11

10

10

23

4

2

4

64

How to Invest in Bonds, Index Funds, Mutual Funds, Individual Stocks

8

13

9

25

7

6

6

74

How to invest in general

14

13

18

23

11

4

5

88

Other

1

-

-

-

2

-

-

3

None of the above

1

1

4

11

2

3

6

28



Q: Would you be interested in playing an online game that simulates real-life choices, while teaching you about personal finance & investing?

Age

18

19

20

21

22

23

24

Total

Yes

17

20

23

46

28

12

13

159

No

3

3

7

10

6

6

6

41

Total

20

23

29

57

34

18

19

200



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