“Many young consumers have lost cash to scams... a quarter of people ages 18 to 34 admitted to losing money in a scam in the past six months. Other research suggests that more than 40% of recent fraud victims are in their 20s and 30s.”
Recently, my Trophy Wife and I participated in a real world math and reality discussion with our grandkids (8 and 10 going on 30) during a dinner at their home.
Our Son, their Dad led the real world math discussion and our DIL, their Mother lead the reality discussions re no free lunches and if it sounds too good to be true, it is, discussions.
My wife and I were amazed at how both grandkids really got into the math and how to avoid scams.
We were asked to tell about people, we knew, who got scammed or flunked a serious life event due to poor math skills. Our DIL had several email copies of scams or where the email sender was trying to scam those who got the emails. Both kids read the emails and other copies and asked good questions.
Afterwards, our grand daughter told her grandmother, that now she has doubts about the tooth fairy and the Easter Bunny. My wife used our standard answer to these serious questions, “You need to discuss that with your Mom and Dad in private without your younger brother!”
“You need to discuss that with your Mom and Dad in private without your younger brother!”
Excellent advice.
A quarter of young adults? In the last six months alone? That’s hard for me to believe. Seems like another ginned up panic survey.