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LAS VEGAS, May 6, 2021 /PRNewswire/ Parents play an important role in preparing their children to reach self-sufficiency and helping them establish a firm financial foundation. Yet, according to the latest National Financial Educators Council s surveys, most parents have not taught their children enough about money to prepare them for adult life.
Between April 28
th and May 4
th, 1,040 respondents from around the country were asked the survey question, Which parent taught you the most about money and personal finance? The proportion of respondents who selected Mother was 23.7% and 22.6% selected Father.
However, although mothers surpassed fathers in teaching personal finance lessons to their children among these survey participants, the top answer was Neither at 53.7%.
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