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New research shows how well families prepare kids from piggy banks to portfolios
Summary by The El Paso Editorial Desk Stacker , as published by KVIA ABC-7
· August 21, 2026
· 1 min read
Photo: KVIA ABC-7 · view original
Story provenance No corrections
Summary created by The El Paso Editorial Desk — automated, rule-governed Byline on source page Stacker, as published by KVIA ABC-7 Original story Read at the source Source published Aug 21, 2026 Indexed here Aug 21, 2026 AI assistance Automated summary drawn from the source’s own published text Prepublication human review No — editorial rules, flagged-item review, and published samples
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Key points A significant majority of parents and grandparents hold this view, with 53 percent believing kids are not as equipped to manage money as they were at the same age. Research has been conducted to understand this issue, with a survey of 1,000 parents and grandparents providing insight.
Financial preparedness of children is a concern for many. A significant majority of parents and grandparents hold this view, with 53 percent believing kids are not as equipped to manage money as they were at the same age. Concerns about financial skills are shared across generations.
Research has been conducted to understand this issue, with a survey of 1,000 parents and grandparents providing insight. The results show differences in opinion on how to teach financial skills, such as using investment accounts or allowances.
Further information on this topic is available, including findings from the survey and advice for families.
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KVIA ABC-7 reported and published this story. The El Paso selected it, summarised the key facts above, and links to the original. We did not report this story and we added no reporting of our own to it.
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Category: News Published: August 21, 2026 Source: KVIA ABC-7 Reading time: 1 min
Frequently asked about this story
What is this story about? Financial preparedness of children is a concern for many. A significant majority of parents and grandparents hold this view, with 53 percent believing kids are not as equipped to manage money as they…
When was this published? This article was first published on August 21, 2026 by KVIA ABC-7 and curated for The El Paso readers.
Who reported this story? This story was reported by Stacker at KVIA ABC-7. To learn more about how The El Paso selects and reviews stories, see our editorial standards .
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