They Can Scroll All Day But Can’t Manage Money
By Brecca Stoll
Published on April 30, 2026.
The Treasury Department is working to address financial illiteracy, particularly among younger Americans, following data revealing that over two-thirds of Gen Z cannot answer half the questions on the nation's Personal Finance Index. The department has launched Trump Accounts for children, a program that teaches them about financial literacy and allows them to follow their accounts through an interactive mobile app. The initiative was part of a celebration of Financial Literacy Month. Over 5 million children have reportedly been enrolled in the program.
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