Question of the Day: What percent of Gen Z use mobile banking apps?
While the answer isn't surprising, it truly shows the importance of mobile tools for our students!
Answer: 99% of Gen Z use mobile banking apps
Questions:
- Are there any mobile banking apps that you use? What tools do you find most helpful?
- How has using a mobile banking app influenced how you spend money?
- If you could give one pro tip to a friend about mobile banking apps, what would you recommend?
Behind the numbers (CNBC):
"It comes as no surprise that millennials and Gen Z are the two groups who are using mobile banking apps the most. The study found that 99% of Gen Z and 98% of millennials use a mobile banking app for a wide range of tasks, including viewing account balances, checking their credit score and depositing a check. Gen X and Boomers use mobile banking apps less (86.5% and 69.5%, respectively), but the ones who do are still in the majority."
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Support your students' use of mobile banking apps through NGPF's Online and Mobile Banking lesson!
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About the Author
Mason Butts
After graduating from UCLA with a Master's in Education, Mason spent 5 years as a science educator in a South Los Angeles public high school. He is committed to supporting the holistic growth of all students and empowering them to live a life of relational, academic, and financial success. Now settled in the Bay Area, Mason enjoys facilitating professional developments and partnering with educators as they prepare students for a bright financial future. When Mason is not building curriculum or planning a training, he can be found cycling, trying new foods, and exploring the outdoors.
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