A lack of financial literacy is causing a wave of anxiety in millennials today – millennials who weren’t educated from a young age about the worth of saving and spending and how to best manage themselves financially.

An American survey published in 2015 depicts this cyclical nature of financial stress for those of a millennial age. Those individuals who in the survey showed concern over their finances, similarly had anxiety about other areas of their lives.

The statistics speak for themselves with 65% of millennials depicting concern regarding emotional wellbeing, 55% over leisure activities and 42% even having concerns for their own personal health.

This anxiety could of course been easily resolved, or at least limited, given that the millennials as kids were given the kind of financial literacy education necessary to reduce this negative, anxiety-causing impact. 

We at Kebloom want to ensure that the young people of today do not face the same extent of anxiety once in adulthood due to these reasons.

So, how do we intend to solve this?

Our community platform is one that teaches kids the worth and value of money from a young age – giving them a chance to develop and acquire skills previously not targeted by school curriculums.

In this way young people are more prepared to take on tomorrow, today.

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