According to a 2018 Javelin Strategy & Research study, two-thirds of all identity theft victims are under eight-years of age. According to the same survey, teens are more at risk after a data breach than adults. (Javelin Strategy & Research 2018). Children, teens, and young adults are often left out of conversations on financial literacy, fraud, exploitation, and abuse. Equipping youth and young adults with the knowledge they need to be financially literate is essential in preparing them to become adults and mitigating risks for their future. Ensuring they have the tools and strategies to identify risks and dangers around financial fraud, exploitation, and online scams is an integral part of prevention work. By understanding these risks, adults and allies can support youth with safety planning and building a solid financial foundation.
Learning Objectives:
Identify the risks of financial fraud for youth and young adults
Describe three types of scams and how they impact youth and young adults
Apply at least three types of safety planning and financial literacy strategies to help youth and young adults mitigate risks and increase their financial safety
