The Need for Financial Education in Schools and the Role of AI

Financial literacy is an essential skill for navigating adulthood, yet many U.S. high school students lack access to comprehensive financial education. A recent survey by Intuit found that 85% of U.S. high school students are eager to learn about personal finance in school, but many do not have access to these courses. Furthermore, 95% of students currently receiving financial education find it helpful. Unfortunately, parents may also be reluctant or unequipped to teach their children about financial literacy, exacerbating the gap in knowledge.

The lack of financial education leaves many young people unprepared for managing their money, resulting in poor financial decisions and instability. This gap in education drives young people to seek financial advice from other sources, particularly social media platforms like TikTok and Reddit. Influencers, often referred to as “finfluencers,” offer a wide range of financial tips and strategies, from budgeting to investing. While some of this advice is valuable, much of it is not backed by solid financial principles and can be misleading.

George Kailas, CEO of Prospero.Ai, acknowledges the initial appeal of social media for novice investors but warns of its limitations. “Starting out, social media can be a good resource to dip your toes into the world of investing, but when it comes time to vet the information effectively, things can become challenging.” The challenge lies in distinguishing between reliable advice and mere hype, a task that is particularly difficult for inexperienced investors.

CNBC highlights the risks associated with relying solely on social media for financial advice. Viral trends like “girl math” may simplify financial concepts but can also perpetuate misunderstandings and unrealistic expectations. These trends underscore the need for reliable, data-driven financial education.

AI-driven innovations are emerging as powerful tools to bridge the financial literacy gap. Platforms like are designed to make high-level investment strategies more accessible and effective for retail investors. These tools provide personalized insights and help users make informed decisions, even in the complex world of investing.

“Our approach combines deep industry experience with a strategic focus on where institutions are placing their bets, effectively validating the data. This method ensures that users are not just following trends but are making informed decisions based on where the significant, informed money moves in the market are occurring,” says Kailas. By leveraging AI, platforms like can offer young investors a more reliable foundation for their financial decisions, moving beyond the noise of social media.

The integration of AI in financial education and investment strategies offers several benefits. AI can analyze vast amounts of data to identify patterns and trends, providing users with actionable insights. This capability is particularly valuable in the fast-paced world of investing, where timely information is crucial. Additionally, AI can personalize financial advice based on individual needs and goals, making it more relevant and effective.

Despite the advantages of AI, it is crucial for schools to incorporate comprehensive financial education into their curricula. Teaching students the basics of personal finance, including budgeting, saving, and investing, can equip them with the skills they need to navigate their financial futures confidently. Combining traditional education with advanced tools like AI can provide a balanced approach to financial literacy.

The future of financial education and literacy is likely to be shaped by the integration of technology and traditional learning methods. As AI continues to evolve, it will play an increasingly important role in helping young people understand and manage their finances. By providing accurate, data-driven insights, AI can empower the next generation of investors to make informed, strategic decisions.

While social media offers a starting point for new investors, it is not a substitute for comprehensive, data-driven learning. The gap in financial literacy among high school students underscores the need for better education and reliable tools. Platforms like are leading the way in making high-level investment strategies accessible to all, helping young people navigate the complexities of personal finance. As we look to the future, the challenge will be to integrate technology with traditional education to create a robust financial literacy framework for the next generation.