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- 🚀 Issue #18 - Financial Education for Gen Alpha
🚀 Issue #18 - Financial Education for Gen Alpha
(2 min read) Another Billion Dollars industry by 2028. Plus 4 monetization techniques.
It's never too early to learn about money.
But traditional education systems haven't caught up with this reality yet.
With over three-quarters of Gen Alpha having earned money in the past year, using technology to help them do so, the biggest opportunity is to teach them about finances.
How we're changing the game for our youngest learners? Let’s dive in.
Welcome to Trendscape Issue #18 🚀- from today you will always get a FREE Sneak Peek into Trendscape PRO
Today you will learn:
Why it’s important, peppered with some quirky facts (2 min round-up)
FREE Sneak Peek of Trendscape PRO
Who are the top creators and startups leveraging this niche -🎓 PRO
Monetization techniques and case studies -🎓 PRO
Business opportunities, and market gaps for your next big business idea -🎓 PRO
Advanced market signals and projections -🎓 PRO
🚀 How top creators are monetizing this trend?
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🚀🚀 Why it’s important (peppered with quirky facts)
It's never too early to learn about money.
And since modern school systems still need to provide the average person with sufficient knowledge about the world of investing and making money, future generations will turn to alternative education sources.
It is best to start learning about finance as early as possible, according to Financial Times’ experts.
Since the education system is not created with financial learning in mind, companies are planning to step in as an alternative source of information.
Given Gen Alpha's young age, the gamified learning method will be the most engaging approach, since its effectiveness has been proven in studies.
And let’s talk numbers, frauds wiped out billions of dollars ($2.6 in 2022 alone). This underlines why a great financial education has never been as important as it is today.
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Monetization tactics:
GoHenry - https://www.gohenry.com/
They offer a comprehensive financial education platform for kids, including a prepaid debit card, educational "Money Missions," customizable savings goals, advanced teen features, and extensive parental controls.
The company made $42 million in revenue in 2021. GoHenry uses a subscription-based model, with £3.99 per month for the Everyday plan and £4.99 for the Plus plan.
Market size and future Projections:
Microlearning will be part of school-aged kids’ educational programs. This market was estimated at $1.5 billion in 2022, and it is anticipated to reach USD 4207.92 million by 2028.
Biz Opportunities:
AR and VR are not yet fully explored in this space, which could help children become more engaged in financial education.
How will you capitalize on it?
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To a future shaped by your creativity and vision!
Stay inspired!
Fab
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