Teen Money Questions: 401(k)s and More!

The video discusses the amusing financial questions teenagers pose to their parents, inspired by social media posts from "The Leighton Show." A key example is a teen asking how many miles a 401(k) is, highlighting a common lack of understanding about retirement accounts and financial concepts. The discussion emphasizes that early twenties are the perfect time to start a 401(k), though many teens are unfamiliar with the concept. Other questions that are brought up include: what is generational wealth and why do we not have it; what is my net worth. These questions show how teens are curious about finances, even if they don't always grasp the basics. The speaker also shares the universality of these questions across the country, noting that parents everywhere receive similar inquiries from their kids, including how to deposit cash using their phone. It emphasizes the need for financial education for teens, which is both a challenge and a source of entertaining anecdotes.