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2h ago

Survey: Social Media Is Filling Argentina’s Financial Education Void for Youth, With Elevated Fraud Risk

With school lessons largely absent, IPSOS–Santander finds young respondents facing frequent scams.

Muchos reels sobre invertir, pocos sobre ahorrar. El riesgo de aprender finanzas en las redes.
Según un informe, 1 de cada 3 jóvenes aprende sobre dinero en redes y 1 de cada 4 fue víctima de fraude
El fenómeno atraviesa fronteras, pero a nivel local cobra especial relevancia.
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Overview

  • One in three Argentines aged 16–24 now learn about money from influencers or platforms, according to a 20,000-respondent, 10-country study.
  • Seven in ten reported attempted digital scams, and nearly one in four said they were successfully defrauded online.
  • Although 61% claim financial knowledge, only 11% feel truly informed, and just 27% in Argentina answered a basic inflation question correctly.
  • Schools provided no finance instruction for 86% of respondents, with cost (44%) and lack of time (31%) cited as barriers to formal training.
  • Nine in ten see banks as key to financial education, and Santander points to workshops, digital materials, and anti-fraud programs targeting youth and seniors.