Group 1 - Increasing number of parents are utilizing digital tools to teach children about earning, spending, and saving money responsibly [1] - Apps like Acorns Early and Greenlight are reshaping family financial management, with Greenlight reporting that kids and teens managed over $2 billion in 2024 [2][3] - Major players in the market, including Greenlight, Acorns, and FamZoo, have seen significant user growth since 2020, indicating a demand for modern financial education tools [3] Group 2 - Financial literacy apps provide long-term benefits, as research shows early money management habits positively influence adult financial behavior [4] - A 2023 report from Champlain College indicates that high school students who took financial literacy courses maintained better credit scores and financial habits into adulthood [5] - A 2020 study found that young adults with financial literacy education were 40% less likely to fall behind on credit card payments and had credit scores 25 points higher than their peers [6]