In this week's episode of FinCap Friday: Teenagers Making Wagers Yanely dives into some concerning stats regarding teens who gamble. Anytime someone risks something of value in the hopes of winning money—that's gambling! This includes scratch cards, lotteries, bingo, dice and card games, casino games, and most recently online sports betting. With an increasing number of states making online sports betting legal, teens are getting more and more gambling ads on social media, TV and the radio, but nobody is talking about it - not parents, doctors, nor schools. Maybe it's time for that to change? Tune in to hear more about this topic below:

References: 

Growing concern over teens and gambling (Good Morning America)

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Did you know: NGPF has a semester course which includes an entire unit on consumer skills? Check it out here!

About the Authors

Tim Ranzetta

Tim's saving habits started at seven when a neighbor with a broken hip gave him a dog walking job. Her recovery, which took almost a year, resulted in Tim getting to know the bank tellers quite well (and accumulating a savings account balance of over $300!). His recent entrepreneurial adventures have included driving a shredding truck, analyzing executive compensation packages for Fortune 500 companies and helping families make better college financing decisions. After volunteering in 2010 to create and teach a personal finance program at Eastside College Prep in East Palo Alto, Tim saw firsthand the impact of an engaging and activity-based curriculum, which inspired him to start a new non-profit, Next Gen Personal Finance.

Yanely Espinal

Born and raised by Dominican, immigrant parents in Brooklyn, Yanely is a proud product of NYC public schools. She graduated from Fiorello H. LaGuardia High School in 2007 before going on to receive her bachelor's degree at Brown University in 2011. As a Teach For America corps member, Yanely taught third and fourth grade in Canarsie, Brooklyn. She received her master's degree from Relay Graduate School of Education in 2013. She spends her spare time making YouTube videos about personal finance on her channel, MissBeHelpful. Yanely also loves to dance, sew, paint, listen to podcasts, and babysit her 10 nieces and nephews!