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Poll: Mothers worry their children are unprepared for jobs, finances

A poll says mothers worry that their children are unprepared for jobs and dealing with financial matters.
(Susana Gonzalez / Bloomberg)

Nearly half of American mothers think their children are unprepared to get a job and one-third say their kids aren’t ready to live on their own, according to a new study.

The study by the McGraw-Hill Federal Credit Union found that 49% of mothers say their children aren’t ready to get a job, while 44% say their progeny aren’t prepared to finance their college educations.

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One-third of mothers say their children are “not at all prepared” to save money or live on their own, according to the study.

The study polled 300 mothers.

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Overall, the study indicates that mothers are worried about their children’s financial futures.

Though the economy is a key factor, the poll respondents worried that their children do not know enough about finances to make well-informed decisions about such matters as they enter adulthood.

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Follow Walter Hamilton on Twitter @LATwalter


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