Nine in 10 students act on AI money advice but only a third check it first: TD survey
Respondents pointed to mental health at 42 percent, ability to focus on studies at 31 percent, grades at 29 percent, and sleep at 27 percent.
Nearly one in four students, or 23 percent, said they do not know how to build and maintain a personal budget, per the TD findings.
Joe Moghaizel, vice president of everyday advice journey at TD, said students face “growing financial pressures,” from everyday costs to balancing school, work, and social commitments.
The money habits formed during post-secondary years can help students manage current realities and shape their decisions long after graduation, Moghaizel said.
TD reported that 89 percent of students want to learn more about investing, covering the basics, different strategies, and options for smaller budgets, while 53 percent are not currently invested.
