According to the 2011 Teens and Money Surveyreleased by Charles Schwab & Co, 9 out of 10 teens say they were ‘affected by the recession,’ causing major shifts in perspective that include a greater appreciation for what they have and an increased awareness of financial hardship.

The survey found that today’s teens see their generation as beset by consumerism, with the majority believed there is greater pressure to have more things, like computers, cell phones and clothes, and they feel that people are more obsessed with money than in previous generations.

Click here to see this interesting infographic the shows more of the results from this survey