Children's saving behavior for wanted objects in Great Britain as of 2016

This statistic presents the children's saving behavior as reported by parents in Great Britain as of January 2016. The majority of 64 percent saved sometimes to buy desired things. Approximately 21 percent of the parents reported that their children always save their money. In contrast, 13 percent stated that their children never save.

Children's savings for things they want as reported by parents in Great Britain as of January 2016

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Source

Release date

February 2016

Region

United Kingdom (Great Britain)

Survey time period

January 19th to 23rd, 2016

Number of respondents

1,533 respondents

Age group

18 years and older

Special properties

Parents of children aged five to eighteen.

Method of interview

Online survey

Supplementary notes

The source adds further comments: "Quotas were set to ensure an even minimum sample of 500 parents of children aged between 5-9, 10-14 and 15-18. Data were weighted by age, gender and region to be representative by all parents in Great Britain."
The question was: "Does your child save money for the things they want (e.g. a bike or a toy)?"

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Statistics on "Savings in the United Kingdom (UK)"

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