This statistic presents the children's ability to manage money as rated by their parents in Great Britain as of January 2016, depending on the child's age. Over all age groups, the majority of parents reported their children's ability to manage money as fairly or very good. The older the children were the larger the share of parents who reported very good abilites.
Parental opinion on their children's ability to manage money in Great Britain as of January 2016, by child's age
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: "How would you rate your child's ability to manage their pocket money to buy the things that they want?"
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Experian. (February 11, 2016). Parental opinion on their children's ability to manage money in Great Britain as of January 2016, by child's age [Graph]. In Statista. Retrieved May 17, 2022, from https://www.statista.com/statistics/515755/parental-opinion-childrens-money-management-ability-by-childs-age-uk/
Experian. "Parental opinion on their children's ability to manage money in Great Britain as of January 2016, by child's age." Chart. February 11, 2016. Statista. Accessed May 17, 2022. https://www.statista.com/statistics/515755/parental-opinion-childrens-money-management-ability-by-childs-age-uk/
Experian. (2016). Parental opinion on their children's ability to manage money in Great Britain as of January 2016, by child's age. Statista. Statista Inc.. Accessed: May 17, 2022. https://www.statista.com/statistics/515755/parental-opinion-childrens-money-management-ability-by-childs-age-uk/
Experian. "Parental Opinion on Their Children's Ability to Manage Money in Great Britain as of January 2016, by Child's Age." Statista, Statista Inc., 11 Feb 2016, https://www.statista.com/statistics/515755/parental-opinion-childrens-money-management-ability-by-childs-age-uk/
Experian, Parental opinion on their children's ability to manage money in Great Britain as of January 2016, by child's age Statista, https://www.statista.com/statistics/515755/parental-opinion-childrens-money-management-ability-by-childs-age-uk/ (last visited May 17, 2022)
