Parental opinion on their children's ability to manage money in Great Britain as of January 2016, by child's age
Opinion of British parents: children's ability to manage money 2016, by age
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
5-910-1415-18
Very good16%20%28%
Fairly good54%55%48%
Neither good nor poor26%17%16%
Fairly poor3%7%6%
Very poor1%1%2%
Loading statistic...
You need to log in to download this statistic
Register for free
Already a member?
Log in
Show detailed source information?
Register for free
Already a member?
Log in
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: "How would you rate your child's ability to manage their pocket money to buy the things that they want?"

Opinion of British parents: children's ability to manage money 2016, by age
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.
Statista Accounts: Access All Statistics. Starting from $708 / Year
Basic Account
Get to know the platform

You only have access to basic statistics.

Premium Account
Your perfect start with Statista
  • Instant access to 1m statistics
  • Download in XLS, PDF & PNG format
  • Detailed references

$59 / Month *

Corporate Account
Full access

Corporate solution including all features.

* All products require an annual contract.
   Prices do not include sales tax.
Statistics on "Pocket money in the United Kingdom (UK)"
  • Parental motivation for giving pocket money
  • Frequency of giving pocket money
  • Pocket money amounts
  • Children's spending and parental expectations
  • Financial education and money management
The most important statistics
Statista Accounts: Access All Statistics. Starting from $708 / Year
Learn more about how Statista can support your business.