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British parents opinion: children's ability to manage money 2016

This statistic presents the children's ability to manage money as rated by their parents in Great Britain as of January 2016. The majority of 53 percent of the parents rated their children's ability as fairly good. Another 21 percent reported that their children's abilities were very good. In contrast, 5 percent of the parents reported faily poor abilities.

Parental opinion on their children's ability to manage money 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: "How would you rate your child's ability to manage their pocket money to buy the things that they want?"

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Statistics on "Pocket money in the United Kingdom (UK)"

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