Parental encouragement for pocket money savings in the UK 2015

Published by Statista Research Department, Dec 7, 2015
This statistic shows the parental encouragement to children to save their pocket money in the United Kingdom (UK) in 2015. Approximately 61 percent of parents encouraged their children to save a part of their pocket money. Further 18 percent stated that they did not interfere with their children's spending behavior.

Distribution of parental encouragement to children to save their pocket money in the United Kingdom (UK) in 2015

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Source

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Release date

December 2015

Region

United Kingdom

Survey time period

October and November 2015

Number of respondents

629 respondents

Special properties

parents of children aged 11 to 18

Supplementary notes

Pocket money was understood as "money that you give to your child(ren) on a regular basis as an allowance to save and spend for themselves".
Question read in full: "Do you encourage your child(ren) to save the pocket money that they are given?"

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