This statistic presents the children's saving behavior as reported by parents in Great Britain as of January 2016, depending on the child's age. Over all age groups, the majority of children saved their money sometimes as reported by their parents. The age group from 10 to 14 had the largest share of children who save with 92 percent always or sometimes kept their money.
Children's saving behavior as reported by parents 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: "Does your child save money for the things they want (e.g. a bike or a toy)?"
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Experian. (February 11, 2016). Children's saving behavior as reported by parents in Great Britain as of January 2016, by child's age [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/515752/childrens-saving-behavior-by-childs-age-uk/
Experian. "Children's saving behavior as reported by parents in Great Britain as of January 2016, by child's age." Chart. February 11, 2016. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/515752/childrens-saving-behavior-by-childs-age-uk/
Experian. (2016). Children's saving behavior as reported by parents in Great Britain as of January 2016, by child's age. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/515752/childrens-saving-behavior-by-childs-age-uk/
Experian. "Children's Saving Behavior as Reported by Parents in Great Britain as of January 2016, by Child's Age." Statista, Statista Inc., 11 Feb 2016, https://www.statista.com/statistics/515752/childrens-saving-behavior-by-childs-age-uk/
Experian, Children's saving behavior as reported by parents in Great Britain as of January 2016, by child's age Statista, https://www.statista.com/statistics/515752/childrens-saving-behavior-by-childs-age-uk/ (last visited November 21, 2024)
Children's saving behavior as reported by parents in Great Britain as of January 2016, by child's age [Graph], Experian, February 11, 2016. [Online]. Available: https://www.statista.com/statistics/515752/childrens-saving-behavior-by-childs-age-uk/