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
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?"
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Experian. (February 11, 2016). Parental opinion on their children's ability to manage money in Great Britain as of January 2016 [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/515768/parental-opinion-childrens-money-management-ability-uk/
Experian. "Parental opinion on their children's ability to manage money in Great Britain as of January 2016." Chart. February 11, 2016. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/515768/parental-opinion-childrens-money-management-ability-uk/
Experian. (2016). Parental opinion on their children's ability to manage money in Great Britain as of January 2016. Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/515768/parental-opinion-childrens-money-management-ability-uk/
Experian. "Parental Opinion on Their Children's Ability to Manage Money in Great Britain as of January 2016." Statista, Statista Inc., 11 Feb 2016, https://www-statista-com.ezproxy.canberra.edu.au/statistics/515768/parental-opinion-childrens-money-management-ability-uk/
Experian, Parental opinion on their children's ability to manage money in Great Britain as of January 2016 Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/515768/parental-opinion-childrens-money-management-ability-uk/ (last visited November 10, 2024)
Parental opinion on their children's ability to manage money in Great Britain as of January 2016 [Graph], Experian, February 11, 2016. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/515768/parental-opinion-childrens-money-management-ability-uk/