Helping schools plan and teach financial capability

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54% of teenagers are interested in learning about saving**pfeg research conducted online amongst 1,008 pupils aged 14-18 by EdComs between 6-18 January 2007
Children on average, begin to receive pocket money at the age of seven.* pfeg research conducted by Populus, February 2009
Over half of England’s teenagers have been in debt by the time they are 17**pfeg research conducted online amongst 1,008 pupils aged 14-18 by EdComs between 6-18 January 2007
51% of teenagers said they would like to learn how to control their spending**pfeg research conducted online amongst 1,008 pupils aged 14-18 by EdComs between 6-18 January 2007
23% of teenagers tend to think of overdrafts as easy ways to spend more than they earn** (pfeg research conducted online amongst 1,008 pupils aged 14-18 by EdComs between 6-18 January 2007)
On average, children purchase items online from the age of ten.* pfeg research conducted by Populus, February 2009
42% of children prefer to store their money in a piggy bank**source: pfeg and HSBC online poll in primary schools conducted by EdComs, July 2007
One in five children has used their parents’ or older siblings’ credit or debit card to purchase items online.* pfeg research conducted by Populus, February 2009
The average age at which children first have their own mobile phone is eight* pfeg research conducted by Populus, February 2009
66% of Britons believe financial lessons would have given them the knowledge to deal with today’s financial challenges.*#*Primary research conducted by YouGov during 29-31st May 2007 among a representative sample of 2,296 GB adults (aged 18+)# Based on UK adult population of 45,731,000 according to ONS population data
Nine in ten teenagers say they worry about money on a daily basis**pfeg research conducted online amongst 1,008 pupils aged 14-18 by EdComs between 6-18 January 2007
The average weekly amount of pocket money received by children is £6.32* pfeg research conducted by Populus, February 2009
93% of teachers and parents think that personal finance education should be taught in schools**Online poll conducted by YouGov on behalf of The Association of Investment Companies, January 2007
More than three quarters of 7-11 year olds are already saving for the future**source: pfeg and HSBC online poll in primary schools conducted by EdComs, July 2007
26% of teenagers think that overdrafts are for ‘overspending’**pfeg research conducted online amongst 1,008 pupils aged 14-18 by EdComs between 6-18 January 2007

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