money management

Will your teenager be making money over the summer break? If they have few financial responsibilities, you may be worried they’ll spend it all on frivolities rather than sensibly saving. So, how can you encourage them to make smart decisions with their money ?

Jason Higgs, the Senior Deals Strategist at Bountii , explains how you can teach your teen to build their savings....

• Money management is the life skill parents most want their children to learn at school
• One in six (16%) parents worry their children will struggle to live independently due to the lack of life skills taught in school
• Nine in ten children (91%) leave school without any understanding of mortgages
• More than four in five (81%) children in the UK leave school
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