Around four in five (81%) children worry about their family not having enough money, a survey has found. The research, commissioned by children’s debit card and financial education app GoHenry, also found nearly one in five (17%) youngsters worry a lot about their family having insufficient funds.
Some 2,000 young people aged six to their late teens were surveyed, along with 2,000 adults. As the cost of living surges, parents appear to be in tune with their children’s concerns.
Just over four-fifths (82%) of parents believe their child worries about their family not having enough money, with 13% saying their child worries a lot. Two-fifths (41%) of children believe they are better at saving money than their parents – and a quarter (25%) of parents agree.