Saturday 6 April 2013

Should teenagers have to earn their pocket money?

It's news that will delight your parents but may disappoint you guys!

Doing household chores or even a paper round for money could help young people become better savers in the future, according to a new study.
Researchers from the Royal Economic Society found that the more pocket money kids are given, the more likely they are to spend it all straight away.
But those who had to earn their cash from a young age were more likely to take care of their money and save.

From CBBC News

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