Third of children 'have never saved'

The survey of 581 children aged between five and 12 years old reveals 60% say they mother speaks to them about money and saving, but 33% - equivalent to 1.9 million – have never saved. In addition, over a quarter (27%) have never, or don’t know if they have ever, been to bank or building society. Despite many children never having set money aside for a future purchase, the research suggests ‘saving hard’ is the fourth most accepted means of becoming wealthy. But the most popular route of becoming wealthy is ‘working hard and getting a good job’, cited by 42% of children, followed by ‘...