The source adds further comments: "Quotas were set to ensure an even minimum sample of 500 parents of children aged between 5-9, 10-14 and 15-18. Data were weighted by age, gender and region to be representative by all parents in Great Britain." The question was: "How would you rate your child's ability to manage their pocket money to buy the things that they want?"
Citation formats
British parents opinion: children's ability to manage money 2016
This statistic presents the children's ability to manage money as rated by their parents in Great Britain as of January 2016. The majority of 53 percent of the parents rated their children's ability as fairly good. Another 21 percent reported that their children's abilities were very good. In contrast, 5 percent of the parents reported faily poor abilities.
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Experian. (February 11, 2016). Parental opinion on their children's ability to manage money in Great Britain as of January 2016 [Graph]. In ÌÇÐÄÆÆ½â°æ. Retrieved August 03, 2026, from /statistics/515768/parental-opinion-childrens-money-management-ability-uk/
Experian. "Parental opinion on their children's ability to manage money in Great Britain as of January 2016." Chart. February 11, 2016. ÌÇÐÄÆÆ½â°æ. Accessed August 03, 2026. /statistics/515768/parental-opinion-childrens-money-management-ability-uk/
Experian. (2016). Parental opinion on their children's ability to manage money in Great Britain as of January 2016. ÌÇÐÄÆÆ½â°æ. ÌÇÐÄÆÆ½â°æ Inc.. Accessed: August 03, 2026. /statistics/515768/parental-opinion-childrens-money-management-ability-uk/
Experian. "Parental Opinion on Their Children's Ability to Manage Money in Great Britain as of January 2016." ÌÇÐÄÆÆ½â°æ, ÌÇÐÄÆÆ½â°æ Inc., 11 Feb 2016, /statistics/515768/parental-opinion-childrens-money-management-ability-uk/
Experian, Parental opinion on their children's ability to manage money in Great Britain as of January 2016 ÌÇÐÄÆÆ½â°æ, /statistics/515768/parental-opinion-childrens-money-management-ability-uk/ (last visited August 03, 2026)
Parental opinion on their children's ability to manage money in Great Britain as of January 2016 [Graph], Experian, February 11, 2016. [Online]. Available: /statistics/515768/parental-opinion-childrens-money-management-ability-uk/