Youngsters 'learning from crisis'

Mar 30 2009

Scotland is producing a more financially savvy generation as youngsters take lessons from the economic crisis, a survey has suggested.

A study of 9,000 12-19 year olds revealed that keeping track of money was uppermost in their minds, with 71% reporting that they knew more about managing cash than last year.

The study by the Royal Bank of Scotland found 82% had learned about cash in school or at home in the previous 12 months, compared with the majority of adults who have never received any formal financial education.