This report is an initial analysis of the findings from the 2019 Children and Young People’s Financial Capability Survey examining the links between children’s individual characteristics, skills, and environmental factors affecting them and their financial capability, in particular active saving and good day-to-day money management.
The analysis is the first step in helping us understand more about which children and young people may have potential vulnerabilities, and the areas of support which may be most beneficial to their financial wellbeing.
Children and Young People’s Financial Capability Survey
In 2019, the Money and Pensions Service (MaPS) conducted a nationally representative survey of the financial knowledge, attitudes and behaviours of 7- to 17-year-olds and their parents, living in the UK. This data helps MaPS set the policy agenda for children and young people financial capability issues and highlights areas for the sector to explore further through further research, testing or intervention.
Download the other report summaries based on this survey.