At what point in your life did you first start to save money and actively plan your finances?

A sensible approach to finances is not something you’d immediately associate with teenagers and those in their early twenties – but this is the age at which most of us begin to actively plan our spending and saving, according to the results of our latest poll.

10% of respondents told us they developed an awareness of saving and spending before they even reached their teens, with 30% stating that they began planning their personal finances between the ages of 13 and 19.

35% were beginning to save money and track their expenditure by the time they were in their early twenties – more than any other age range –  whilst an additional 20% started in their late twenties and thirties.

Not everyone who answered our survey was quite as watchful with their finances in their youth – one in 20 respondents told us they didn’t start to keep an eye on their saving and spending until they reached their forties!

 

At what point in your life did you first start to save money and actively plan your finances? Results
Childhood 10%
Teenage years 30%
Early twenties 35%
Late twenties and thirties 20%
Forty or older 5%

 

 

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