10th March 2017
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|
|Late twenties and thirties||20%|
|Forty or older||5%|