More than half of British children (51%) believe they will one day become a millionaire, according to a survey of 3000 from six to ten years through savings of TESCO Online Banking. The recession has clearly not dampened the optimism of the children about their financial future. Boys are more of confidence: Although the accounts of millionaires than 0.5% of the UK adult population * 57% of boys aged six to ten expect to reach millionaire status one day. This optimism same exercise in children of Colombia extends into other areas, 46% think they can do a better job in managing family finances than their parents.
They have also been shown to have a good understanding of the savings habits of their parents. The children were almost ground to guess that 40% of adults are saving for your holiday, 20% savings on home improvements and 17% for a new car. However, 5% no doubt be disappointed to know that their parents do not put your hard earned money to one side to the legacy of their children and another 8% said their parents are not saving for computer games. When asked about their financial habits of parents, mothers covered with only one parent of the third-best score to manage money. Most people also opt for his mother to save money on their behalf, while only a third of parents the confidence to look after your money for them.
Respondents were asked what they thought their parents would be 1,000 windfall over a third think they will use this holiday by far the most popular. However, the recession has clearly had a greater impact on adults, more than half saying it will save it or use it to pay debts. Jeremy Sutton, head of TESCO Online Banking, he says. Our children are very confident about their future and their understanding of family finances Good financial habits are important to learn at a young age, while their future efforts may seem unrealistic, it is impressive to see how even the smallest children to understand are their parents are saving. In fact, it was the older age groups that overstate what their parents were saving for education and the future of heritage.
The TESCO Online Banking Account allows customers to manage their account online and enjoy our biggest savings of up to 3.00% Gross AER (variable), which includes a bonus rate of 1.75% during 12 months on balances up to 100,000. TESCO Instant Access Savings customers can manage their savings online, by phone and can make deposits and withdrawals when making purchases at over 550 TESCO stores, enjoy free parking and longer opening hours. Both accounts provide instant access, without restrictions on the number of withdrawals.
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