Nearly eight in 10 parents with younger children are hoping to develop better money habits in the coming months, a survey has found.
Some 78% of parents with children aged 10 or under want to make savvier money decisions over the coming year to benefit their child’s future, according to the Royal Mint.
Nearly three-quarters (76%) of parents said the economic troubles of the past year had made them realise the importance of saving for the future.
Around two-thirds (62%) were looking for new ways to invest to support their children.
But nearly a quarter (23%) of parents had not set up a savings account for their offspring.