Halifax children's savings account 'funds gaming generation'
www.moneynews.co.uk > Banking > Halifax children's savings account 'funds gaming generation'
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Halifax children's savings account 'funds gaming generation'
Fri 9th Apr 2010
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She added: "However, it is very pleasing to see that some children are getting into the savings habit at an early age by saving up their pocket money to buy the latest must-have technology items."
According to a Halifax survey, the younger generation spends an average of £383 each per year on entertainment software, of which computer games took over a third of this amount, while mobile phone bills took £104.04 each year.
Financial research firm Defaqto recently revealed that children's savings accounts have not been exempt from the current rate of low interest and the offer of a free gift does not usually come with the highest rate.
Click here for more banking news
Related News : Banking |
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Related News : Halifax |
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