By Jennifer Faull

There has been a marked rise in the number of teenagers taking responsibility for their own finances, with a 22 per cent year-on-year uplift in kids purchasing things like clothes and music with their own debit cards.

The findings come as part of MediaCom’s Connected Kids report which overall shows that 88 per cent of over 13’s have a bank account (a 10 per cent increase from last year) while almost half (48 per cent) of over 15’s have jobs.

“Over last eight or nine years we’ve watched this age group grow up during the recession,” said Pauline Robson, head of real Read full story ›

Source: The Drum