Even Children and Teenagers Are Worrying About the Cost-of-Living Crisis

77% of the 1,000 11 to 18-year-olds surveyed across the UK said their parents or guardians have talked about the need to cut back to save money. — 77% of the 1,000 11 to 18-year-olds surveyed across the UK said their parents or guardians have talked about the need to cut back to save money.
Photographer: Matthew Horwood/Getty Images

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By THE PRESS ASSOCIATION (Vicky Shaw, PA Personal Finance Correspondent)

May 30, 2022 at 11:02 PM UTC

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More than nine in 10 (93%) 11 to 18-year-olds are aware of the cost-of-living crisis, a survey has found.

Around three-fifths (61%) in this age group worry about their parents or guardians not having enough money for them to do what they want or have what they need, according to the research from Yorkshire Building Society.