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    t among the adult population is a bad example to children, a fact that parents "need to think about" before making their children behave more responsibly.

    "I don't think it is neces

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    Lax attitude towards spending reflection of parent's habits

    Following a report into the borrowing beliefs of teenagers, an investment expert has said that children should be educated and not bullied into saving money if they are to avoid a life of bad debt.

    Ben Yearsley, from Hargreaves Lansdown, said that the young people's lax attitude towards spending and debt is probably a reflection of their parents' habits.

    His comments follow a survey from the Personal Finance Education Group (pfeg) that found the majority of teenagers in England have been or are in debt by the time they are 17-years-old and have a "worryingly laidback" approach to money.

    Mr Yearsley said that the 1.25 trillion of personal debt among the adult population is a bad example to children, a fact that parents "need to think about" before making their children behave more responsibly.

    "I don't think it is necess

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    should be educated and not bullied into saving money if they are to avoid a life of bad debt.

    Ben Yearsley, from Hargreaves Lansdown, said that the young people's lax attitude towards spending and debt is probably a reflection of their parents' habits.

    His comments follow a survey from the Personal Finance Education Group (pfeg) that found the majority of teenagers in England have been or are in debt by the time they are 17-years-old and have a "worryingly laidback" approach to money.

    Mr Yearsley said that the 1.25 trillion of personal debt among the adult population is a bad example to children, a fact that parents "need to think about" before making their children behave more responsibly.

    "I don't think it is neces

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    s spending and debt is probably a reflection of their parents' habits.

    His comments follow a survey from the Personal Finance Education Group (pfeg) that found the majority of teenagers in England have been or are in debt by the time they are 17-years-old and have a "worryingly laidback" approach to money.

    Mr Yearsley said that the 1.25 trillion of personal debt among the adult population is a bad example to children, a fact that parents "need to think about" before making their children behave more responsibly.

    "I don't think it is neces

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    gers in England have been or are in debt by the time they are 17-years-old and have a "worryingly laidback" approach to money.

    Mr Yearsley said that the 1.25 trillion of personal debt among the adult population is a bad example to children, a fact that parents "need to think about" before making their children behave more responsibly.

    "I don't think it is neces

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    t among the adult population is a bad example to children, a fact that parents "need to think about" before making their children behave more responsibly.

    "I don't think it is necessarily about forcing children to save it's educating and teaching them about what is going to be needed later in life," he said.

    Teenagers believe credit card debt does not need to be repaid

    One of the most significant findings of the pfeg survey is that some teenagers think that credit card credit debt does not need to be repaid at all.

    Experts are concerned that a lack of understanding on such matters will lead to a rise in individual voluntary arrangements and bankruptcies, which will impact on people's ability to borrow credit in the future.

    At least one in five consumers in the north-east face serious financial hardship because of bad debt, new research suggests.

    22% of people in No

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