Kids may need future debt management
03/11/2010A third of parents believe their children could require debt management in years to come, because they will be less well prepared to deal with finances than their parents themselves.
According to research by M&S Money, parents in the UK say that despite the raised awareness of debt management - many are still worried their offspring may struggle with finances.
A quarter of parents are said to be concerned that getting into debt trouble will be easier for there children to fall into.
Chief executive of M&S Money, Colin Kersley, said that getting things right in the future, with personal finance, has never been more important.
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