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NEW RESEARCH: The Financially Responsible Generation, With an Appetite for Credit

launchgroup.com.au > Blog > Uncategorized > NEW RESEARCH: The Financially Responsible Generation, With an Appetite for Credit

NEW RESEARCH: The Financially Responsible Generation, With an Appetite for Credit

launch-admin Oct 30, 2009 0 514

  • Half of Australian teens already saving for cars and houses
  • More than a third of Australian teens pay their own mobile phone bills
  • ‘Credit 101’ still required to educate teenagers about credit and debt

New research jointly released today by Veda Advantage, Australia’s largest credit bureau, and teen researcher Habbo, reveals our next generation of spenders. Generation Z are happy to save, and are more cautious about spending than their Gen Y predecessors, however they lack in some areas of financial knowledge.

The nationally representative online study of almost 2000 teenagers aged between 12 and 18 years, conducted by teenage researcher Habbo found Australian teenagers have strong convictions about paying bills on time, and ‘do not like owing people money at all’ – even if it’s to their parents.

For the survey results and to view the entire press release please press the link: VedaHabbo.docx

For more information about Habbo please visit: http://www.habbo.com.au/

For more information about Veda Advantage please visit: http://www.vedaadvantage.com/

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