Education, Skills and Learning

Children develop their spending and saving habits by the age of 5

German Herrero Sanjuan, 9,  approaches his brother Fernando, 5, as he plays with a Banesto bank ATM machine in Madrid July 1, 2012. They are both wearing Spanish national soccer team jerseys to show support for their team ahead the Euro 2012 final soccer match between Spain and Italy tonight. REUTERS/Susana Vera (SPAIN - Tags: SPORT SOCCER) - GM1E8711KJR01

Four times as many children were classified as tightwads than spendthrifts, which also holds true for adults. Image: REUTERS/Susana Vera

Laura Bailey
Science Writer, University of Michigan
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Related topics:
Education, Skills and LearningFinancial and Monetary SystemsBehavioural Sciences
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