Family, especially the mother, father and the grandparents, represents the main financial behavior model for 65 percent of the teenagers in Romania, according to a study published by BCR. But 33 percent of teenagers would like to learn more about personal finance from a banker, the study found.

Teenagers think that a financial education course is important, while 65 percent of them say that these courses should be held by a specialized teacher. In case there is not a trained teacher, 33 percent would like to learn from a banker, 30 percent believe that the economy teacher should work in this segment, and 12 percent believe that a rich man in the community would be the best to teach financial education, according to the study.

However, even if over 90 percent of the teenagers say they receive pocket money from parents, over 80 percent of them say they are the one to decide what to spend it on. Most of the high school students spend their pocket money on a night out, while clothes are next on the list.

50 teenagers attended the Summer Job BCR program that was held for 2 months. Under the program, high school students were asked to undertake a study on financial behavior among teens their age. Around 350 teenagers all over the country gave their answers for this study.

Irina Popescu, irina.popescu@romania-insider.com

(photo source: Sxc.hu)