Find an adviser who can help you with general financial planning
This means that almost 4m young people will face financial problems when they enter adulthood because they have no money.
Research by the Building Societies Association indicates that future generations could find it impossible to buy a house or avoid debt.
There are also plenty of basic savings accounts aimed at youngsters often with free opening gifts or regular offers. Not only will children get pleasure from seeing their savings grow, but they will also learn about money. This should help them to avoid unnecessary debt later in life.
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