How children feel about spending money:insights from behavioural research

We like to imagine childhood as a time free from thoughts about money. However, the vast majority of 6-to-12-year-olds in the UK are involved in spending decisions. It is worth asking how these children feel when they decide to buy, or refrain from buying, something. After all, refraining from some purchases in order to save for others is a cornerstone of financial wellbeing.