Money Box Life: Teenagers talk money

Money Box

BBC

Business

4.2 • 825 Ratings

🗓️ 3 June 2026

⏱️ 29 minutes

🔗️ Recording | iTunes | RSS

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Summary

Teenage years are formative in many different ways – and being able to handle finances is one of them.

In this programme - one of our special Money Box Life episodes – presenter Felicity Hannah talks to teenagers from varied backgrounds about their early experiences of handling money.

We get their views on the guiding role of parents. We hear how making mistakes can prove helpful – if you learn from them. And how jobs can shape the understanding of money and how to use it, providing of course you are able to secure some form of work in an increasingly competitive environment.

Advice is on hand from Stephanie Fitzgerald, head of young people's programmes at the Money Charity, and Julia Evans from Spear, which is a charity which supports young people to find work. Presenter: Felicity Hannah Producers: Craig Henderson, James Graham Editor: Robert Cave Senior News Editor: Sarah Wadeson

(First broadcast on Wednesday 6 May 2026)

Transcript

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0:00.0	BBC Sounds, music radio podcasts.
0:07.2	Things just swirling around my head.
0:09.6	Am I really the product of this?
0:12.1	Astonishing secrets uncovered by at-home DNA tests.
0:17.0	Little did I know what more was to come.
0:19.5	I'm Jenny Clemen, and in the new series of The Gift,
0:23.6	we'll hear more stories emerging out of the ever-expanding global DNA database.
0:28.8	They did know that I was different.
0:31.7	You had kids together.
0:33.0	Yeah.
0:33.5	Then you met.
0:34.3	Then we met.
0:35.2	The Gift.
0:36.1	Listen on BBC Sounds. Hello. today we're dedicating the whole
0:41.4	podcast to teenager finances as one of our special Moneybox life episodes. You enter your teens as a
0:48.5	child and you leave them as an adult. And the money lessons you learn in that time can shape
0:53.2	the rest of your life. So there's a
0:55.1	huge amount to understand. And it's all at a time where there are quite a lot of other distractions.
1:00.5	The earliest experience most children have with cash is pocket money. Around a third of parents
1:05.4	pay that regularly. That's according to the annual NatWest Rooster Money Index. Other parents pay out as rewards for chores or for birthdays.
1:14.2	I've been chatting to 13-year-old Isaac, who does receive pocket money and I asked him how he spends it with a card or with cash.
1:21.4	Oh my card is where I buy my stuff most of the time, so like bus tickets and sometimes snacks if I want to buy them.
	...

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