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Wendy van den Hende, chief executive of the Personal Finance and Education Group (PFEG), said many young people are becoming "money managers" as a result of their exposure to an increasingly complex financial world of stock market investments and savings accounts.
"Finacial education is key to ensuring that young people are equipped and confidence to manage money responsibly and effectively as adults," she commented.
In the results of a recent PFEG survey, it was revealed that almost one-third (32 per cent) of people feel under pressure to make financial decision, despite their young age.
Meanwhile, the organisaton is spearheading a multi-million pound investment by the Department for Children, Schools and Families to deliver lessons on financial issues in UK schools.
PFEG is an education charity which aims for all young people to leave school with a sound grasp of personal finance.
