One in three (33%) young people prefer seeking advice online to avoid the 'awkwardness' of asking someone face to face.
Parents remain first port of call for financial advice.
Over a tenth of children feel 'awkward' and 'embarrassed' talking about money.
British teenagers say they go online for help on everything from hair hacks to video game tips, with one in three (33%) preferring to seek advice on the web to avoid the 'awkwardness' of asking someone face to face.
The
However, for relationship advice, mum is still the first port of call. Dad is the go-to for health tips, homework and revising and, when it comes to exams, teachers are the favourite. The research also quizzed the teens' parents and found that they also leaned heavily on their parents for advice.
Top 15 topics teens learn about online
Cooking
Baking
Make-up
Video game tips/shortcuts
Films
Dancing
Fashion
History
Science
Hair hacks
Ways to revise
Exams
Sport skills e.g., playing football
Finances/money
Maths
Spotlight on financial education
For financial guidance, almost three fifths (58%) of youngsters believe their parents are best placed to give them advice on the topic; although nearly a quarter (22%) claim social media has helped them understand the value of money.
Moreover, the
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Social media for seeking advice
The research also found that almost two fifths (39%) of young people believe platforms such as Facebook and Instagram offer a quick and concise way to learn things, rather than having a face-to-face conversation with someone.
Children ranked their preferred online resources for all advice, with YouTube coming out on top:
Children's preferred online resources
Graph showing children's preferred online resources in order: YouTube, Facebook, Instagram,
'Our generation has seen the biggest shift in how we use, save and spend money - we remember cash only purchases, whereas our children may experience a future where physical cash or even plastic cards are a rarity. For this reason, it's more important than ever to help our kids navigate the topic. Savings charts, pocket money, shopping lists and just generally talking about the world of finance with our kids are great ways to teach them about the value of money at a young age.'
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