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83% of teens spend all your money in the short term, says survey

02/07/2012

This article was translated by an automatic translation system, and was therefore not reviewed by people.


 

 

SAO PAULO - With the arrival of internet and mobile phones, young people become more independent in the world of consumption. And, according to a study commissioned by Visa, done with adolescents aged 13 to 18 years, 83% of young Brazilians said spend all your money in the short term.

As to the items with which young people spend their money, the survey revealed that approximately 74% of respondents spend on food. Still, 33% spend on school supplies, 47% spend on public transport, 37% spend on clothes, 22% with your mobile phone and 29% at parties. The study allowed multiple responses.

Many of the young, 76% said spending on impulse. Moreover, a high proportion of adolescents regularly ask friends for money to cover your expenses and 20% of respondents use some of your money to pay these debts.

The youth access to banking services
The survey also showed that the vast majority of adolescents in Brazil does not have access to banking services. Only 10% of respondents have a bank account and the vast majority of these accounts is saving.

Despite this minimal access to banking services, 17% of teens surveyed have some sort of savings. Of these, 20% keep the money at home and 67% remain in the bank. About 62% reported having a debit card.

Penetration of mobile phones
The penetration of mobile phones is extremely high in Brazil, with an average of 65% among the adolescents surveyed. Of young Brazilians, 88% said they have a prepaid cell phone, 33% who pay their own instrument and 41% reported having mobile internet access.

Furthermore, the study revealed that young people of Latin America use their phones in different ways, including making calls (84%), send text messages (80%), music (69%) such as clock radios (63%
), to take and view pictures (58%) and play (57%), among other uses.



Source: News Agency

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This article was translated by an automatic translation system, and was therefore not reviewed by people.

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