Most Thai parents choose to shield their children from financial worries.
However, because the children are given money without having to work,
this can contribute to bad spending habits. It would be beneficial if Thai
parents encouraged their children to earn money so as to learn the ‘value
of money’. By so doing, teenagers could grow up to be more responsible
adults. In addition, although females were found to have a more positive
attitude towards saving, they tend to like shopping. This indicates that a
good attitude does not necessarily make a good practice. Intaravorraphat
et al. (2012) state that apart from the positive attitude many teenagers
have towards saving, other related factors and conditions such as the income
which they get from parents and their experience of financial management