YOUTH CHARITY MyBnk JOINS THE KEEP ME POSTED CAMPAIGN FOR COMSUMER CHOICE

MyBnk says many young people are not being taught the necessary financial skills needed in life, leaving them either financially excluded or unable to deal with their personal finances effectively – and they fear removing paper statements will only add to the confusion.

 

With Keep Me Posted’s independent research showing more than half the population are more likely to read a paper financial statement than an online one, MyBnk agrees that taking away that choice could mean many young people, who are financial novices, find it hard to keep track of their budgets.

 

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