Belmont Thornton Logo
PPI Claims - About PPI

PPI Claim News

Bank charges: Teenagers 'throwing pennies away'

While many adults worry how they will pay off loan charges and meet credit card claims, some teenagers throw their pennies away.

Specialist journalist Martin Lewis wrote in a blog at that many young people "treat copper coins as rubbish".

Describing this behaviour as "jaw-dropping", he noted this displays a lack of comprehension regarding financial matters and "looking after the pennies", as well as a disrespect for money.

The expert suggested that youngsters who do not want to keep these low-value coins put them in a charity collection jar.

Shops could ensure they have one of these next to their till, Mr Lewis continued.

He argued that the "sheer waste" of throwing pennies away is frustrating, pointing out the practice bolsters claims that schools should provide financial education to pupils.

According to recent research from the Chartered Insurance Institute, only 27 per cent of students believe they have attained basic skills in budgeting through their education.

Charles Baker
Charles is a reputed financial analyst with decades of experience under his belt.ADNFCR-2776-ID-801387668-ADNFCR

Bookmark and Share
Tell a Friend
blog comments powered by Disqus

Enquiry Form

First Name 
Last Name 
Mobile Phone
Home Phone
Address Line 1 
Post Code 
Claim Back Mis-Sold PPI Button

Belmont Thornton Limited is regulated by the Claims Management Regulator in respect of regulated claims management activities; our registration is recorded on the website number 18273

Belmont Thornton Limited is incorporated in England and Wales, Company number 6621233, whose head office at Unit B11, Kestrel Court, Harbour Road, Portishead, Bristol, BS20 7AN and registered office at Harwood House, 43 Harwood Road, London, SW6 4QP.

Belmont Thornton Limited is registered with the Information Commissioners Office. Registration number Z1728023.

Please note that calls may be monitored for the purposes of staff training.

* Belmont Thornton operates on a "No Win No Fee" basis. This means that there are no upfront costs to pay. Our fee only becomes payable on a successful outcome of a claim. A cancellation fee is payable if you decide that having instructed Belmont Thornton to act on your behalf, and after 14 days of signing your Letter of Authority, you do not wish to continue pursuing your claim with us. The cancellation fee is the reasonable costs incurred for the work undertaken. Please see our terms of engagement.

By using our web-site, you agree that we can place the types of cookies described in our privacy policy on your device.Hide