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What are kids doing with their money?

The Kidtrends 96 Report, conducted by Children's Market Research, asked kids what they do with their money. Here are their answers:...
November 1, 1996

The Kidtrends 96 Report, conducted by Children’s Market Research, asked kids what they do with their money. Here are their answers:

28 percent spend their money on toys. (Younger girls gave this response more often than older girls, while boys of all ages responded equally.)

20 percent spend their money on candy. (There was no significant difference in responses between boys and girls.)

12 percent spend their money on playing and buying video games. (Boys play or buy more video games than girls. Older boys play or buy them more often than younger boys: 35% versus 10%. There was no difference among girls.)

8 percent of kids spend their money on snacks.

31 percent save at least some of their money.

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