16-18 Year Olds Have More Disposable Income Than Any Other Age Group. PRLog (Press Release) - Jul. 28, 2010 - Research by the UK’s leading discount code and voucher site has revealed that on average those aged between 16 and 18 have a more disposable income than any other age range. 1,276 employed 16-18 year olds were polled along with 1,324 members of the British public who were aged 19 years and over and employed. The research was carried out by to uncover which age group had the most disposable income.
When asked the question “how much money, after all outgoings do you have to play around with at the end of each month?” 52% of those aged between 16-18 said that they had between £201-£300 each month to spend on whatever they want, 13% had £301-£500 and 7% had £501+ to play with. When those aged 19 years and over were asked the same question “how much money, after all outgoings do you have to play around with at the end of each month?” He continued; MyVoucherCodes is the UK’s most popular discount site. Teen Market to Surpass $200 Billion by 2011, Despite Population Decline. By MarketingCharts staff According to the teens report: Teen spending money, accumulated through paying jobs, allowances from parents, “as needed” money from parents, and monetary gifts, will increase an estimated 3.5% annually, raising the aggregate teen income 14.4%, from $79.7 billion in 2006 to $91.1 billion in 2011.Packaged Facts estimates that 12-14-year-olds have an average annual income of $2,167; teens in the 15-17-year-old age group generate an average annual income of $4,023.The amount of money families spend on teens for food, apparel, personal-care items, and entertainment is expected to grow approximately 7%, from $110 billion in 2006 to $117.6 billion in 2011.Though non-Hispanic Whites account for 82% of those age 65 and over, they comprise only 61% of those in the 14-17-year-old age group.
“Teens living in 2007 have never known a world without personal computers and the Internet,” said Don Montuori, publisher of Packaged Facts. Meet Generation Z.
Welcome to Forbes. Teens' and Tweens' Technology Usage - UK - May 2013.