15 per cent of 18- to 24-year-olds mistakenly believed that a major tax-free savings product, an ISA (individual savings account) was in fact an iPod accessory, while another 10 per cent thought it was an energy drink (Credit Action, 2006).
in ‘Introduction: Introducing personal finance’, in Callaghan, G., Fribbance, I., and Higginson, M. (eds) Personal Finance, Chichester, John Wiley/The Open University.
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Good lord that is quite awful………
Have you done Open Uni before MIchael?
Iv done some over the years – very close to getting the degree I never achieved in my youth! ha
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