Students and other young people in the UK have unrealistic expectations when it comes to their financial futures, which could explain why so many people in their late teens and early twenties are happy to get into debt.
Research carried out by Natwest revealed that young people between the ages of 11 and 19 expected to earn a salary of over £30,000 a year by the time they're 25. However, the average salary for that age group is only £17,000.
The group say that this unrealistic view of their financial future shows exactly how little many teenagers and young adults know about the economy and personal finances.