Martin Lewis warned that youngsters battle to recognise the distinction between actual cash and cash spent on purposes on cell gadgets and tablets.
The monetary knowledgeable advised MPs on the Commons Schooling Committee on Tuesday (5 March) he hears from mother and father whose youngsters have spent cash on purchases inside video games.
“Within the previous days while you had money and also you had cash in a sport, the cash within the sport wasn’t actual and the money was actual. Now the 2 issues are very related,” Mr Lewis stated.
Throughout the identical committee listening to, colleges minister Damian Hinds pulled faces behind Mr Lewis as he criticised the federal government’s “political failing” in monetary schooling.