MoneySense Research Panel

The Ulster Bank MoneySense Research Panel is the largest survey ever undertaken in Ireland into young people's behaviours and attitudes towards money.

The most recent survey findings signal a trend of lower spending by students in 2009 compared with previous years. However, young people also felt they needed less money to make them happy this year compared to last, indicating they have adjusted to spending less in the current economic environment

Young people's awareness of the importance of saving was demonstrated by the 64% who said they would save all or some of €1,000 if they were given it, with over half (54%) saying they would save some of it.