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Martin Lewis warned that youngsters wrestle to recognise the distinction between actual cash and cash spent on functions on cellular units and tablets.
The monetary skilled informed MPs on the Commons Education Committee on Tuesday (5 March) he hears from mother and father whose youngsters have spent cash on purchases inside video games.
“In the old days when you had cash and you had money in a game, the money in the game wasn’t real and the cash was real. Now the two things are very similar,” Mr Lewis mentioned.
During the identical committee listening to, colleges minister Damian Hinds pulled faces behind Mr Lewis as he criticised the government’s “political failing” in monetary schooling.
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