Pocket Money is not just representing how much money that teenagers’ get; it also represents teenagers’ buying tendency, marketing size of teenagers, their finance method and possible reasons of stress because of financial problem. It’s worth to make a statistic on the topic teenager’s pocket money, for the reference of further studies on social research.
In this report, the following data would be collected and analyzed. Firstly, we want to compare the pocket money teenagers how to spend their pocket money in past and that in nowadays (e.g2006 vs. 1999), then we should reveal the differences by our statistic figures like mean , mode etc, so that we can know whether they get more money or not, and other statistical information. Secondly, we also are interested in the relation between the teenagers’ ages and the amount of money they get, and then how this found out changes from 1999 to 2006. Thirdly, we want find what kind of things teenagers prefer to buy and whether they can handle their financial overload effectively by themselves. After that, we will try to find the reasons for those phenomena and then generate the conclusion.
Objective
To build up an online survey, to collect sample data about teenager’s pocket money, how they use it, and any financial problem they faced.
Questionnaires
In this project, we use internet survey instead of questionnaire survey in collecting samples from teenagers. There are few reasons for us to choose such survey method: First, teenagers are very sensitive to the money they own and they feel too nervous when other people ask about the amount of their pocket money. For those results, they prefer to refuse to answer this questionnaire by face to face method. Secondly, teenagers have a low incentive to do the survey on the street; they think it is wasting their time. This increases the difficulties in sampling from them directly. Thirdly, as a result, we choose internet survey which should be a