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Mon 05 May 2009Kids 'negatively' hit by recession
Most Irish parents believe the recession may have a negative impact on their children’s lives but conversely may also teach them to understand the important things in life and to be more careful with their money, according a new survey.
The survey, commissioned by EBS Building Society to coincide with International Family Day on Friday, found 80 per cent of parents believed the economic climate would have detrimental effect on their children and nearly two-thirds felt they would not be able to afford important things for them because of the downturn.
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