Jason Moorhouse raises issue in Keys
Some feel it can be a struggle to persuade young people that putting some money away each month, to save, can be worthwhile.
Many children think cash in hand is there for a purpose - to buy things.
However, Castletown and Malew MHK Jason Moorhouse, who is a former economics teacher, believes there's an opportunity going to waste that could help secondary school children prosper financially.
Mr Moorhouse raised the topic in the House of Keys today, when he asked the treasury minister "what initiatives his department has considered to encourage the Island's young people to start saving".
John Moss has this report:
More restrictions on the way for newly-qualified drivers?
Minister sees patient waiting more than 24-hours during visit to ED
Silver for Sleight at Archery Championships
Lifeboat assists stricken yacht off Calf of Man
20mph rollout continues as DoI 'refines approach'