Nationwide have called on the government to start pushing new initiatives to get children saving money to avoid debt problems in their futures.
The group say that those putting money away in their youth have a far greater chance of avoiding serious financial difficulties later on in life.
A spokesperson for the building society added, "To build a savings habit in younger people, Nationwide, which is one of only a few providers to offer both cash and equity Child Trust Funds, would like to see Alistair Darling encourage more parents to contribute to the funds."