Third of adults struggle with GCSE level finance
8 May 2014 Last updated at 12:22 BST
A third of adults would struggle to pass a GCSE in financial education, a study has found.
The Open University asked 2,000 adults questions about savings, the cost of a loan and tax at a GCSE standard.
They claimed that when the subject is included in the National Curriculum from September, parents may rely on their children to help out with household finances.
BBC Radio 5 live's Stephen Chittenden visited Essex and tested two volunteers, Molly and Frances, on their financial knowledge.