Children would rather save up for things than get into debt and are prepared to sacrifice their toys to help parents handle the recession, according to a survey for the What Money Means programme, an initiative to expand financial education in primary schools. But one in three of the 1,000 nine and ten-year-olds questioned by YouGov for the personal finance education group said their mobile phone was a necessity. The survey also found four-fifths of parents think it is important to have financial education in primaries.