The credit crunch has been big news around the world in the past year, and it's no different for you.
More than six out of 10 children have been affected by the credit crunch, according to a Newsround survey.
Four out of 10 kids say their parents worry about money and a quarter of kids know someone who's lost their job.
And about nine out of 10 say they would give up something - like pocket money - to help their family.
Sonali went to Somerset to meet 12-year-old Shaun whose family have been having a tough time financially over the past few months.