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Pocket money: Boys get 13% more than girls, survey finds | Pocket money: Boys get 13% more than girls, survey finds |
(about 7 hours later) | |
Boys received 13% more weekly pocket money than girls in the past year, a survey suggests. | |
Halifax's annual pocket money survey, which involved more than 1,200 children and 575 parents, found on average children got £6.55 - the highest level since the credit crisis began in 2007. | |
But while parents gave boys aged between eight and 15 an average of £6.93 a week, girls got £6.16. | |
Boys were also more likely to complain and ask for more, the survey said. | |
The 13% difference is up from just 2% last year, Halifax said. | |
The survey found about 40% of children thought they should be given more money - with boys more likely than girls to complain and think their parents should give them a rise. | |
Children are also becoming savvy savers, the research suggests, with a rise in the number of children putting cash aside up to 79% from 70% in 2015. | |
Almost one in eight (12%) now save all of it, up from 10% last year. | |
But they might be taking their lead from parents, with nine in 10 saying they encourage their children to save some of their pocket money. | |
'Reassuring' | |
The annual study - which has been compiled by Halifax since 1987 - shows that parents, on average, start giving their children pocket money between the ages of six and seven. | |
Giles Martin, head of Halifax Savings, said: "It's reassuring to see that the average weekly amount has reached a nine-year high. | Giles Martin, head of Halifax Savings, said: "It's reassuring to see that the average weekly amount has reached a nine-year high. |
"It's likely it'll be a few more years until we reach the dizzy heights of £8.37 in 2005 though, when we saw the highest average pocket money since our records began." | "It's likely it'll be a few more years until we reach the dizzy heights of £8.37 in 2005 though, when we saw the highest average pocket money since our records began." |
London children receive the highest amount of pocket money with youngsters in East Anglia getting the least, according to Halifax. |