Ker-ching! Children’s pocket money has reached its highest level for nine years, according to an annual survey that has been running since the 1980s.
Children now receive £6.55 per week from a parent or guardian on average, an increase of six per cent compared to last year, according to Halifax. But there’s a gender gap, even at this age. Parents gave boys 13 per cent more pocket money every week than girls in the past year with the gender gap growing from 2 per cent the year before.
Halifax’s survey, which involved more than 1,200 children and 575 parents, found boys between eight and 15 received an average of £6.93 a week, with girls getting £6.16. It means both sons and daughters have seen their pocket money reach the pre-credit crisis levels of 2007.
Perhaps not surprisingly, the survey also found the traditional dissatisfaction with the handout with about 40 per cent of children saying they should be given more.
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