Friday, June 3, 2016

Boys get more pocket money as compared to girls in Britain


Boys in Britain get more pocket money as compared to girls. This has been revealed through the Halifax study that covered nearly 1,800 children in the age group eight to 15 and their parents. The findings were that they now receive £6.55 a week on average, up from £6.20 last year. Pocket money has, apparently, hit a nine-year high but the gender gap is growing - the boys get almost 12% more than the girls.
This has been reported in news.sky.com dated 3 June 2016.
At present, boys received an average of £6.93 per week and girls £6.16. The average pocket money payment had gone up to £8.37 in 1987 and fell to just over £8 in 2007 but, when the financial crisis hit in 2008, the weekly childhood earnings dropped to an average of £6.13.
However, in spite of getting more, the boys complain that they were not getting enough - 44% said their parents should pay them more, compared to 39% of girls. Another interesting aspect is the savings - the bank found that nearly 80% of current youngsters are saving some of their pocket money. In fact, one in eight save it all.
Children of London had the highest average pocket money rate of £8.21, up 7.3% on last year. In comparison, children in East Anglia received an average of just £4.96, down 11.9% on last year. Scottish children had the second-highest rate of £7.06, while children in the South East earned £6.83 a week and those in the North West got an average of £6.68.
While these figures relate to Britain, the logic and philosophy of pocket money in other countries would have remained similar - boys get more than girls and some of them save a portion of the money in banks.


Image courtesy wikimediacommons.org

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