10/09/2012 13:54 BST | Updated 22/05/2015 06:12 BST

Girls Receive Less Pocket Money Than Boys The Same Age

Girls get less pocket money than boys the same age PA

When it comes to dishing out pocket money we've given our kids a pay cut this year, according to the Halifax bank. Its annual pocket money survey shows this year's pocket money payout is taking a dip with many parents feeling the financial squeeze.

The average pocket money pay packet for eight to 15-year-olds is £5.98 a week, that's a drop of 27p a week, (nearly £15 a year), compared to £6.25 in 2011. And compared with pocket money's all time high of £8.37 back in 2005 rates have fallen nearly 30 of boys compared with 75 of children admit to keeping their cash in a bank or building society; which even with today's poor savings rates; still makes more financial sense than sticking it in a piggy bank.

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