parents adapt to cost of living pressures

picture of chris payne with his children teaching them how to save

Children's piggy banks hit as parents adapt to cost of living pressures

  • Average weekly pocket money is down 23 per cent year-on-year from £6.48 to £4.99, new research reveals
  • Mums and dads are feeling the pinch most from increasing energy and food bills; half would rather sacrifice spending on their own leisure activities to protect pocket money
  • Halifax reveals the economic impact on pocket money over last 35 years

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