The FINANCIAL — Fewer parents are giving their children pocket money than in 2006, and they are increasingly careful about how much is given and how it is used.
In 2008, some 45 per cent of parents gave their children pocket money, down from 51 per cent in 2006. This is one of the first conclusions that can be drawn from the “parents and pocket money” survey conducted in July 2008 by the CSA institute for Crédit Agricole S.A. on a representative national sample of 503 parents with children 6 to 15 years old. The survey was conducted two years after a similar CSA survey conducted for LCL involving a sample of 502 parents with children 7 to 15 years old.
The “back-to-school” season is approaching and the question of pocket money is a hot topic for many families. Crédit Agricole, the leading retail bank among households in France, conducted this survey to measure changes in parents’ attitude to pocket money allowances in a tougher economic environment.
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