Quirky World: Half of parents admit raiding kids’ piggy banks

Nearly half of parents admit to being “piggy bank raiders” who occasionally dip into their children’s cash to cover costs such as parking, takeaways, taxis, school trips and paying the window cleaner.

Some 46% of parents of children aged between four and 16 years old said they have taken cash from their child’s piggy bank stash, a survey from Nationwide Savings has found.

The average amount taken over the past 12 months was £21.41, while one in 10 (10%) parents had taken £50 or more during that period.