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.
Mums are more likely to raid their child’s piggy bank than dads — but dads are more likely to swipe bigger amounts of cash — the survey found.
The months after Christmas, when many families are getting their finances back on track, also appears to be the time when piggy bank raiders are most prolific, with many parents saying they tended to take money between January and April.
Some 15% of piggy bank raiding parents used the cash to pay school lunch money, while the same proportion also use it to pay a bill.
One in nine (11%) used the money for school trips and 11% used it as loose change for parking. One in 12 (8%) took the money to tide themselves over as they were broke.
A further 12% of piggy bank raiders used the cash for other purposes - with bus fares, hair cuts, petrol costs, paying the window cleaner and also using their child’s money for the “tooth fairy” being among these expenses.
And one in 20 (5%) parents who used their child’s cash spent it on a takeaway.
The vast majority of parents (93%) said they put the money back afterwards — and only around two in five (39%) of children noticed the money had disappeared.
Thirty-three lions rescued from circuses in Colombia and Peru have landed in South Africa where they will be released into a sanctuary for big cats.
The largest airlift of lions in history was completed as the big cats touched down at Johannesburg’s OR Tambo International Airport.
Jan Creamer, president of Animal Defenders International, which carried out the operation, said: “These lions have suffered tremendously.
The oldest ever rugby jersey to go on public sale could fetch as much as £20,000 at an auction next month.
The 1894 top worn by Welsh international Fred Hutchinson on his debut is one of 50 sporting lots going under the hammer near Cardiff. Auction firm Rogers Jones & Co say the shirt, which also comes with all of Hutchinson’s three Welsh caps, looks amazing and shows no signs of its 122-year age.
A home long believed to be former US president James Monroe’s Charlottesville residence in Virginia was actually a guest house built by the Founding Father, researchers said.
New evidence suggests the building that has been billed for decades as the home Monroe lived in from 1799 was actually a home he built for visitors two decades later. It is now believed the entirety of Monroe’s real home was lost in a fire years after he sold the property in 1826. Archeologists found the remains of that home during a dig last year. Historians hope the discovery will help them better understand Monroe.
Igloos for homeless
A church in Hawaii believes it has found the solution for the state’s ongoing homelessness crisis: fiberglass igloos.
The igloos are the latest idea in the islands as they struggle to deal with the United States’ highest per capita homelessness rate. Honolulu is using shipping containers to house some people, while others are pushing traditional thatched “hale” homes.
It is not the first time igloos or domes have been deployed for the homeless.
In Los Angeles, about 35 people lived in a cluster of them called Dome Village for about a decade.
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