<p>The pocket money of kids has jumped by 201 per cent over the past ten years, the New Generations 2011 study by Cartoon Network (CN) channel said.<br /><br />"The average monthly pocket money given to kids in the 7-14 years age group is Rs 280 (up from Rs 258 in year 2009) with girls getting as much as boys.<br /><br />"Around 35 per cent younger children under the age-group of 4-6 years also receive pocket money," it said.<br /><br />Altogether 57 per cent parents give money to their kids, up from 41 per cent in 2009.<br />In addition, 58 per cent kids receive gift money and the average annual gift money stood at Rs 845 in 2010 vis-a-vis Rs 567 in 2009 and Rs 306 in 2006, the study said.<br /><br />When it comes to savings, only 55 per cent kids who receive pocket money said they save a part of the amount.<br /><br />The average for girls was slightly higher at 59 per cent vs boys at 52 per cent.<br />Piggy banks was the most preferred way of savings, followed by keeping the amount with parents.<br /><br />Only 3 per cent the kids, however, save in post offices and banks, it added.</p>
<p>The pocket money of kids has jumped by 201 per cent over the past ten years, the New Generations 2011 study by Cartoon Network (CN) channel said.<br /><br />"The average monthly pocket money given to kids in the 7-14 years age group is Rs 280 (up from Rs 258 in year 2009) with girls getting as much as boys.<br /><br />"Around 35 per cent younger children under the age-group of 4-6 years also receive pocket money," it said.<br /><br />Altogether 57 per cent parents give money to their kids, up from 41 per cent in 2009.<br />In addition, 58 per cent kids receive gift money and the average annual gift money stood at Rs 845 in 2010 vis-a-vis Rs 567 in 2009 and Rs 306 in 2006, the study said.<br /><br />When it comes to savings, only 55 per cent kids who receive pocket money said they save a part of the amount.<br /><br />The average for girls was slightly higher at 59 per cent vs boys at 52 per cent.<br />Piggy banks was the most preferred way of savings, followed by keeping the amount with parents.<br /><br />Only 3 per cent the kids, however, save in post offices and banks, it added.</p>