Thursday 24th January 2008
Parents put aside less money for their children in the run-down from Christmas, it has been revealed.
Figures from Norwich and Peterborough show that February is the least likely time for Britons to add to their offsprings savings accounts.
Compared with an average monthly deposit of £112.17, in the second month of the year this slumps to £93.43.
However, both December and January witness an increase as cash given as Christmas presents makes its way into youngsters bank accounts.
Overall, August is the most popular month when it comes to saving for children, with £153.09 on average added to bank balances.
Meanwhile, credit report provider Callcredit notes that Friday January 25th is to see most Britons receive their first pay cheque in the run-down from Christmas.
But with the average wait having been up to five weeks, rather than the usual four, some consumers could find their salary arrives as cold comfort following a stretched festive period.
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