Parents Downloading Concern

50% of parents do not allow their children to download online

Children are spending their pocket money on downloads against their parents wishes. 

An annual report has found 3 out of 4 kids download games, apps, tv shows, music and film despite half of parents saying they do not allow it. 

The Halifax Pocket Money survey also found 86% of 8 to 15 year olds have a smart phone and 60% own a tablet. On average they download three items a week with games the most popular item with 60%, apps at 58% and music at 50%. 

The average bill is £12.50 with one in ten kids saying they are expected to pay for this with their pocket money. 

Giles Martin, Head of Halifax Savings said: "It is clear that while today’s kids are super savvy when it comes to all things digital, parents still have concerns about their spending online. This is perhaps no surprise, when considering the multitude of shops and downloads available at the touch of a button.
 
Budgeting money is a great responsibility and parents need to make sure that by awarding pocket money they are also giving their children the tools to understand the importance of managing how that is spent. Our research shows that the majority of children save at least some of their pocket money, but it is also clear from the latest figures, that many are also spending online. What is not clear, is whether the bank of Mum and Dad is footing the bill."