Halifax Pocket Money Survey reveals youngsters' soccer spending plans

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Halifax Pocket Money Survey reveals youngsters' soccer spending plans

A Halifax Pocket Money Survey has been released, which investigates the current spending habits of young people and teenagers and shows that the average boy is planning to spend £29.55 on World Cup souvenirs.

Girls are also intending to spend money on supporting their country – an average of £22.33 – and 12 to 16-year-olds are expected to spend £35.81 during this year's World Cup tournament, while seven to 11-year-olds will spend around £19.92.

Some 19 per cent of youngsters' spending will go on football shirts, 12 per cent will go on World Cup t-shirts, 11 per cent will go on England flags and ten per cent on football tickets.

Over a third of boys (39 per cent) intend to buy a football shirt of some variety, while just under a third of girls (27 per cent) plan to do so.

The Halifax Pocket Money Survey also revealed that 45 per cent of children plan to save up their pocket money in order to buy an expensive item if they particularly wanted it.

"It is encouraging to see that children have a positive attitude to saving and that solid habits are fostered early," said Peter Jackson, managing director of banking and savings at Halifax.

"Children are choosing to save their money in bank accounts so that they can afford expensive purchases, such as World Cup souvenirs and memorabilia."

Most youngsters are also very positive about England's chances in the World Cup, according to the survey, with 44 per cent believing that England will win this year's tournament.

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