PotreroHillParents.org

Say it isn’t so. Are Australian parents that hard up for cash that they sneak around and “borrow” from their kids?

Who’s to say this only happens down under, I wonder what a similar study would show right here in the US? At least they admit to spending it on necessities for the family.

SYDNEY (Reuters) - One in four Australian parents regularly “borrow” money from their children’s piggy banks to pay for anything from bread to luxury holidays, a survey said Wednesday.
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Mums are more than twice as likely to raid their children’s savings than dad, with 35 percent of mothers confessing to the crime compared with 16 percent of fathers.

But almost 9 out of 10 still believed they were setting a good example of financial management for their tiny tycoons.

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