Boys have been declared better savers than girls in a new survey with on average £50 more in their bank accounts.
High street bank Halifax said that the average boy under the age of 16 has £1,089 in a savings account, compared with around £1,037 for girls.
The bank said boys had more average savings than girls in three-quarters of local authority districts across the country, with the biggest difference between them being in Westminster, where boys have saved an average of £2,027, compared with £1,661 for girls.
It appears the older children get the more careful they are with money, with the figures showing the average teenager aged between 13 and 16 having £1,178 set aside, compared with around £1,024 for children aged 12 or below.
Those in Scotland and Northern West have the least savings, with about £875 and £961 respectively.
The group said children in London have the best savings balances at an average of £1,380, followed by those in Northern Ireland at £1,182 and the South East at £1,162.
Across the whole of the UK children have an average of £1,064 held in a deposit account.
Nitesh Patel, economist at Halifax, said: "There are wide variations in children's savings balances between regions", adding: "These variations reflect, to a large extent, differences in average earnings for adults across the country."
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