Business Standard

UK teens cost their parents 6,261 pounds a year

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Press Trust of India London
Parents in the UK are spending 6,261 pounds each year to give their adolescent offspring a comfortable life, a new survey has found.

The study of 1,000 parents of teenagers in UK found that an average of almost 61 pounds a week is spent keeping the house stocked with food for the hungry adolescent.

More than two-thirds of parents said their teenager eats more than anyone else in the house.

Between the ages of 13 and 19 each will cost their parents a total of 43,828 pounds, financial experts say.

Almost half of the money goes on food and drink. Then there are train and bus fares and the cost of fuel to ferry them around. Teens also get pocket money - an average 21.70 pounds a month, topped up with 20.82 pounds of 'loans' each month, the 'Daily Express' reported.
 

Six in 10 parents have had a row with their teenagers over the mounting bills.

"Children are expensive whatever their age but it seems once they hit teenage years they have bigger appetites and spend much of their time eating into the electricity bill with TVs, computer games and, in many cases, leaving lights and gadgets on when they aren't using them," said Andy Oldham, managing director of cashback site Quidco.Com, which published the survey.

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First Published: Aug 04 2013 | 4:55 PM IST

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