Parents pinch pennies from piggy banks

Tsk tsk tsk – now, it’s your parents that you have to watch out for!

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.

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.