Belfast Telegraph

First Holy Communion children need bigger piggy-banks

Northern Ireland eight-year-olds who are preparing to make their First Holy Communion in the coming weeks are set to rake in even more than their school friends did last year, according to a survey by financial institution EBS.

The research, which explored how the recession impacts on the tradition of giving money as a gift to children celebrating the sacrament, found that the total amount of cash handed over continues to rise year on year, despite the economic climate.

This year, children making their First Holy Communion are expected to receive on average £30.50 per financial gift, up 82p on last year and an increase of £5.7 compared to 2010.

Each child is expected to receive an average total of £278.

Belfast Telegraph

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