Most Kids Prefer Money Over Physical Gifts For Christmas.
A poll by NatWest Rooster Money of 1,000 children and parents in the UK found that most kids would prefer money over physical gifts on Christmas. This includes digital currency, such as Robux, Minecoins or cryptocurrency, of which 8% of parents admitted gifting to their children. Four in ten parents planned to give a physical gift card or voucher, with 22% set to write a check for their offspring. Researchers found that 32% of parents plan to give their children money for Christmas, 49% of whom said they will opt for cash under the tree. "With the range of digital options out there, the use of cash in our day-to-day lives is dropping, and that means we need to continually evolve how we engage and manage money with our children," said CEO of NatWest Rooster Money, Will Carmichael. The study found that 40% of parents prefer to give physical gifts, 56% of whom believe gifts their kids can hold feel more special.
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