Children's communion cash haul rises to €520
THERE has been a huge increase in the amount of money given to children for their First Holy Communions.
New figures show that young boys and girls got an average of €521 each last month to mark the ceremony. This is up almost €100 from the amounts received last year.
An Ulster Bank survey shows that around one-third of the money is spent on the likes of electronic games, toys and clothes.
Just one in 10 of the communicants saved the money they got, according to the research carried out for the bank by Empathy.
Although the amount of money given is up 21pc, parents spent an average of €713 on their child's communion this year, a slight decrease from last year.
The Ulster Bank survey shows that €163 was the cost of the outfits for the children. Outfits for other family members cost around €190, up on last year.
Parents are now spending less on parties, which cost around €291 in 2013, while children's entertainment cost €69, down 20pc.