A survey from Nationwide Savings has found that 46% of parents of children between the ages of four and 16 have said that they have taken money from their children's piggy bank.
In the past 12 months, the average amount taken was reported to be £21.41 while 10% have admitted to taking £50 or more in the same period.
And it seems mums are the main culprit however dads are more likely to take bigger amounts that mums.
With the most money taken between January and April, it seems the Christmas period may have parents short on a little cash making them dip into their children's piggy banks.
The money is being used for different things but the most common reasons were to pay school lunch money and paying a bill.
11% of those used the money for school trips and the same percentage used it for parking.
While 12% of the piggy bank raiders used the money for other things - bus fares, hair cuts, fuel costs and even tooth fairy money.
However, 93% of parents said they put the money back afterwards and thankfully only 39% of children even noticed it was missing.
