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Christmas is a time of goodwill to all men so it shouldn’t be surprising to learn that the tradition of giving presents to children’s teachers is alive and well.

We did some research* and discovered that more than one in five people buy a gift for their kids’ teacher at Christmas. And that’s not all. One in ten adults – that’s equivalent to nearly 5.5 million people – said there is usually a class collection at this time of year.

Who are the most generous parents?

Looking across all the age ranges, Mums and Dads aged between 35 and 44 are the best present-buyers. More than a third of respondents in this group told us that they purchase a Christmas gift for their kids’ teachers, while 16% said there is generally a class collection to donate to.

Across the country, parents living in London are most likely to show their appreciation for teachers by giving them a gift. A third of people from the capital said they buy a present for one or more teacher in December, and 18% said there is a class kitty.

Lacking in the Christmas spirit

Of course, Christmas is also a time when budgets can be tight. People from East Anglia are the most likely not to fork out for a personal gift for a teacher, while class collections are least common in Yorkshire.

When questioned by thinkmoney, 15% of adults across the UK admitted that they don’t buy anything for schoolteachers at this time of year.

This the season to be jolly

While it’s not within everyone’s budget to set aside some money for a schoolteacher’s present, it’s good to know that many hard-working parents are able to squirrel a bit of cash away.

If you’re struggling to make ends meet this Christmas, why not have a chat with one of thinkmoney’s Money Managers? We’re here to help. While you’re at it, take a look at the thinkmoney Current Account - it could put you back in control of your finances. Find out how here.

*OnePoll questioned a nationally representative sample of 2,000 adults aged 18 and over between 28th November and 2nd December 2013. Figures have been extrapolated to fit ONS 2013 population projections of 50,371,000 UK adults.

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