Odd jobs mount up
Despite press reports that children spend all their time in front of TV screens or computer monitors, research has found that over a quarter of children aged 11 to 18 are earning almost £50 per month doing chores or jobs.
Babysitting and car washing were the most popular ways for young entrepreneurs to earn their money, with three in ten girls and a quarter of all boys saying that they could be paid for working.
Only three per cent of youngsters earned money by doing a paper round.
Steve Shore, head of Abbey Banking, commented: "The research shows that British kids are making the most of earning opportunities like New Years Eve and as a result, the 'odd job' economy is thriving.
"As well as giving kids a boost to their pocket money, this is a great way for parents to show their children the value of money and teach valuable financial lessons."
January 02nd 2008