Abbey Banking: Kids earning loads from odd jobs

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Abbey Banking: Kids earning loads from odd jobs

Wed 2nd Jan 2008

Children in the UK are undertaking a variety of odd jobs to earn a total of £700 million each year, according to research by Abbey Banking.

Some 27 per cent of kids between the ages of 11 and 18 are involved in doing odd jobs to earn extra money, the bank revealed.

The Abbey Banking study indicated that more girls than boys were involved in making money from odd jobs, although boys made more money per month than their female counterparts.

Steve Shore, head of Abbey Banking, said that the figures show children are "making the most" of various opportunities to earn, such as New Year's Eve.

"Now kids can maximise their hard earned money even more with our new six per cent current account," he added.

Previous research by Abbey Banking suggests that two-fifths of Britain's children who get pocket money docked at some point in 2007.

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