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All the latest on kids’ earning, saving, and spending habits

The latest trends from our Pocket Money Index have revealed how kids have been getting a little more money confident with their earning, saving and spending over the last year. Here’s a taster of what you can expect 👇

Earning

Kids are working harder than ever to top-up their income by taking on extra chores – and parents are stepping up too. For the second year in a row, mowing the lawn remained the highest paid chore coming in at £3.68 per job – an increase of 21p on last year’s rate.

Saving

6 year olds were the biggest savers last year – stashing away 31.4% of their pocket money on average.

Spending

Supermarkets and grocery stores continued to see the most frequent spending amongst kids, with Tesco beating Co-op to first place as the brand with the most transactions this year, with Greggs and Morrisons also joining the list.

And there’s a whole lot more to discover

From the highest paid chores, all the things kids are saving for the most, and the top 10 places kids were spending – find out everything you need to know in our Pocket Money Index.

Get the latest

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The reassurance you need

The independence they want

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