Boys more optimistic than girls about future earnings

Primary school-aged boys are more optimistic about their future earnings than girls are, it has been revealed.
Research by Clydesdale and Yorkshire Banks has revealed what school children think about their job prospects for the future.

And when it comes to future earnings, it seems that some school children are more optimistic than others about how much they will be making.

ìIt is interesting to learn about the hopes of primary school pupils regarding their financial aspirations when they leave school,î said Steve Reid, Retail Director for Clydesdale Bank.

The research has shown that many primary school children do not hold out much hope for the future, with almost one in five predicting they will earn between £520 and £1,300 per year.

A further 16% of primary school kids said they hoped to be earning up to £50 a week, with another 16% aiming for £100 per week.

It was not all doom and gloom amongst school children, however. An optimistic 2% said they think theyíll be earning between £1,000 and £2,000 per week when they leave school.

The research also highlighted somewhat of a gender divide when it came to earnings predictions for the future.
It was found that 29% of boys believe they will earn between £100 and £1,000 per week when they leave school, compared to 22% of girls.

This could be down to boysí entrepreneurial spirit, as it was found that 22% of primary schoolboys believe they will earn money through starting their own business. This is compared to 18% of girls.

But when it comes to planning for the future, it is girls who have the edge over boys. When asked what they would do with a financial windfall, more than half of girls said they would save for university, compared to just 37% of boys.

If you want to help your child save for the future, you can compare savings accounts with Money Expert.

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