The phrase “money makes the world go round” is heavily laden with meaning. Although not everyone agrees with it, there is truth in this statement, just try living without any coin. Even kids are always looking for ways to have extra cash. So how do you earn money as a kid? Here are some things you can do…
Work for Others
- Ask your parents to give you tasks at home for a reasonable price. You may offer to do the laundry or mow the lawn. Convince your parents by giving them a cheaper price.
- Offer help to your siblings for a small amount. You can help your younger sister with her homework, or clean your brother’s room.
- Start knocking on your neighbors’ doors. Tell them that you can mow their lawn or walk their dogs.
- Baby sit. Depending on your age, most people will allow you to baby sit their kids for as long as they know you’re reliable and can be trusted.
- Be a pet sitter. If your neighbor or someone you know is going to be gone for a few days, you may offer to care for their pet. Be sure to give them a price lower than what pet shelters offer.
- Deliver newspapers. When you’re not doing anything on the weekends, you may try to distribute newspapers in your neighborhood. Just be sure to wake up early.
Use your Creativity
- Create handmade jewelry and sell it to your friends.
- Make scented stationery out of recycled paper. Sell these to your girl friends, sisters, mom or your friend’s mom.
- Make greeting cards. People are always in need of greetings cards for different occasions.
- Bake cookies, muffins, brownies and cakes.
- Sell lemonade. This is the classic way of making money. Lemonade during the summer will sell fast.
Ask a Friend to be Your Partner
The more friends you can get to join you, the more money you will earn. It’ll also be so much fun.
- Host a garage sale. Gather up all of your old things and ask your friends to do the same (of course, you need to ask permission from your parents first). Make fliers and distribute it to people. Sell your things at a reasonable price.
- You may also ask your friends to join you in doing the other things listed above.
Make Your Money Work for You
- Ask your parents to open a bank account for you.
- Deposit your earnings in your account.
- You may also try to save your allowance and put it in the bank.
- Don’t withdraw your money unless it’s an emergency. Band concerts, mall-wide sales, new gadget releases don’t count as emergencies.
Being money smart as young as you are is good. Just remember to always be fair and not be too greedy. Sure, you need money for certain things, but there are a lot of things in life that money can’t buy.