About

Easy Ways for Kids to Make Money

Contributor
By Christa Miller
eHow Contributing Writer
Rate: (0 Ratings)
Piggy Bank
Piggy Bank

Your child may beg you to buy him new toys, be bored during the summer or not understand the value of money. A few easy ways for kids to make money will help them learn the correlation between work and monetary reward while they are young. Once they have earned their own cash, teach them how to budget, save and spend.

    Selling Lemonade, Cider, Snacks

  1. Depending on the time of year and your child's skills, he may do well with a stand to sell drinks and snacks such as lemonade and cookies (summertime) or cider and donuts (fall). Find an area with high foot traffic, such as a fair, yard sale or near a pool. Make sure to get permission from the owner or event organizer before letting your child set up a stand.
  2. Baby-sitting

  3. Babysitting is a reliable money-earning choice for an older child who loves interacting with younger children. If your child is not yet old enough to baby-sit alone, he could be hired as a "mother's helper" for things such as household chores or feeding and playing with younger children. Your child can expand baby-sitting into a small business if he and one or more of his friends want to offer guaranteed services to nearby families.
  4. House and Pet Services

  5. Your child may offer to pet-sit and wash or walk dogs for neighbors. He could also offer to house-sit. This is especially helpful for families who will be traveling but need their animals and plants taken care of before the family returns.
  6. Yard Work

  7. Your child could ask neighbors if they need their lawns mowed, leaves raked, weeds pulled or snow shoveled. Talk with your child about setting a per project price to offer with his services. (Consider your child's age before letting him work with yard equipment such as a lawn mower.)
  8. Car Washing

  9. Washing cars is especially fun for children during the summer with their friends. They can create signs to put out on sidewalks, wave to people driving by, and share the car-washing duties under an adult's supervision. Encourage your child to set up a food or drink stand, too, for people while they wait for their cars.
  10. Tips

  11. -Be sure your child is interested in the service he plans to offer and that he knows he must follow through with the tasks.
    -Avoid letting your child go door-to-door unless you or another adult is with him.
    -Help your child come up with ways to front the cost of starting his business (with allowance or paying back to you with his earnings). Give him advice on how to fairly price his services.
    -Make sure your child is not overburdened by other activities or responsibilities, so he can keep his commitments to his "work."

Post a Comment

Post a Comment Post this comment to my Facebook Profile

eHow Article: Easy Ways for Kids to Make Money

Related Ads

Personal Finance
Mark P Cussen, CFP, CMFC,

Meet Mark P Cussen, CFP, CMFC eHow's Personal Finance Expert.

Get Free Personal Finance Newsletters

Copyright © 1999-2009 eHow, Inc. Use of this web site constitutes acceptance of the eHow Terms of Use and Privacy Policy.   en-US

eHow Personal Finance
eHow_eHow Business and Finance