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Finance Personal Finance A Few Simple Ways You Can Help Your Kids Make Money
Finance Personal Finance A Few Simple Ways You Can Help Your Kids Make Money
| A Few Simple Ways You Can Help Your Kids Make Money |
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| Written by William Blake |
| Wednesday, 19 November 2008 18:33 |
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Kids are naturally keen on working for money. Many children will come to you and ask what they can do when they wish to make a few dollars. Here are some simple tips for teaching your kids how to make their own money. 1. Find work for them to do around the house. Do not include their regular chores in with these new duties. Don't create a job for them just so they can make money- you might as well just hand money to them. Take a close look at what actually needs to be done around the house and choose something that is appropriate to their age. Ask what your child needs money for. Make the job reasonable, and the amount of money earned in relation to the job, not out of proportion. 2. Help your child start a service business in your neighborhood. Once our child is old enough, they can begin something like a lawn care business with your help. You can create flyers and deliver them around the neighborhood, stating your services and fees. Elderly neighbors who have difficulty doing these things, as well as busy people make the best clients. Make sure to closely watch your child at each job, and only help when you need to. 3. Have your child create crafts or something else that you can sell on EBay. If your child enjoys making crafts, you can find a market in which to sell their creations. EBay is a great place to try selling things at no pressure, and where kids can watch the selling occur. Follow EBay's rules for setting up an account. If your child is too young, you may have to set up and own the account for them. Help your youngster take photos of the items, and help your child to write descriptions of what they are selling. Ebay introduces kids (and parents!) to the process of starting, owning and keeping a business. 4. Have a child watch their younger siblings. Children who are seven and up can help keep an eye on a younger sibling if you are nearby in the house. This is not technically a babysitting job- it is simply a monitoring one. When you are busy around the house or doing your own chores, hire your older child to keep an eye on their younger sibling while you do it. Be sure to remind them of certain things: keep them away from the stove, keep toys out of their mouths, etc. Don't give them too many instructions or your child is likely to zone out on you. 5. Hold a yard sale. If a child wants some extra cash, they can get rid of toys and clothing that they don't play with or can no longer wear. Enter the yard sale. Yard sales are an excellent way for kids to make a few bucks and clean their rooms at the same time. Instead of throwing away these items or storing them in the attic, let others derive the same benefit that your child received from them. Children can be hard workers if given the chance. If they ask you for work, it is a sign that they are learning how valuable money is, and that they need it. Try these methods to help them get on the road to making money for themselves. About the Author: Is your debt stressing you out? Do you have a list of things you'd like to do if you weren't putting all your money towards your debt? Learn how to legally eliminate debt on the Debt Smackdown website. Visit http://www.debtsmackdown.com for more information. Kindly provided by LJ-Marketing.dk You are welcome to use this article on your own website, if you include the link just before this text. |
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