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    Free Articles at Neutron Marketing Article Publishing and Distribution » Finance » Personal-finance » 5 Ways Kids Can Make Their Own Money
    5 Ways Kids Can Make Their Own Money

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    by: WilliamBlake
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    Word Count: 574

    Kids tend to be good little businessmen, willing to do whatever they can to make some money. The five tips in this article will help you impress upon your children the value of the money they earn.

    1. Find work around the house. These additional jobs do not have to include their usual chores. Resist creating a job just for them to make the money. This is the same as opening your wallet and handing the cash over to them. Examine what already needs to be done and choose an age-appropriate task. Asking what they need the money for can drive the fee paid for the service. Don't make it unreasonable, though. Cleaning out the closets may be worth ten dollars but certainly not thirty or forty.

    2. Start a needed service in your neighborhood. Parents have the responsibility of upkeep inside and outside the house. As soon as your child is old enough, they can begin a lawn care business. You will need to help them. Create flyers and deliver them door-to-door or put them in mailboxes. State your services and the fee. Elderly neighbors and those that are too busy to do the work make ideal clients. Monitor your child at each job. Only help when they need you to pitch in.

    3. Create crafts to sell on eBay. Your child may be the type that enjoys making crafts. If they have the knack, there is a market to sell their wares. EBay offers a no-pressure situation where kids can see business in action. Follow the policies for setting up an account. If they are too young, you may have to own the account. Take pictures of the items and assist your child in writing a description of them for a viewing audience. Selling on eBay introduces kids to the art of owning and maintaining a business.

    4. Enlist their help in monitoring younger siblings. A child of seven or eight is old enough to keep an eye on a three year old while you are in the house. This is not a babysitting job, but a monitoring one. If you need to cook dinner or finish some other household chore, hire your youngster to keep an eye on their brothers and/or sisters while you do so.

    Don't confuse them with lots of rules. Just make sure they understand the important things. The younger child has to be followed and watched at all times, toys shouldn't be in their mouths, and they have to be protected from dangerous things in the home, like the stove.

    5. Hold a yard sale. Selling clothes they don't wear or toys they haven't used in a long time is another way kids can earn their own money. Yard sales often kill two birds with one stone. The child will clean out his room while getting rid of clutter as well. As opposed to simply throwing sellable items away or uselessly filling the attic with them, a yard sale can be truly beneficial.

    Kids are hard workers. Asking for more work is a sign that they are learning how valuable money can be to their lives. These five ways to make money are a start. Add more of your own as you think of them.

    About the Author

    Before you choose debt consolidation to get yourself out of debt, you need to know whether it's your best choice. Find out what you need to know BEFORE consolidating your debt on the Debt Smackdown website at http://www.debtsmackdown.com

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