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.
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. 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. 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. Stress the main points: Keep toys out of their mouths; keep them away from the stove; go where they go. Too many instructions will have your child zoning out.
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.
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.
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. 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. 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. Stress the main points: Keep toys out of their mouths; keep them away from the stove; go where they go. Too many instructions will have your child zoning out.
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:
Are you stressed out about your debt? Do you have a list of things you'd like to do if all your money didn't get sucked up by your debt payments? Learn how to legally eliminate debt on the Debt Smackdown website. Visit http://www.debtsmackdown.com for more tips & advice.
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