I started making money when I was 12, babysitting. If I were to give my pre-teen self tips for earning extra money, I’d encourage myself to go into business for myself. I’d tell myself to start a blog! If you like to write, read How to Stay Motivated when You’re Starting a Blog.
Finding ways to work for yourself is the best way to make money, whether you’re a teenager or older adult like me. Entrepreneurs are adventurous and creative, and enjoy the challenge of finding different ways to make money! Most of the money making tips for teenagers on this list are entrepreneurial in spirit, but many involve earning money the old fashioned way.
Making money when you’re a teenager and feel like you can’t get a “real” job may require a bit of creative thinking…
How kids can learn the value of money by working
There is something to said about earning a dollar versus giving someone a dollar. Whether it is chores or an actual job, when a child earns money they begin to develop a respect for money.
Given the importance of financial skills in life, it is important to begin teaching money lessons early on .
Some simple money lessons that kids can learn are:
- Waiting to buy
- Understanding that money is a limited resource
- Money can grow by saving it
These simple lessons will be beneficial not only when you child begins making money but also as an adult!
Benefits of kids making money as an entrepreneur
Of course the first benefit is having your own money. However, making money as a kid provides a laundry list of other life skills and education that is important.
Becoming a teenage entrepreneur will teach you:
- Value your time
- As a entrepreneur you will quickly realize that time is your greatest resource.
- Always learning
- The more you know, the more your time and expertise is worth.
- Create a vision and plan
- In order to become a successful kid entrepreneur you are going to need to have a clear vision and plan to see it through.
- Just do it
- Nike’s famous slogan applies here. Don’t be afraid to take the leap and start making money now.
Not Being Consistent
People often think that marketing campaigns that last a couple of months can do wonders for them. This often happens once startup owners realize their sales aren’t where they thought they would be and that they are simply not attracting new customers quickly enough. In such situations, they reach for marketing and they think that a slapped-together two –month campaign will save them. But it won’t.
Doing startup marketing in bursts is simply not a good idea. Marketing a startup should start with creating a brand with all its intricacies, doing some digital marketing, and even taking advantage of the more affordable traditional marketing.. These things take time and trying to rush it will get you nowhere.
What You’ll Learn
- How to make money as a teen online
- The ups and downs to using Fiverr
- What types of gigs you should have for sale
- How becoming a higher level seller is beneficial
- Quick techniques to get your gig ranked and selling
- Other ways of making money with buyer requests
Buyer Requests – A Secret Gold Mine?
Buyer requests are jobs buyers post that they can’t seem to find being sold anywhere in the marketplace. Fiverr only shows you requests similar in category to any gigs you already have for sale.
You can bid on these jobs and describe what you’d do and give a price sort of like a freelancer site.
Buyers will also post their maximum budget to help you gauge whether or not it’s worth your time bidding.
Searching through these and bidding could be an easy way to get a couple additional sales each month, but what if you could do more?
If you keep finding the same type of job being posted that you’re sure you can do it means there’s a demand for that with no suppliers. You could easily dominate the market!
For Younger Kids
Right now my kids are still young(ish) at 7 and 8 years old. These are things we do or have done for them to earn extra money.
Have a Lemonade Stand
One of the most classic and perhaps, favorite among young kids is the lemonade stand. If you have a high traffic area where your kids can sell lemonade, cookies, cakes, or really, anything this is a fun option.
As a bonus having a lemonade stand will also teach your child math and customer service skills.
Sell Old Toys/Clothes
If your child is ready to let go of some of his belongings why not have him help you sell them? Sorting, organizing and then selling can be a fun project for you to do with your younger child. (If you have an older child they can still do this and you can take a slightly more hands-off approach.)
Here are some of my favorite places to sell kids clothes.
Perform Age Appropriate Chores
Chores – they may be boring but they’re still a way for kids to make money.
At my house my kids do NOT get paid for all chores. They’re expected to do the basics like keep their rooms clean and pick up after themselves. However, when they’re wanting to earn some extra money I’ll give them extra chores.
These chores might include:
- Watering Flowers
- Sweeping/Mopping Floors
- Folding a Load of Laundry Every Night
- Cleaning Bathrooms
- Loading Dishwasher Every Night After Dinner
The chores and pay that you give your kids will vary depending on age and complexity.
My one big tip is not to overpay your kids. Ultimately what you pay your kids is up to you. However, if you give your kids way more money than a chores is worth (let’s say $20 for watering flowers) then that’s what they’ll come to expect from you every time they do a chore. If you pay a reasonable rate from the beginning your child will have better expectations in the long run.
Grow a large garden? If so, you can set up a produce stand.
Even if you don’t normally garden you could set up a small garden this year with the help of your child and see if you get enough yield to sell extra. This can be a fun process for the family even if the garden flops.
Another tried and true way for kids to make money is by recycling! It doesn’t take much for kids to collect aluminum cans but doing so can give them a sense of pride and a way to earn a little cash.
For Older Kids/Teens
Older kids or teens might not be so into setting up a lemonade stand…. However, there’s plenty more ways for older kids to make money!
If you are a teen or a parent of one here are some money-making ideas. (If you are a teen reading this please get your parents’ permission before trying any of these ideas!)
Babysit/Be a Mother’s Helper
For older, responsible teens babysitting can be a fabulous way to earn extra money. If you can set yourself up as reliable and responsible babysitter you’ll be in high demand. Parents are always looking for good babysitters they can trust.
Mowing lawns is a great way to earn some extra cash in the summer. You can offer your services to your neighbors and have friends and family members help you locate new clients.
If you’re really dedicated to it you could some serious money with a landscape business this summer.
Along the lines of mowing lawns we also have shoveling snow. This is another service that can be offered to neighbors and family members.
Do you excel in a certain area of school? If so you can offer tutoring services. You can do this in person or online at place like Enroll if you are at least 15 years old.
Animal lover? Walking dogs or even pet sitting could be a great way for you to earn extra money. If you establish yourself as dependable and responsible you could build up a great business.
Manage Social Media for Businesses
Many small business owners are clueless as how to run their social media channels. If you’re good at social media you could make a nice income providing services to small businesses.
When it comes to selling stuff there’s really a lot that you can do.
First off, you can go through your old items and try selling them online. This, of course, will only earn you money one time around.
The second option is to help family members sell their stuff online – this is a great service you can offer to not so tech-savvy family members. (Just make sure you ALWAYS have a parent with you when dealing with and meeting potential buyers.)
Your third option is to find things at yard sales and thrift stores and try selling for a profit on sites like eBay.
If you’re into cleaning and pay attention to detail then cleaning and detailing cars could be a good fit. If you do a good job you shouldn’t have a hard time finding additional clients.
Online Options (13+ Years Old)
Looking for online options? Here are some easy ways to earns for kids who are 13+. (Parents’ permission will be needed for all of these!)
Search & Watch Videos with Swagbucks
Swagbucks is a site that rewards it’s users with “SB.” These SB’s can be cashed in for gift cards or Paypal cash.
There are several ways you can earn with Swagbucks. You can use their search engine (just like you would Google,) complete special offers, take surveys, watch videos, play games and more.
Swagbucks is one of my favorite easy ways to earn online and is 100% legit. You can sign up here.
Complete Offers with CashCrate
CashCrate is another fun and easy way to earn. With this site you can get paid to try new products and services, participate in research surveys, shop online and refer friends.
You can sign up with CashCrate here.
Become a Reviewer with Slice the Pie
Slice the Pie is a company that pays reviewers to review music, clothing, commercials and more, all before they’re released to the public.
The pay you receive from Slice the Pie depends upon how detailed of a review you leave. You can also earn extra money by referring your friends. You can sign up here.
Help Your Kids Sharpen Their Earning Skills
Whether your kids are younger or older there are plenty of ways for them to earn.
By helping your kid start her own business or looking for easy ways to earn you’re helping to teach entrepreneurial and money management skills that can last a lifetime.
What ways have you helped your kids earn money?
Photo Credit: ruthblack and oksun70