Tips for Kids on How to Make Money

Written by Madi Gaebler for Gaebler Ventures

Wondering how to make money if you are a kid? Here are some great tips for kids on how to make money. Cash doesn't come easy, but with our help, you'll get the money you want.

Kids are always wondering what they can do to make money.

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Naturally, it will take work and determination. Plus it's always good to plan ahead.

How much time are you willing to spend in order to get the money and what is it that you want to get out of the working experience? There are many different jobs kids can do but it all depends on what will work for you.

Here are some helpful tips on making money when you are a kid.

Picking a Way to Make Money When You Are a Kid

There are many jobs out there for kids of all ages. Some of these include baby sitting, lawn mowing, leaf raking, dog walking and many more.

When you're picking your job think of something you will enjoy. If you like babies, then maybe babysitting is best for you. If you enjoy getting down on the ground and doing some hard work, then perhaps yard work is good for you.

Managing Your Business As It Grows

Another thing to consider when choosing a job is how much time the job will take to do.

For example, if your job is mowing lawns, it will take you about a half an hour per job. Let's say you start out with two customers. Both of them want you to mow their lawn twice a week. You'll do one house on Monday, another on Tuesday, and because you're mostly free on Saturdays you'll do both of the houses on Saturday.

One day you're mowing a customer's lawn and your neighbor walk up to you and asks if you would mow his lawn. Of course, you accept. Soon, by word of mouth, your business is becoming more popular.

Soon you have 5 customers. Now you're spending five hours on your business each week. One of the best things to do if you're in the situation of having too much work is raising your prices.

This may prevent getting new customers and maybe one of your customers will stop asking you to mow their lawn but because the demand went up, you had to raise your price in order to not get too overloaded.

Of course, the other option is to say no to new customers. Or, if you really want to grow your business, you can hire some other kids to do the work. Pay them half the money and you'll get paid for doing nothing.

Special Tips for Babysitters

An important tip if you're going into the baby sitting business is to be prepared.

If you know the children are wild, bring something with you that will tire them out and try to keep them away from sugar.

If the kids love video games and you expect the parents will want to you to keep them away from video games, bring something fun that they will like and that everybody will enjoy, and keep them from thinking about their video games. Sometimes a good thing is to bring a good movie which keeps them occupied.

Make sure that they get to bed on time and make sure that they understand that when you say its time to go to bed, its time to go to bed.

The best thing to do when you're hoping to be asked to babysit by the customer again is follow their direction, because they're the people that are going to decide whether or not to hire you again. The key is to not do everything the kids want you to do. Especially if it's something the parents wouldn't like.

Don't let the kids overwhelm you. It is always good to be in control.

Madi Gaebler is an expert on kids and money. In her spare time, she enjoys playing soccer and spending time with her friends. Her website is FunkySnake. com.

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ways to make money for kids

While some parents simply give their kids an allowance, this teaches them nothing about the value of working. For this reason, it is advisable at some point to direct children to make their own money. This is especially important when they want to buy something far more expensive than they can afford with a regular allowance. This also teaches them valuable lessons about saving and managing money, as well as interpersonal communications skills. Although laws prevent kids from having regular jobs, this doesn’t have to stop them from forming their own business venture. There are several fun and easy ways to make money for kids.

Here are some of the best money-making opportunities for children:

• Babysitting – This is the old standby. It is most often engaged in by girls, but mature boys can do the job equally well. It is important, however, that the potential babysitter likes and is good with younger kids. They must also be responsible and know what to do in emergencies.

• Yard care – Outdoor work is a great way to make money for kids. If they are old enough to mow their own yard, then it is certainly safe for them to do so for friends and neighbors. Many adults would be happy to pay someone to mow so they can enjoy a weekend afternoon for a change. Other yard work includes planting, weeding, raking leaves, or shoveling snow.

• Lemonade stand – The lemonade stand has been a popular business for kids for decades. Lemonade is cheap and easy to make, but indispensible on hot summer days. Besides lemonade, they can also sell snacks for a few more easy dollars.

• Carwash – Washing cars is a simple job that children can do well. It only requires a bucket, sponge, towels, soap, and water. This is a great buddy job because it is faster and more fun to do it together with a friend.

• Dog walking – Not everyone has time to walk their dog. This is a service needed daily by some people. If a child loves animals, dog walking can be both enjoyable and profitable.