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Unique Ways for Kids to Earn Money
A lemonade stand may be one of the most recognized ways young kids earn
money before they're old enough to take on a real job, but there are
plenty more. From starting a business with friends to sell homemade
items, to tutoring or selling puppies, there are many more ways for kids
to make money than the traditional methods of mowing the lawn and doing
chores.
Start a Business
Many of these ideas are centered around starting a small business, but the Pavelka
family in Holdrege, Neb., has taken it to the extreme with more than 30
businesses started in 10 years. Their children, now ages 16, 14, 12 and
10, have had their own businesses since age 6, says their mom, Janita
Pavelka. The businesses have included dog sitting, sunflower seeds, soap, teaching guitar, selling puppies, horse boarding, candy, gift baskets, raising goats and selling Peruvian jewelry.
Write a Book
Elyssa Freitas Fernandez, 7, wrote a book about career choices, which her mother put together for her and printed. Fernandez has sold 100 copies.
Run a Vending Machine
When she was a teenager, Jill Hart's
dad owned a vending service and she joined him one summer on his
rounds, which required her to wake up at 4 a.m. He let her take
"ownership" of one of the Coke machines, which she checked and filled
when they went to that site, and she got to keep the profits. Doing this
requires a parent who has a vending service job, but it points out the
chance to learn to be your own boss at a young age and to learn from a
parent how to make money.
Help AD/HD Adults
Work as a "body double" for adults with AD/HD, attention disorder hyperactivity disorder, recommends psychologist Sally Palaian.
Such adults do a lot better if they have someone stand or sit near them
to keep them focused on doing difficult tasks, Palaian said. For
parents with AD/HD who need help sorting bills, for example, a child can
either help sort or can help by just sitting there, she said. A child
can also help out with paying bills, or other money activities for the
family.
Join With Friends
Atlanta fourth-grader Michael Starr, 10, has been doing extra chores
around the house and doing odd jobs around his neighborhood, such as
washing cars for $5, for years and has saved $700 for after-college
expenses. He's run a few businesses from home -- his latest called "AHA"
for A Household Answer where he does chores for neighbors such as pet
sitting -- but his best ideas come from working with his friends. Starr
and a few of his friends are starting a website to sell headbands
they're designing.
"A lot of the kids in our neighborhood are entrepreneurial, so when they
get together and play, they come up with businesses," said his mom,
Gail Starr.
Re-Sell Online
Azriel Kimmel, 13, finds things on sale at stores and then sells them on
eBay for a profit. Two years ago Kimmel saw a popular video game for
only $5 in a discount store and bought all 65 copies. He doubled his
money selling them online. Last year, during Black Friday, he saw a
netbook on sale for $85 and bought seven of them, selling them on eBay
for $150 each.
Amy Sanderson recently helped her 5-year-old son sell his Fisher Price GeoTrax toys on Craigslist for $120. he used the money, along with some Christmas money from his grandfather, to buy an iPod Touch.
Garage Sale
If selling toys they no longer use on Craigslist doesn't work, there's
always the standard garage sale. Every kid has at least a closet full of
old toys they don't play with, so they might as well make some cash on
them. Entrepreneur Ben Weissenstein, 20, started selling lemonade when
he was 4 and now sells garage sale business kits through his business Grand Slam Garage Sales.
Blog
A 10-year-old named Ayesha writes reviews of children's books on her website, and pays
other tweens and teens 50 cents to $2.50 to write reviews. She earns
money through ads and promoting children's books and services. She puts
45% of her profit back into the business, keeps 25% for spending money,
gives 5% to charity, and saves 25% for college because her mom couldn't
afford to contribute to her college fund during the recession.
Shovel Snow
Amy Smith, who blogs
about kids and money, says that her three sons, ages 13, 12 and 9,
earned $180 this winter shoveling snow in their neighborhood. Like
mowing lawns in summer, shoveling snow is a smart first lesson in
running a business. The boys don't have a fee, but ask for whatever the
customer thinks is fair, which Smith says gets people to pay more than
they normally would when cornered with a price.
Mistletoe
Heido Mylo of Venice Beach, Calif., sold mistletoe during Christmas when
she was a kid, and passed the idea on to her niece, 13, and daughter,
7. They go to the mountains and pick it from trees and bag it, then sell
it door-to-door or in front of stores with friends. They also connect
the mistletoe to wire to make mistletoe hats with the mistletoe hanging
in front of the wearer's head. They've earned $100 on a good day and use
it as spending money during Christmas.
If none of those catch your child's fancy before they're old enough to
apply for a real job, there are always neighbors to ask for chores to do
for money. As with everything else, there's help on the Internet with
setting up chores. The website 4Chores.com helps parents track chores and shows kids how to create fliers to help generate business.
Aaron Crowe is a freelance journalist in the San Francisco Bay Area.
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