Making Money If You Are a Kid
How Can Kids Make Money?
Written by Madi Gaebler for Gaebler Ventures
Making money when you are a kid is easier than you think. There are many ways to make money if you are a kid. Here are some great ways for kids to make money.
All kids would love to have a little more money in their pocket to buy the things they've always wanted.
Many times, kids will even come up with large plans to make money that have too many responsibilities and, in the end, they give up.
So, the key is to start a business for yourself that is simple and that you know people will want.
You should definitely start a business that you will enjoy. If do what you love, you will love what you do...and you can make money at the same time!
If you are a kid, here are three great ideas on how you can make money. In the future, I might write some more articles on others ways kids can make money.
Starting a Lemonade Stand
On a hot summer day, everybody loves a glass of cold lemonade. The easiest thing you can do is to go to your nearest grocery store or convenience store and buy frozen or powdered lemonade. Powdered is cheaper, so you can make more money. Frozen costs more but it tastes better, so you might want to spend the extra money to get happier customers.
Make the lemonade and then set up your stand. This is very important to know. You must have a good location. If you live on a quiet street and do it in front of your house, you might find you don't get any customers. A much better place to be is at a train stop or a bus stop or on a busy street. Parks are also great, especially if there are events going on, such as a soccer game or other sport.
Sometimes, you can sell other things besides lemonade to make extra money. If you bake some cookies, for example, you can sell them to the delight of your customers.
How much should you charge? Start selling your lemonade for 50 cents a cup. If that doesn't work, you can lower your price. Of course, the price may vary based on where you live and even how hot it is on any given day. Also, the size of the cup and the quality of the cup can impact the price.
Don't forget to have a Tips jar, so people who want to give you extra money can. Put your money in a secure place, such as a box underneath your stand so the money will not blow away. Also, make sure you have change ready to give to your customers.
On a good day, believe it or not, you can make $100 or more running a lemonade stand. Not bad!
If you don't make $100 in a day, don't worry. Maybe you just need to try a new location, open up at a different time of day, or change your price.
Dog Walking
It is import not to attempt dog walking as a business if you are not comfortable with dogs. But if you love dogs, this can be a great way for a kid to make money.
To get a job walking somebody's dog, you need to let them know that you are available. Some ways to do include printed flyers or by simply knocking on their door. It's also smart to tell people to tell other people that you are available.
Usually, your customers will be on your block because people don't like to give their dogs to kids they don't know somehow. Always ask the owners to tell you as much as possible about their dog and its habits. It's very important that you get friendly with the dog, and it's smart to do your dog walking at the same time. Bringing a treat to the dog is a great way to develop a friendship with the dog.
You can charge $5 per walk if the walk is 30 minutes. If the owner wants you to walk the dog for an hour, you should charge $10 to $15.
The only downside to this business is dog poop. You have to be sure to bring a bag and clean up after the dog. Newspaper bags are perfect for this task.
Lawn Care
Lawn Care is a lot of work but pays off when its time for you to get paid. In order to run a lawn business you need materials. You should have a lawn mower and broom. Sometimes, the customer may offer for you to use their equipment. Once you've mowed the lawn, be sure to sweep up the grass clippings on the sidewalk.
Get Started To Day!!!
Once you make your plan, you have to stick to it if you actually want to make the money. Once you get your routine down, you won't have to do much more than actually doing the work.
It'll be great feeling to have money in your pocket and know that you earned it and won't have to beg your parents for money when you want to buy a drink, a piece of candy or a new song for your iPod.
Madi Gaebler is an expert on kids and money. In her spare time, she enjoys playing soccer and spending time with her friends.
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Do you know any other good ways for kids to earn money? Please give us your comments, tips and suggestions. Thanks!