Ways for Kids to Earn Money

One of the best lessons you can give to your kids is to teach them how to earn money for their personal expenditure. This will teach them the importance and value of money and how they can manage their pocket money to purchase, as well as save for a rainy day. Many parents give too much of pocket money to their children, who spend it indiscriminately and then come rushing back to their parents asking for more cash. The best way to handle such a situation is to show them different ways for kids to earn money and give them some money making ideas.

Ways for Kids to Earn Money in the Summer

Your kids are having their summer holidays and they are driving you crazy, asking for money to go to the movies or camping with their friends. There are many money making opportunities for kids. Ask your kids to fund their own trips to the movies or camp by showing them various ways to make extra money.

Lemonade Stand
One of the ways for kids to earn money in summers is to start a lemonade stand. Ask your kids to decide upon a good location where he/she is sure to get a lot of thirsty and tired customers. One such good location is near a busy shopping mall or at the jogging track of a park or near a gym. The initial investment for a lemonade stand is quite low, as all you need are a couple of lemons, sugar, salt, water, clean plastic disposable glasses and a table. Your kids are sure to make money by selling lemonade to thirsty customers in the sweltering summer heat. If this venture is successful and you see that your kids are making a profit, you can help them to set a lemonade cart in local fetes and outdoor galas that generally take place during the summer holidays.

Garage Sales
Your kids might be having a lot of toys, books and clothes that they have outgrown and which is taking a lot of space in your house. The best way to get rid of these unwanted items and also earn some money out of it is to hold a garage sale. This is one of the best ways for kids to earn money, because they can also learn how much price to put on a certain item in order to have a profit. Ask your children to first make an inventory of all the unwanted items and then label each item with a price tag. They could set up their own table, displaying all their wares with their own cash boxes. To boost the sales of the garage sale, they can also combine it with a lemonade stand and a cookie counter. This is one of the best ways to make quick money for kids.

Baby Sitter
For kids who are responsible and are interested in small children, babysitting is an ideal summer job for earning extra pocket money. There are generally some very busy and harassed mothers looking for help to take care of their children, while they run some errands. Your kids can earn money by looking after the kids and by assisting the mothers in feeding, bathing and playing with the child. This type of job is fit for older responsible kids and the income from it is also satisfactory.

Arts and Crafts
If your child is creatively inclined and is good in making handicrafts, then he/she can sell them for getting extra cash. Ask your kid to first try to find out, what sort of decorations and crafts sell well and try to make those things which are sure to be sold. If it is potteries or bead jewelry, your child can concentrate on these things. During the times of holidays like Christmas and New Year, there is a greater demand for hand made decorations and personalized wrapping paper. Try to cash in on these times by making a huge batch of attractive decorations.

Pet Sitting and Grooming
If your family has a pet, then your kid is sure to adore pets and would like to spend time with them. Sitting pets for neighbors and friends is one of the fun ways for kids to earn money fast. Your kids can also groom the pets by helping the animals to take bath and brushing their coats. For all those kids who love their furry friends, this is a great way of spending time with them and also earning money.

Car Washing
One of the best ways for kids to earn money is to wash the cars of neighbors around the block. It requires very less investment and they can also be joined by their friends. This is a fun way to earn money and all that is required is some good detergent, buckets of water and a soft sponge. When neighbors see their cars sparkling after a car wash, they are sure to recommend the services of your child to other car owners in your neighborhood.

These were some easy ways for kids to earn money fast. For those kids who have a real entrepreneurial spirit, there are many ways for kids to earn money online. Making money online is as simple as filling up some online surveys for movies and video games. So there are many ways for kids to earn money and they need to find the right method that is most suitable for them.