Wednesday, June 27, 2012

How To Make Money From Home For Kids


Newspaper rounds and lemonade stands are out - today's children want to earn money on their weekends and school holidays from home, using the skills they have gained at school. But should we allow them to, for instance, work on a computer?

There could be problems, such as neglecting school work or spending yet more time on the computer, but as long as you keep an eye on them, these problems should be avoidable.

It is important to encourage any desire for financial independence, not to mention entrepreneurial spirit, in our kids, as it will give them massive advantages in their adult life. If they learn, early on, the value of money, and the work involved in earning it, they will become less frivolous, and will even be more understanding when you say that they can't get a new iPad or a new bike for Christmas, because they are too expensive.

You may even ask them to contribute a token amount of what they earn to the household budget. Even a few dollars would teach them important lessons about the world they are growing up in.

What kind of work can kids do from home?

Do you have a technophobic friend who dreams of writing a novel but won't dare to turn on a computer to type it up? Get the friend to write it by hand, or record it onto a dictaphone, and get your son or daughter to type it up, and format it on the computer. They could be paid a small price per 1000 words.

Is your son or daughter crafty? Do they love knitting cute characters, creating stunning clay pots, or doing photorealistic paintings? They could open an Etsy shop. Etsy.com is a marketplace for all things handmade, and they stipulate that children can have etsy accounts, as long as they have "the permission and supervision of a responsible adult (parent or legal guardian". Your child could create artwork, list it for sale on etsy, then package it up carefully and post it, when an order arrives.

Do any local businesses do mail-outs? Ask them to call your child when it's time, and they can help with envelope stuffing, and envelope labeling, for a fee.

Do you, personally, have a chore around the house that you particularly despise? There's nothing wrong with saying, "Darling, I'll give you $2 if you'll just...", and then sitting back for half an hour while they do the ironing, or clean out the oven.

These are just a few ways for kids to make money from home. To determine the way that will suit your child the most, talk to them, discuss their interests, and see whether, between the two of you, you can come up with a job which is the perfect fit. How to make money is an eternal question for everybody. Doing it from home, as a kid, adds further limitations, but it is far from impossible. With a bit of creative thinking and determination, they can be earning, learning about handling money and about business, and keeping out of trouble.



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