Monday, December 20, 2010


How to Earn Money (for Kids)

from wikiHow - The How to Manual That You Can Edit

We all know making money as a kid is hard, so follow these tips and in no time, it will be raining money for you. It won't be easy, so get permission before you do anything your parent won't approve of. Examples clean bathroom's wash windows and cars take out the trash wash dishes help with laundry lemonade or hot choclate stand or walk around the block looking for spare change.

Steps

  1. Work for someone else. Advertise your availability to the neighborhood. Make up some fliers and stick them to the neighbors front door, but don't be intrusive.
  2. Do extra chores for your parents (dust furniture, vacuum, sweep floors, scrub windows). Negotiate the best deal you can, maybe one fourth what they might charge for professional service.
  3. Mow lawns. Charge different fees depending on the size of the yard.
  4. Sell some of your things that you don't want.
  5. Walk dogs. They love it, and it would really help out the owner.
  6. Babysit smaller children. Take a babysitting course if you need it.
  7. Look after the neighbor's pets when they go off on vacation.
  8. Clean the houses of trusted neighbors.
  9. Sell lemonade on a hot summer's day. See How to Make Lemonade, How to Open a Lemonade Stand
  10. Wash cars and bikes.
  11. Ask your parents if you can have a few friends over and go to the flea market and set up a booth and sell items there.
  12. Hire others to work with you. Organize a car wash or sell tickets to a talent show.
  13. Invest your money to work for you. You will need the help of an adult to set up the accounts, but when your money works for you, it never takes a holiday.
    • Earn interest with a savings account.
  14. Setting up a lemonade stand is a classic money-making option. You can buy lemonade mix for a low price. It usually makes about 30 glasses, and you can sell each cup for about 50 cents!
    • Set-up a bake sale
    • Give your unwanted clothes to a consignment shop. (Make sure they're decent!)
    • If you have been collecting lego's or action figures and you are bored of them, sell them.
  15. Recycle! if you see things like cans or newspaper lying around and no one is using them just ask your parents if they will go to the nearest recycling plant and give you the money. Not only is this good for the enviroment, it's good for your piggy bank!

Tips

  • Charge reasonable prices.
  • Ask for help when you need it.
  • Return money if you promised to do a job but couldn't get the job done.
  • Decorate your area to make it look more pleasing to your customers.
  • Be willing to work for little pay.
  • Giving free samples to your friend to spread your fame (you should do this before you start your business, unless the item is to be consumed) where they can display it is a good idea.
  • Put some offers in your shop, for example, Buy One Get One Free, 2 for $10 etc.
  • Ask around to see what jobs are open first. If the town already has tons of dog walkers and car washers, try something else.
  • Know that not everybody wants everything, so be patient, and if they say no. Still be polite.
  • Be polite with customers, don't force them into doing things they don't want to!
  • Try your best and always leave them wanting to come back again for more.
  • Make sure you have your parent's permission for any job you do.
  • Always be polite.
  • Ask your friends to help. You'll have to split the profits but it will be more fun and the time will fly by.

Warnings

  • Avoid dangerous neighborhoods.
  • Some schools don't allow you to sell there. Check your school rules to see what you can or can't do.
  • Have an adult with you or to help you.
  • If you get caught selling sweets in school, you could get a detention!
  • Make sure you ask your parent or guardian before starting to work.
  • If your child wants to do one of these activities, don't leave him or her alone outside. Keep an eye on them.
  • Be careful. Some strangers want to go into your house or invite you to go into theirs. Never accept these invitations and always have a parent watching you. (It's a good idea to sell at noon when the town/city is busy. More people can buy from you and defend you from bad people.)
  • Don't do anything to the people's food or any of the objects that you are selling.
  • If item is used you must reduce the price, especially if it comes with no manual, has scratches and if you put it in a random case.
  • Remember, if you are selling anything, don't expect that you'll make the money that you wanted.
  • Think very carefully when buying stock, it might not be the best choice of making money.
  • Try not to sell something a lot more than you bought it for. For example if you buy a $80 table don't sell it for $500.
  • Be careful talking to strangers; preferably talk to strangers only in the presence of an adult guardian.
  • Make sure your parents are okay with it.
  • Don't do anything dangerous, like climbing roofs to clean gutters or trimming tree limbs.
  • Be careful where you do things, make sure you are in a safe place with an older relative.

Article provided by wikiHow, a wiki how-to manual. Please edit this article and find author credits at the original wikiHow article on How to Earn Money (for Kids). All content on wikiHow can be shared under a Creative Commons license.

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