The 3 Best Ways for Children to Begin Earning Money

18 Oct 2022

One of the best ways that children can begin learning the importance of knowing how to manage money is by earning their own money. Earning money is a valuable skill that can help kids learn the value of money and how to use it. In addition, it will help create a sense of independence for them, which can be very beneficial later in life. 

1. Selling used goods online

Take a good look around your room. I’m sure you can find something that makes you think, “Hey, I don’t really use that anymore.” Well, instead of throwing that item away, try selling it! For the past few years, online shopping has become increasingly more popular as we are living in the digital age. There are thousands and thousands of goods that one can buy new or used. Especially with COVID, the improvement of online shopping allows for people to buy almost anything and everything! So, you can start your own little business of selling used goods online.. There are so many different websites and apps that people can buy and sell products on such as Amazon, eBay, and Facebook Marketplace. For example, on eBay, you can sell almost anything ranging from clothes, shoes, electronics to collectors’ items, vacuum bags, and even old vintage teacups. It’s a great place for you to begin your own business adventure and develop entrepreneurial experience as you can begin understanding the importance of marketing, pricing, and, in general, working hard. You will also be able to develop your own niche and products that you are most passionate about that can further lead you to prosperity as an adult. 

2. Recycling Plastic

Plastic is used everywhere for all different kinds of things, and it will almost certainly be found somewhere in your home. As we all know, plastic is harmful for our environment, so it’s important to make sure that we partake in recycling as much as we can. Even better – it turns out that recycling plastic can be a great way for kids like you to earn money. Start by gathering plastic items around the house. This can be a very easy first step and it probably won’t be long until you’re able to gather a bunch of plastic. Next, use the Internet or even a phone book to locate the nearest recycling center. Transport the plastic-filled bins to the recycling center and collect payments from the recycling center in return for your plastic. Not only is this an easy way to earn a few bucks, but also helpful to the environment! 

3. Dog Walker

As many people know, one of the biggest responsibilities dog owners can have is making the time to walk their dogs. This is known as a struggle because many dog owners tend to barely have time to regularly walk their dogs. However, all creatures need exercise and it’s important that they are walked daily. Knowing this, if you know someone in your neighborhood with a dog, offer to walk their dog! Approach your neighbor and inform them that you’re saving up money and simply ask if they’re willing to pay you to take their dog for a quick walk on days they do not have time. If your neighbor says yes, you can begin earning some pocket money by doing something that will benefit not only the dog, but also the owner. Plus, what’s better than making money by spending time with cute dogs? 

Earning money at a young age is definitely a valuable skill for later in life because you will not only know how to do it, but you will understand that it does require hard work and is not easy to do. Also by making your own money, you will be able to know the value of your hard work and how to spend that money.