subject: Simple Money Making Ideas For Kids [print this page] Simple Money Making Ideas For Kids
One valuable lesson that kids should learn is that they need to earn their own money and some simple money making ideas for kids can aid you in teaching this. As a parent you are probably aware that kids constantly want things and ask for you to spend money on them. It really does not matter the age anymore and if you want your kids to have these things that they want then it is also important that you teach them the responsibilities that come along with it.
One of the biggest mistakes that many parents make is that they give kids money without making them work for it. A lot of people do this because they do not want their children being concerned with financial issues. The problem is that it can backfire greatly when your child grows up to think that they are an exception and do not need to earn money for themselves.
It is important that children realize that money has to be earned. This can be done in a variety of different ways. One simple way that you can do this is by basically giving your child a chore chart and awarding money as chores are completed.
There are a lot of great choices for kids who want a job and a way to earn money. A great choice for a lot of kids is a simple stand where they can sell lemonade. There is also the opportunity to be able to take campaign or sale fliers around the neighborhood.
If your child enjoys the great outdoors then they might enjoy taking care of lawns or having car washes. If your child is not into the outdoors then they could also have a bake sale or try out babysitting. Another option could be taking care of pets or simply walking dogs.
Another great think to think of with money making ideas for kids is the value of an allowance. This is one way that you can teach your kids multiple money lessons at the same while also getting them to pitch in and do work around the house. Plus it is a great way to help them understand the value of money as well and things like savings too.
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