Ways Kids Can Make Money

Are you tired of asking your parents for money to go hang out with your friends? Or buying your own candy? Because trust me, I’ve been there!

That’s why I got you! So here are some kid-friendly ways you can start building your wealth:

Do Chores for your House (and the Neighbourhood)

If you haven’t already had this conversation with your parents, doing chores is an easy way to earn some quick cash. Vacuuming, doing the dishes, and taking out the trash are just some of the daily chores that could be done.  

Now, I know not all parents use their children as employees but that’s why you have neighbours! (With your parents’ permission, of course), you could do yard work, walk the dogs, babysit, or even offer to run an errand from the shop.

Learn A Skill

If you are interested in learning something new like doing nails, painting, or even cooking, I say go for it! Then when you get good at your skill, you can start charging people for your services! Then as a pro, you could also take it a step further by selling classes to teach your skill. It could be with your friends or even setting up a YouTube or TikTok channel and uploading videos. 

Sell Clothes/Junk around the House

If you have any old clothes or your parents need help getting rid of things around the house, selling them online is an easy way to make money. Sites like Ebay, Poshmark and Facebook Marketplace (okay, I know GenX doesn’t use Facebook so ask your parents *smiley face emoji*) are some good places to start. 

You can also buy cheap items online to flip and sell. Things like shoes and furniture could really sell for some big bucks! 

Invest With a Trust Account 

I mean, this one should really be number 1! But seriously, even starting off small has the potential for big rewards. Investing comes with risk, do your research, think long term and you can start building your wealth for your future!

So that was a general range if ideas but here are a few more unique ways:

  • Selling candy/snacks at a sibling’s sports game
  • Recycle old aluminium cans and glass bottles
  • Make and sell slime
  • Become a tutor
  • Take surveys
  • Host a yard sale
  • Be an app tester

Knowing the value of work and managing money is a really important skill to have in any career. With your parent or guardian’s permission, getting started on your money making journey is a great way to prepare for the future!

I am not a financial advisor and my comments should never be taken as financial advice. Investments come with risk, so always do your research and analysis beforehand.

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