Teaching children valuable financial lessons is important to help them establish good habits and make informed decisions later in life. Emphasizing earning money and saving is a key aspect of personal finance education.
Most kids have to wait until their teenage years for traditional jobs, but there are many opportunities for them to learn about money and help others at the same time. Here are seven ways for kids to earn money by doing just that.
Shovel Snow
With winter comes snow, and many neighbors may have trouble clearing their driveways and walkways. Offer to help by shoveling snow for a fee. This is an excellent way to earn extra cash, especially in areas with heavy snowfall.
Tutor Students
If your child excels in a particular area of study, they can offer tutoring services to struggling classmates. Some students need extra instruction or learn better from their peers.
This is a great opportunity for your child to earn money while helping classmates better understand the material and don’t fall behind in school.
Dog Walk or Pet Sit
Dog walking and pet sitting are successful side hustles for kids and teenagers. Offer pet care services to those who don’t want to board their pets while they are away. Feed and care for pets, walk dogs, and play with them. This is a perfect side hustle for kids who love animals.
Help The Out-of-Town Neighbors
While their neighbors are away, help out-of-town community members by taking care of their plants and collecting their mail and newspapers. This is an excellent way for your child to learn responsibility and help others.
Babysit
Pre-teens and teenagers can make money by babysitting for local families. There are likely families in your community looking for trustworthy babysitters for an occasional date night or event. Taking a child care and safety course can help your child better prepare for the job and make themselves more marketable to potential families.
Lawn Care Tasks
If your child likes to spend time outdoors and enjoys being active, consider taking care of lawn care tasks for community members. Many people are too busy or unable to do these tasks themselves. Offer services using provided equipment and tools, and set aside earnings to purchase your own equipment in the future to expand your business.
Help Elderly Neighbors
Older people often need support from family and friends. Your child can help by taking care of small household jobs and running errands for elderly neighbors. This makes a difference and helps elderly neighbors feel less alone.
Early Learning about Money is Beneficial
It’s never too early to learn about money. Personal finance topics are not usually a focus in school, but children can learn more about money through work opportunities. Gigs allow children to learn new skills while helping others, and develop essential money management skills before adulthood.
These seven ways for kids to earn money by helping others offer an excellent opportunity to learn about personal finance and develop valuable life skills. Teach your child these valuable financial lessons today and watch them grow into responsible, money-savvy adults.
