Friday, September 26, 2008

Ways For Kkids to Earn Cash

Ways For Kids To Earn MoneyBy []Jenny Ford
Thinking of ways for kids to earn money before they are old enough to have a regular job can seem like a challenge.
Years ago, before child labor laws, it was so normal for kids to be working alongside adults that the very thought of looking for ways for kids to make money would have been ridiculous! Sometimes, the money earned by kids kept a family from starvation.
We live in better times now. There is usually plenty to eat, and we expect our kids to focus on their education, not support the family.
However, the school system in the Western world is highly geared to producing good employees. There are real risks if you leave your child's financial education to the so-called "education experts". Remember that the teachers, the inspectors, the administrators, the people who write the curriculum guidelines, and the politicians who make the laws about education are all, themselves, employees. Many of them have never been anything else.
It's up to parents to instill that good old-fashioned value of self-reliance, and encourage kids to get out and make money for themselves.
Kids can do all sorts of things to earn money. The only limit is your imagination.
Baking for busy working mothers
Collecting aluminium cans
Cleaning swimming pools
Letter-box leaflet drops
Running errands
Dog washing
Selling things on eBay
Making jewellery
Making My Space backgrounds
Collecting for charity on commission
Buying bulk candy and selling individual pieces
Entertainers at kids' parties
Exercising horses
Breeding rats (or other pets)
Comic book rental library
Toy rental library
Collecting lost golf balls
Washing cars
... and hundreds more!
Not so long ago, kids didn't need to look for ways to earn money, because 95% or more of the population were self-employed. People worked on their own farms, in retail, or in cottage industries. Kids grew up surrounded by commerce, watching the exchange of valuable services for money, and inhaling the principles of adding value and making a profit with their every breath.
These days, the majority of people depend on someone else's entrepreneurial spirit to generate revenue and pay them a wage directly, or they are indirectly relying on those same business owners because they work for a government funded by taxing the private sector and its employees.
With this shift from enterprise to job-seeking has come a corresponding shift from self-reliance to dependence. We have almost lost the ability to take care of ourselves financially.
Most people are expecting an employer or the government to take care of them when they can no longer work. Or, worse, they aren't even thinking about how they might survive financially beyond this year, this month, or even this week.
Basic entrepreneurship should be part of every child's education. But we can't expect the employees who teach in schools to pass on skills they don't have. As with the other crucial life skills like dental hygiene, eating right, and avoiding poisons, teaching the skills of money and business is very much the parent's responsibility. Help your kids to find ways to earn money, and build their skills for life. []Free book to download - Finding The Right Niche For Your Cash-Smart KidFree email course - Get Started! How To Start A Money-Making Web Site For Your Child
Jenny Ford is an expert in educating children about business and wealth creation. She is one of the founders of []Cash-Smart Kids.She holds an Honours degree in Psychology, a Diploma in Training and Assessment Systems, and an Advanced Diploma in Business Management. She is the mother of three young entrepreneurs, all of whom started successful businesses when they were nine to twelve years old. []Kids Money Articles Review by Jenny Ford
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Five Ways For Kids To Earn Money

5 Ways Kids Can Earn MoneyBy []Michael Geoffrey
Kids tend to be good little businessmen, willing to do whatever they can to make some money. The five tips in this article will help you impress upon your children the value of the money they earn.
1. Find work around the house. Apart from normal chores, additional jobs can be chosen based on age and what needs to be done to care for the home. Inventing some job just because a child wants to earn money is really no different from pulling cash straight from your wallet and putting it into the child's eager hands. Payment should be reasonable. For example, paying children forty or fifty dollars to clean out closets is not realistic, while ten normally would be.
2. Start offering a needed service in the neighborhood. Kids can start up lawn care services as soon as they are old enough to handle the responsibility. Parents, however, will have to help their children in making all the necessary arrangements. Putting services and fees on fliers and then delivering them around the neighborhood is a good first step. No doubt there is some potential clientele in the area, especially busy individuals and older folks. Keep an eye on the kids, but allow them to do the work, offering to help only if they really need it.
3. Create crafts to sell on eBay. Crafty kids can use the world of eBay to sell their creations. This also lets them get a taste of how business works and experience the work it takes to care for a real company. Parents can help children to open an account and then prepare to auction off their products by taking pictures and typing up descriptions.
4. Have them help monitor younger siblings. Even young kids can help parents in this way. A three-year-old can be watched by a seven-year-old brother or sister. Distinct from babysitting, kids can monitor their little siblings while parents complete some chores around the house, like cooking dinner or doing the laundry.
Don't confuse them with lots of rules. Just make sure they understand the important things. The younger child has to be followed and watched at all times, toys shouldn't be in their mouths, and they have to be protected from dangerous things in the home, like the stove.
5. Hold a yard sale. Selling clothes they don't wear or toys they haven't used in a long time is another way kids can earn their own money. Yard sales often kill two birds with one stone. The child will clean out his room while getting rid of clutter as well. As opposed to simply throwing sellable items away or uselessly filling the attic with them, a yard sale can be truly beneficial.
As kids learn about the value of money, they will progressively ask to do more work. These tips are a great place to start, but adding more ideas will help you help your youngsters grow to be financially responsible adults.
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