9 Ways For Kids to Make Money
The best way to teach a child financial responsibility is by encouraging them to earn and manage money on her own. As August begins and kids get bored, there are many opportunities for them to pull in some extra money.
Read on to learn all of the ways kids can make some extra money this summer.
Working It Out
One of the most fundamental financial lessons your kids are going to have to learn is about how you work for your money. Do your kids understand that every time you pull out a wad of bills or swipe a card to pay for a purchase, that money is directly linked to time you put in at the office?
Ready, Set, Go...to College
It may seem like yesterday when you were sending your child off to preschool. And now you’re preparing him for college!
The process of a child leaving home is a major milestone that is made extra complex because of the emotions it generates.
Do Your Kids Have Virtual Shopping Smarts?
Did you know that 73% of millennials questioned in a Bazaar Voice survey do all their shopping on their smartphones? It’s not surprising. The world of commerce is constantly becoming more digitized as retailers focus on improving their online presence to cater to cyberspace shoppers.
Beware of Scams! Give Your Kids Tools For Standing Up To Con Artists
The world is a big and beautiful place.
Unfortunately, it is also filled with unethical people who are trying to take advantage of the innocent and the naive at every turn.
Train Your Young Entrepreneurs
Your kids may be too young to know the first thing about running a business, but that doesn’t mean they can’t learn! Teach them all about scouting a market, creating a great business model and earning money with this fun and educational activity.
Talking To Your Kids About Taxes: How Much Should You Share
Your taxes are a major family expense, and at some point, your children will come asking questions about them. What should and shouldn’t you share?
Two of the main factors to consider are age and maturity level.
Turning Back to School Shopping into a Personal Finance Lesson For Your Kids
Most parents regard back to school time with a mix of emotions. On one hand, you’re sorry to see your kids go. Summer has been a great time to tackle projects together, build memories, and have fun. On the other hand, it’ll be nice to have the whole house awake and moving before noon again!