Help Kids Earn Money and Learn Responsibility

Parents are often stuck with saying "No" or giving in and fearing the lesson we are teaching the children. The constant questions from the kids of; "Can I have...? I really want...? Will you buy me...?" can get tiring and wear a family down. What if you could make a game of it learning the responsibility of earning money? Make earning money a family affair!

Even though kids are always begging for candy, toys, games, and whatever else their eyes see or their minds dream, there truly is Good News! As they get older, their wants and desires can be turned into a great way of teaching them responsibility.

Depending on the age of your child, laws prohibit children from being employed under a certain age. Those laws are there for very good reasons. However, that doesn't mean there aren't other ways for your child to earn some of their own money through their own efforts.

Although any venture with the kids does require parental assistance, the lesson the children will learn can be so huge! If they work to earn the extra niceties, it is far more likely they will sooner, rather than later, learn the true value of money.

lemonade/ kool-aid/ food stand- This has been a fun activity and a good way to earn money since we were little. All they have to do is make up some sort of beverage or some brownies and put up their little stand on the sidewalk in front of the house.

soda-can collecting- Most states have a recycle plant you can bring cans to and get a few cents a piece for them. Have them pick up cans around the house, or they can make a special trash can for everyone to put their soda cans in. You can also make a family day where the whole family goes and picks up cans at a park or any local public area. You would be helping the environment, teaching responsibility and helping them make a little money.

yard work- At whatever age you believe is safe, children can start to shovel snow, rake leaves, mow, water flowers, pull weeds, etc. When they become good at the family lawn, have them try one of the neighbor's yard work. After awhile, they can do lawn chores for people around the community. This can be great money if they work hard.

babysit- If your child is the oldest and you have younger children, let them babysit for you while you do household projects. When they get old enough and you are comfortable with their ability and experience, take short outings while you go to dinner. Again, with experience and ability, add a movie (it's a win-win!). If there are no younger siblings, let the neighbors know that you would like to help your child learn to babysit. Offer to have the neighbor child come to your home, under your supervision. Let the neighbor know that you will be there at all times but your child is practicing babysitting. Let them earn a little money while learning.

arts and crafts stand- Most kids have fun making arts and crafts, so why not make a little money for it? They can make greeting cards, bracelets, origami, pictures, or any other creative idea they can think of. Set up a little stand in front of your house. Kids know what other kids want and if they are good at it, let them sell their craft projects for 50 cents to their peers and neighbors.

pet sitting or walking- Let them start off with their own pets. Teach them the proper food and water responsibilities for the family pets. When they are more experienced and a little older, let them walk the pets, with you along. When you are comfortable, help them make a flyer for your neighbors announcing minor pet care. For a small fee, there will be neighbors who would truly appreciate some help with their pets.

garage sale- All children grow out of their toys and typically they are just shoved in a closet somewhere. Why not gather them up and put on a little garage sale and make some other child happy they got a good deal on a toy? You will get your house decluttered why your child earned some extra money.

Of course prices are a big part of these little jobs and it's a great way to teach them a little bit about a business. It all depends on how good of a job they do and how much effort they put in to their project while they are experiencing the responsibility of having to work for money. Doing little jobs like these is an essential part of a kid's life and a window of their adult life.

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Easy Ways for Kids to Make Money

Easy Ways For Kids To Make Money

There are a lot of easy ways for kids to make money, and in today's world, it is easier than it has ever been before. The internet and world wide web have opened up opportunities for anyone to make money with nothing but time and energy. This is especially true when asking about easy ways for kids to make money.

Kids know what kids want. The internet and the youth market is a great place for money to be made. As a kid, kids know what other kids are interested in and looking for and kids today spend more money and have access to more money than they ever have at any point in history .makeeasymoneyinfo.blogspot.com

By creating a website or finding products that pay, it can be very simple to find easy ways for kids to make money. Kids now days know more about the internet and computers than almost all adults out there. Building a website with information and products that kids want is a simple process for most kids. It's a a very easy ways for kids to make money.

The other way is to use the networks that kids build online. Chat rooms, myspace, facebook, and a million other social websites that kids use and create huge lists of friends all offer the opportunity for kids to make easy money online. Find products that your lists would buy and start letting them know about these products. Send them links and do it in ways that will cause people to send them to their friends.

There are lost of easy wasy for kids to make money, especially with the internet. Sharing information is the greatest use of the information. People want information about anything and everything you can think of. Use the steps offered at wealthylifesecrets.com and you will have money in your pockets in as little as a few days. Read More..

7 Things About Money For Kids

Did you know that many kids retire broke?

It's true. After a lifetime of playing and having earned literally hundreds of thousands of dollars, they end up with nothing.

So where did all their hard-earned cash go? The answer is, it passed right through their fingers.
While schools are great at teaching algebra, calculus, and geometry... how many of us learned about the basics of personal finance and creating financial security for ourselves?

The truth is, the earlier you learn to handle money, the more likely you are to manage it properly and live a prosperous life.

So why not provide a little home schooling for your family and teach them the basics? Here are 7 important lessons to instill in your kids about money:

1. Save something of what you earn
Acquiring the savings habit is one of the smartest things you can ever do.

If you're reading this now as a middle-aged parent, imagine how much you'd have in the bank today if you'd saved 10% of everything you'd ever earned.
(It's almost scary to think about, isn't it?)

Teach your kids to save a little of everything they earn.

2. Don't borrow what you can't pay back
Debt is one of the greatest social diseases of our time. The price to pay for the "have now, pay later" philosophy is that you certainly will pay later.

Debt imprisons you in a job you don't like, creates stress and anxiety in your life, and erodes your wealth creation program.
You will never become rich while you're in debt. Period.

Teach your kids the value of delayed gratification. "If in doubt, go without".

3. To give is to get
Managing money doesn't mean hoarding it and locking it away in its own purpose-built high security jail. It simply means being careful, spending wisely, and acquiring a regular savings habit.

Teach your kids that donating money to worthwhile causes is a noble thing to do, and that the money returns to you in more ways than you can imagine.

4. Money isn't evil
"Money is the root of all evil" and "filthy lucre" are phrases you'll hear banded around.
Ignore them.
Money actually brings enormous good into the world. For example:

- Creating wealth helps create jobs for others

- Investing in business helps to bring solutions into people's lives by way of innovative products and services

- Acquiring a great fortune allows you to donate more money to charity - or even start your own trust fund

Teach your kids that money is neither good nor bad - it's what you do with it that makes the difference.

5. If you don't spend much, you can't lose much!
One of the oldest wealth-creation maxims is, "It takes money to make money".

Unfortunately, it also takes money to lose money.
Teach your kids the value of caution when entering into financial affairs. And let them know that many self-made millionaires started with literally nothing.

6. Get the best price for everything you can
Your financial health is really the difference between how much you earn and how much you spend. It therefore makes sense not to pay any more money for something than you have to.

Teach your kids that bargain-hunting doesn't make you a "miser" - just a sensible individual.

7. The fast buck is your last buck
Sooner or later everyone gets offered a "surefire" method of making a fortune, whether it's the three-card trick, a once-in-a-lifetime investment plan, or some time-limited business opportunity only available to a select few...

Don't fall for too-good-to-be-true scams.
Teach your kids that wealth creation is a simple and timeless process based on common sense.
If you had learned the above principles when you were 10 years old, and had applied them every day of your life, would you be financially healthier today?

Teach your kids the timeless truths of acquiring and keeping wealth.

Knowledge truly is the most precious gift you can give. Read More..

Teaching Your Kids About Money

Vast majority of parents say they are good financial role models for their children but they may be kidding themselves. A new survey suggests that parents fail to pass along even basic financial skills to their teens, and that they are sloppy themselves in the way they manage money. And remember: Teens see everything!
There’s a real disconnect between what parents think is important for kids to learn and what they are actually teaching them. More parents teach their kids how to shop rather than how to save. Only one family in five involves their teenagers in family budget matters.

Here are some ways to be good role models for your kids and also to teach them the basics of money.

• Give them some
  An allowance is crucial to a child’s ability to learn to manage money. So is the leeway to make mistakes. Encourage them to spend some of their money on fun things, to save some for their own longer-term goals and donate some. When they spend it all on candy the first day, don’t bail them out for weekend movies.


• Match savings
  
  Offer to match the amount your kids set aside for the long term.


• Encourage them to play online games
  
  There are a variety of kid-focused calculators and money games on line.


• Make them work for it
  
  Teens should have jobs. Kids who work have more pride in them and much more interest in learning to manage their money correctly. They’re better savers, too.


• Model good behavior
  
  If your own credit cards are maxed out, that’s what your kids will think is normal. If you’re fixing the situation through belt tightening and extra monthly payments, do talk about that at the table. You don’t have to let your kids see your pay-cheque or know the intimate details of the family’s finances, but they should see you saving and investing, and talking about money in a way that is calm, healthy, and not fraught with emotion.


• Talk about family choices
  
  Instead of just saying ‘yes’ or ‘no’ at the supermarket or toy store, say things like ‘if we buy this today, we won’t have enough money for pizza night on Friday’ Have a dinner conversation about how the family’s ‘fun budget’ might cover a flat screen TV or a week at the beach, but not both.


• Do a few formal lessons
  
  They don’t even have to be fun. Sit down at the table and show your older child or teen how to balance a cheque-book, how to write a budget and the mechanics of paying bills on time. Teach them how to use their check register whenever they use their ATM/debit card.


• Increase their responsibilities as they get older
  
  Give a teen his own clothing budget. Make a driver buy her own gas. Get a credit card for high-school seniors or college students as soon as they are old enough to qualify, but make sure the credit limit is low. Even if you’re supporting them at school, make them pay the bills.


• Don’t worry about it all sinking in at once
  
  Some kids are just more money-oriented than others, just like adults. The better the financial behavior they see, and the more formal and informal lessons you’ve been able to deliver, the more financially stable they’ll be in the long run. Even if they have to eat a few late fees and overdraft charges to get there.

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Earning Money For Kids

There was a time that the only way to make money was to get a job. Nowadays, more people are opening up businesses so that the person can get more from doing a great job rather than settling for the basic wage.

One way to make money will be to invent a program. Many have done this and advertised the product on the home shopping network. This could a revolutionary new ladder, a new exercise machine that can combines the work done by three different models to an exercise workout plan.

The individual will have to do some research first and test it so that the customer will really benefit from what the product promises to deliver.

Another way to earn money will be taking a few seminars and classes then using it. A good example is someone who loves to take pictures. Some people think that it's just a click of a button but it takes more than that to be able to get the right shot.

The individual will have to use the right type of equipment and have the right lighting to get the perfect moment of the client. This can be done full time or part time and many sell these photographs to newspapers and magazines to be able to make some money.

Women who are homemakers at home can make money by practicing a lot and being good at sewing. The individual can start a business at home by altering dresses or making fabulous designs for clients. This can be advertised by word of mouth or through the Internet so that people may come and ask for something custom made.

Some families or couples are tired to cook after a hard day at work. Those who love to cook should take the opportunity to prepare full course meals for the neighbors. These people are called personal chefs and earn $3,000 to $4,000 a month by preparing various dishes for the pleasure of the client.

But adults are not the only ones that can make money. Kids can do the same by doing some things around the house or in the neighborhood. The child can get a job as a carrier delivering newspaper every morning.

The individual can also earn some money by mowing the lawn, washing the car, walking the door or cleaning out the gutters of the neighbors for a small fee that could be higher than the amount mom or dad will ever give every week for allowance.

If the person is hands on, it should not be a problem to use the oven and bake some cookies or cakes, which can be sold every weekend after Church or selling these in a stall right outside the grocery.

There is opportunity to earn money and all it takes is for the individual to take a look around and take advantage of it. The examples given show us that this can be done by people of all ages at home instead of this being done in the office.

The most important thing to remember in earning money is making sure the products or service one is offering is always of good quality. By having a set of standards in place, this will mean lesser complaints and more of compliments, which is good for business.

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