Many parents give their children an allowance for helping around the house with chores. While this is a good start to teaching your kids about money management, it’s not the only way for them to make a little pocket change. Limiting a child’s experience with money to an at-home allowance can stifle creativity and the entrepreneurial spirit; allowing them to have a stream of “income” outside of the home helps kids learn how to make money in other ways than from their parents.
We’ve come up with a list of ten ways your child can make money this weekend and how you can help them develop useful skills, a creative spirit, and fun memories.
1. Change to Making Jewellery
Design and sell your own earrings, bracelets, necklaces & other fun accessories. Experiment with various mediums including beads, leather, feathers and glass.
2. Host a Garage Sale
Collect items people are giving away for free on Gumtree or Craigslist and on-sell it by holding a garage sale from home. You know what they say, someone’s trash is someone else’s treasure. There are also plenty of bargains going online that you can make a few extra dollars on.
3. Become a Dog Walker
Does your child love animals? Ask the neighbors with dogs if they need a walker. Scheduled jobs like dog walking will teach your children an amazingly large number skills surrounding time management, preparedness, and holding themselves to a scheduled commitment.
Make sure your child tracks the days and times they’re supposed to walk the dog and show up on time each day with any supplies needed like an extra leash, water bottle, and poop bags.
4. Candle Making -Homemade Candles
Create the mood in your client’s home, with your range of scented candles.
5. Teach Others To Use Social Media
Most kids know more about social media and electronics than the average adult. If your child is tech savvy, helping neighbors set up new accounts or electronics would be a fun and rewarding job. And don’t limit this job to your big kids either; younger children who know their way around gadgets and the Internet tend to explain these concepts very matter of fact, which could be even more beneficial for person they’re teaching.
6. Car Cleaning/Detailing
Everyone loves a clean and polished car, but not many people have the time to maintain their car themselves. Give your child the opportunity to earn some pocket money this weekend by giving your car a good clean up, both inside and out. This is a good one for young kids to learn (don’t expect perfection with the little ones) or teens, who can give it a really thorough detailing, saving you big dollars at the car wash.
If your teenager is great with younger kids and enjoys the responsibility of looking after them, why not encourage them to offer their baby-sitting services to friends, family and neighbors? Professional babysitters charge a bucket load, so your teen can offer competitive rates, which are still fantastic earnings for them. Once they have some experience and can show references, they can expand to advertising on the school Facebook page or start up a little local letterbox drop.
8. Selling Delicious Treats
Does your child love to get in the kitchen? Satisfy people’s sweet tooth cravings by selling a variety of homemade goodies; chocolates, truffles or pralines. Bake cookies (e.g. choc chip), or your own original flavour combination and package in cute cellophane wrapping. Or, try to remember all those treats Grandma used to bake? Muffins, fudge, cakes and slices are all family favourites.
9. Music Lessons
If your child plays a particular instrument well, they could get paid to share their knowledge and skills with someone who would like to learn. Music lessons from a professional are costly, so offering beginner lessons at a reasonable cost is a great way to earn money. As they gain confidence and experience in teaching, they can charge more and create quite a solid, little part-time business.
10. Making Lip Balm – Lip Balms, Soaps and Cosmetics
Create your own range of natural skin care including exfoliants, masks and moisturisers. This could be tailored to a specific niche such as eczema or sensitive skin.