Bet you didn’t know that one of the world’s most well-known and credited financial geniuses of our time started making money in the stock market at just 11 years old. His name? Warren Buffett. Today, he’s worth approximately $79 billion dollars! To give you a visual on the number of zeroes that is, that’s $79,000,000,000.
Perhaps one of his biggest advantages he had over others, is the age at which he began seeking to make money. Today it’s even easier to make money no matter what age you are. If you’re ambitious, hardworking, and driven to make money, you certainly can turn a quick profit in no time.
We’ll then discover more than 20 potential answers to the question of how to make money for kids, plus how to get started and how much you can make.
All you need is to keep that childlike characteristic to dream big alive and strong, and you’ll do very well! I can’t promise $79 billion well, but anything is possible!
→ Related reading: 150+ Side Hustle Ideas for Your Spare Time
How to Make Money for Kids
Here are more than 35 things that almost anyone can start doing to make some extra cash with just a little bit of elbow grease.
1. Take Online Surveys
Did you know that you can actually make money by giving out your opinion through paid online surveys? Companies like Swagbucks and Survey Junkie allow you to create a free account and start making money taking surveys. Businesses love feedback from customers about their products and services, so companies like Swagbucks and Survey Junkie pay you to answer questions and perform tasks online for businesses seeking this feedback.
While there are a lot of survey companies, not all will be options for kids. Both Swagbucks and Survey Junkie allows kids 13 or older to make money.
Potential Income: For starters, some survey companies (like Swagbucks) will even pay you to set up your free account, so there’s already free money for the taking. However, each survey or task usually takes anywhere from 5 minutes to 30 minutes, depending on the complexity. Payment may range from $1 to $20+. If you assume that you can make an average of $5 per hour taking surveys, and if you spend one hour per day, that’s $150 per month. Not bad!
2. Start a YouTube Channel
Ever wonder why you can find a YouTube video on just about anything? That’s because there are millions of entrepreneurs with both knowledge and interest in topics that have created a YouTube channel to make money.
If you have a particular interest or strong knowledge on a topic, you can start creating quick videos teaching people the basics of your chosen topic and YouTube will pay you as your viewership grows. Many kids are making money with simple videos playing with or reviewing different toys.
Potential Income: You get paid from the ads YouTube displays on the videos, thus the more views you have the more you get paid. YouTube pays anywhere from $1 – $5 per 1,000 views of your video. If you have 10,000 views in one week, and you average $2.5 per 1,000 views, you will make $25 per week. Keep in mind that this can be a recurring stream of income for as long as the video exists, and people keep watching it. Create multiple videos that get 10,000 views per week, and you’ll get $25 per week per video! Of course, these numbers are hypothetical, but some kids are making huge amounts of money with YouTube. Aside from ads, you can also make money through sponsorships and affiliate programs.
3. Start a Blog
A blog is similar to a YouTube channel in that you create content on a particular topic and publish it for people to find via major search engines like Google. Rather than making videos, you’ll be writing about your chosen topic.
To start, think about the topic that you want to blog about. Most likely, a great starting point is asking yourself what you do in your spare time and what’re you good at? These are great topics to create a blog on. Next, you’ll begin creating blog articles (like this one), teaching people the basics of the chosen topic.
→ Related reading: How to Start a Blog
Potential Income: You make money on your blog by placing ads on your website, inserting affiliate links to related products or services, and getting paid when your readers click on these ads or affiliate links. You could also publish sponsored content or create and sell your own products.
Each ad network will work a little bit differently, but in general, you’ll get paid when a visitor clicks an ad on your site, and you may also get paid based on the number of pageviews or ad impressions. Affiliate links are links within your blog that lead to products or services at an online store like Amazon.com.
If your blog is about books, you can write a book review and insert a link at the end of the book review sending your readers to Amazon.com to purchase the book. Amazon will then pay you a small commission for referring customers that make a purchase.
The amount of money you make depends on the amount of traffic you can get to your website, which takes time to build up, as well as your monetization method. Great bloggers can make anywhere from a few hundred bucks per month, to a few thousand bucks per month, and even a few hundred thousand bucks per month. The sky is the limit!
4. Start an Instagram Account
Making money on Instagram also depends on the number of followers you have, hoe engaged those followers are, and the interests of those followers. If you can create an account with a strong following of your particular specialty, such as health and fitness (for example), you can start making money.
You can make money through sponsored posts from companies that want to promote their product to your audience, by referring your audience to affiliate products (like we discussed in creating a blog), selling your pictures or licensing your pictures posted, and even by selling your created digital products like a course or video.
Potential Income: Like blogging and creating a YouTube channel, making money on Instagram depends on how large of a following you have, and how engaged those followers are. The more followers, the larger an audience you have to promote products and services to, and the more brands will pay you to post their products to your audience. Thus, the amount of money you make is similar to making money blogging and on YouTube.
Some make hundreds of dollars per month; others make thousands or hundreds of thousands of dollars. It’s all determined by the work you put in and how diligent you are at keeping your account healthy and active.
Babysitting is very much in demand with so many parents having busy schedules. The more experience you have and the better you can meet the needs of parents, the more money you can make.
It all starts by marketing your services to local parents in need of babysitters. This could be through door flyers, word of mouth, or promoting via social media. As you build up a list of repeat customers, your income will be more steady and consistent.
Potential Income: Your income is based on the hourly rate you charge. If you charge $10 per hour and babysit for 5 hours per week, that’s $50 per week. The better you get at making it fun for the kids and easy for parents, the higher you can charge per hour.
6. Mom’s Assistant
A mom’s assistant or mother’s helper is responsible for helping the mom with any number of different things. The assistant might help to watch the kids (often when the mother is home but busy doing something else), clean dishes or light housework, help kids with homework, or any number of other things.
Working as a mom’s assistant can be a great option for younger kids who aren’t quite old enough to babysit on their own. A mom that has a baby and a toddler may need help with the toddler while feeding the baby, so an assistant can be a huge help.
Potential income: Since a mom’s assistant may be younger than a babysitter and will not usually be completely responsible for the kids, the pay is often lower than what a babysitter might earn. But if you charge $7 per hour and work 4 hours per week, that would earn you more than $100 per month.
7. Mow Lawns
If you like being outside, mowing lawns for neighbors could be a great way to make some extra cash! Mowing lawns can be charged per project, or by the hour. If you have a few extra hours each week to make extra money, you can start knocking on doors in your neighborhood to ask if they need lawn mowing services. Other ways of promoting are through door flyers, word of mouth and social media.
Potential Income: You can set your own rates and charge per hour, or charge per project based on the size of the lawn. If you charge $20 per hour and you work for 10 hours per week, that’s $200 per week. If you charge per project, and each project is about $40 and you complete 5 lawns per week, that’s $200 as well. Charging per project may be easier and allows you to potentially make more money per hour if you’re a fast worker.
8. Rake Leaves
Raking leaves in the fall is a quick and easy way to make money that is certainly in demand. Pick out homes that have large trees and clearly need some help raking leaves and knock on their door to ask if you can rake their leaves to make money. Some extra equipment like a tarp and a leaf blower can make the job even easier and faster.
Potential Income: Charge per hour or per project, depending on your preference. If you’re a fast worker, charging per project may be a more efficient use of your time and ability to make more money. Your potential income is calculated the same way as mowing lawns.
9. Pull Weeds
Pulling weeds is a job that not many people enjoy doing and many people will be willing to pay you to do it for them. Again, you can advertise your services by knocking on neighborhood doors, leaving flyers on doors and in mailboxes, word of mouth and promoting on social media. Soon enough you’ll have a full schedule of clients.
Potential Income: If you charge $15 per hour and you can work 10 hours per week, then you will make $150 per week. If you charge $15 per project and complete 10 projects in 5 hours, you’ll make $150 per week but in half the time!
10. Shovel Snow
Shoveling snow can be both a great workout and a great way to make money. Advertise your services via word of mouth, knocking on doors, passing out flyers and advertising on social media.
Potential Income: Your income will depend on how much snow your area gets during that winter. Some winters are heavier with more storms than others, creating more opportunities to make money. As with previous yardwork jobs, you can charge both per hour or per project.
11. Wash Cars
The nice thing about washing cars is people may pay more than they would at the local car wash because it can be done at the convenience of their own driveway (unless you advertise car washes in an available parking lot somewhere).
Potential Income: The easiest way to do this is to advertise via word of mouth, flyers, door knocking, and social media. If you can promote that you’ll wash their car weekly for a recurring fee, you can get great repeat business. Most people will be willing to pay anywhere from $10-$15 per car washed.
12. Clean Houses
Cleaning services can be for both neighborhood homes and even office spaces of local small businesses. Work includes vacuuming, dusting, cleaning windows, washing baseboards and walls, cleaning kitchens and bathrooms, etc.
Potential Income: The easiest way to charge for cleaning houses is hourly, since the tasks needed per house or office may vary per project. If your hourly rate is $10 per hour and you work 10 hours per week, that’s $100 per week.
13. Wash Windows
Window washing could fall under the category of cleaning houses, but it’s a big opportunity that is worth mentioning on its own. Many homeowners and renters don’t get around to cleaning windows as often as they’d like, so if you offer to do the work for them, they may take you up on it.
Washing windows could involve cleaning the insides of the windows as well, or you could just focus on the outside (which means you wouldn’t need to access the inside of the house). You can buy a bottle of window cleaner that hooks up to a hose and then use the client’s hose to easily and quickly wash the windows. You can use this method to easily reach second-story windows that would otherwise require a ladder.
Potential Income: You could charge per window or per hour. If you charge $1 per window and a house has 12 windows, you might be able to clean them all in an hour and make $12 per hour.
14. Dog Walking
If you have a dog with a lot of energy, you’ll understand the value of having your dog walked daily! There is plenty of demand for dog walkers from pet owners who don’t have time to walk their own dogs or are physically unable to do it.
Dog walking is easy to promote, just look for houses with dogs in the backyard and send them flyers, knock on their doors, use word of mouth marketing and social media promotions.
Potential Income: You can split up your walks into time frames, and let the owners decide. Perhaps you have a 15-minute walk, a 30-minute walk, and a 60-minute walk. You charge $10 for 15 minutes, $15 for 30 minutes and $25 for 60 minutes. You could make anywhere from $250 to $400 per week if you work 10 hours per week.
For More Money-Making Articles, Please See:
- 20 Best Jobs for Stay-at-Home Moms and Dads
- Search Engine Evaluator Jobs
- 10 Best Ways to Get Paid to Surf the Web
- How to Make Money Online Without Paying Anything
15. Pooper Scooper
It may not be a glamorous job, sometimes the dirty jobs are the best ways to make money. No one likes cleaning up after their dogs, but did you know that some people are offering this as a service and making money for it? That’s right, you can get paid to be a pooper scooper.
The approach to finding work would be similar to finding work as a dog walker. Just find dog owners and offer to clean up their yard for them. And once you find a client, be sure to talk to them about coming back again in the future. As any pet owner knows, the poop keeps on coming.
Potential Income: You’ll probably want to charge per hour for this because the amount of time required to clean up one yard may be drastically more or less than the time required for another job. But don’t shortchange yourself when you’re deciding on your rate. It’s an unpleasant job, so you might be able to earn more for doing it. If you charge $15 per hour and you work 5 hours per week, that would be $75 per week or $300 per month.
16. Pet Bathing
Another opportunity to work with pets is to offer bathing or washing services. This could be done at your house or at the client’s house.
This job can be a little bit dirty, but more wet than anything. It’s not bad work and you can even have fun playing with the pets.
Potential Income: You’ll almost certainly want to charge per wash for this job. If you charge $10 for a dog wash, you might only need 15 or 20 minutes to complete the task, and that’s a pretty nice hourly rate.
17. Raise Chickens and Sell Eggs
This is a great opportunity if you live on a farm, but these days, people seem to be raising chickens just about anywhere. Many kids help out with farm animals, and caring for chickens and collecting eggs is a great job for kids.
Eggs can be sold to friends and family, neighbors, and coworkers, at a market, or somewhere else.
Potential Income: Farm fresh eggs usually sell for somewhere between $2.50 – $5.00 per dozen. The amount you can make will depend on how many chickens you have and how many eggs they produce.
You could offer to plant grass, garden vegetables, or flowers for people who don’t want to do it or aren’t able to do the work themselves. Finding clients for this would be similar to any of the other yard work jobs that we’ve looked at already.
Potential Income: You’ll probably want to charge per hour for this because each job will require a different amount of time. But if you charge $10 per hour and you work 5 hours per week, that’s an extra $50 per week or $200 per month. One downside to this is that your work will probably be limited to certain months out of the year.
19. Sell Homegrown Produce
You could start your own garden at home and sell the produce for extra money. A garden is relatively inexpensive to start and maintain, and you’ll also be able to keep some of the produce for yourself. You could sell to friends, neighbors, and other people that you, or set up a stand.
Potential Income: Your income will depend on the amount of produce that you’re able to grow and the types of produce. You might be able to make a few hundred dollars over the course of the summer, but remember that you won’t be able to make money year-round.
20. Feed and Care for Animals
Caring for an animal can be a great job for a kid. Kids love animals, so it can be fun while earning money and learning some responsibility. If you know anyone that owns or runs a farm, you may want to talk to them about taking care of some of their animals. You could also reach out to people who own horses or other animals that might need some attention.
Potential Income: You’ll probably charge per hour for this because it’s hard to say how much time will be needed to do the job. Charging $10 per hour and working 5 hours per week would earn you an extra $50 per week or $200 per month.
21. Make and Sell Jewelry
If you enjoy crafts or making things with your hands, making jewelry could be the perfect way to make money. You could use jewelry kits, or come up with your own custom jewelry. You can sell it to people you know, sell on eBay, sell on Etsy or sites like Etsy, Craigslist, the Facebook Marketplace, other selling apps, or start your own website.
Potential Income: The amount you can make will depend on how many items you make, how many you’re able to sell, and the price that you sell them for. Let’s say that you sell 5 items per week for $20 each and you spend $10 in supplies to make each item. That’s $100 per week in revenue, minus $50 in supplies, or $50 per week in profit.
22. Have a Yard Sale
This works best for those of you that have lots of old stuff that needs to be cleaned out. One man’s garbage is another man’s treasure! Promote your yard sale locally through fliers, word of mouth, and social media.
Potential Income: Your income is dependent on the amount of stuff you have at the yard sale, but making a few hundred dollars with a yard sale on a single weekend is realistic for most people.
→ Related reading: What Can I Sell?
23. Sell on eBay
eBay can be thought of as an “Online Yard Sale” type business. You can sell anything from used goods bought from yard sales, thrift stores or stuff around your house, to brand new products bought on sale and listed online for a higher price. Millions of people are making money selling on eBay, even beginners (see How to Sell on eBay for Beginners).
Potential Income: Income depends on the selling price minus the cost you paid for the product and fees. If you sell used books and you buy a book for $5 and sell it for $10, then you can make $5 per book sold, minus fees.
24. Sell Crafts on Etsy
Etsy is a craft website that allows creative craftsmen (and women) to post their work for sale. If you like making any type of crafty items, you can sell your work on Etsy. Anything from jewelry to wedding supplies to art and craft work can be sold online if you start an Etsy shop.
Potential Income: This is entirely dependent upon your sales price. If you’re a master at making creative jewelry, and it takes about 2 hours per piece made and can be sold for $50, then you’re making about $25 per hour of work.
25. Sell Baked Goods
Selling baked goods can be a great way to monetize your passion. If you love baking and you’re great at it, people are willing to pay top dollar for a great tasting birthday cake, or even just some tasty cookies for the weekend!
Potential Income: The income is dependent on your ability to create tasty goods and/or well-designed goods.
26. Collect and Sell Golf Balls
An easy way to make some extra money is to find golf balls, collect them, and then sell them. Areas near driving ranges and golf courses usually have plenty of golf balls lying around. You may not make top-dollar for these used golf balls, but they definitely have some value. You can sell them to people you know, or use Craigslist or the Facebook Marketplace to get some easy exposure.
Potential Income: You might make anywhere from $0.05 – $1.00 per ball depending on the type and condition of the ball, as well as who you are selling to. Some driving ranges will purchase used golf balls, but the rates are usually low.
People are willing to pay good money for painting services. You could be painting rooms in a house or outside work like painting/staining decks, swing sets, fences, and sheds. Many people dread painting outdoors in the summer heat, but fences and decks need to be painting or treating. They may be willing to pay you so they don’t have to do it themselves.
Potential Income: Your income will vary depending on the details of the job, but making $10 – $20 per hour even with the most basic of painting jobs is possible.
28. Take Photos of “Help Wanted” Signs
JobSpotter is a service offered by Indeed.com, a job posting website. JobSpotter allows you to take photos of “Help Wanted” signs locally and send it in to Indeed.com. You will get paid for every submission that is approved.
Potential Income: JobSpotter pays you in points that can be redeemed for gift cards. Each point is worth one cent and you are awarded between 10 – 100 points per photo. If you take decent photos, you could make $1 per submission. If you submit 20 in a week, that’s potentially $20 for little time.
29. Remote Work on Fiverr
Fiverr.com allows you to promote your digital skills online. Projects can include odd jobs online such as creating a singing video (seriously), to graphic design work, and even voice acting services. The price you charge is up to you, as long as it’s in increments of $5 (thus the name Fiverr).
Potential Income: You can charge anywhere from $5 to $500+ for the services you offer. Your potential income is dependent on your user reviews, quick message responses, on-time work, and customer service. Your income can vary anywhere from $50 per week to a few hundred dollars per week. Keep in mind you must be at least 13 years old to make money on Fiverr.
30. Give Music Lessons
Do you have some musical ability? If so, you could give lessons to younger kids that are just learning the instrument. Music lessons from professionals are expensive, so some parents will be happy to pay an older kid a reasonable amount of money for lessons.
Potential Income: If you charge $20 for a one-hour lesson and you have 5 students each week, that’s an extra $100 per week or $400 per month. And as you get more experience, your rates could increase.
31. Play an Instrument in Public
Another way to use your musical ability is to play an instrument in public. We’ve all seen people playing the guitar or other instruments and accepting tips from people passing by. You may also be able to set up some more official gigs, like playing a set at a coffee shop.
Potential Income: A lot of different factors will influence the amount of money that you make, but some kids can do pretty well with this approach. If you’re just setting up in a random place, be sure to check if it is allowed first, otherwise, you might get into some trouble.
32. Start a Band
The last music-related opportunity that we’ll mention is to start a band. If you have some friends that play different instruments or sing, this may be a fun way to make some money. You might be able to get paid for performances in different places.
Potential Income: The amount that you make will vary. In the short-term, you can probably make more by offering lessons or playing solo in public. Finding paying gigs for a band of kids can be a little tricky, but it’s possible to make some money and you’ll definitely have fun doing it.
You may be able to make money by tutoring younger kids. If you’re really good at a particular subject, parents may be interested in hiring you to tutor their own kid. Of course, adults offer tutoring as well, but there is nothing stopping a kid from tutoring.
Potential Income: If you charge $15 per hour and you work 5 hours per week, that’s an extra $75 per week or $300 per month. Not bad money for simply using the things you’ve already learned in school.
34. Give Swimming Lessons
If you’re a good swimmer, you may be able to offer swimming lessons for younger kids. You could do this at your pool (if you have one), a pool owned by your client, or find a public pool where you can do the lessons.
Potential Income: If you charge $15 for a one-on-one, one-hour lesson, and you four lessons in a week, that’s an extra $60 per week or $240 per month. If you’re able to offer lessons at a public indoor pool, you might be able to work year-round instead of only during summer months.
35. Newspaper Route
Delivering newspapers could be considered the stereotypical job for kids. While there are a lot more options available today, this old standard is still a decent option. It’s one of the few jobs where kids make up the majority of the workforce, although you’ll need to be at least 13 for many of these newspaper delivery jobs.
Potential Income: You pay will depend on how many papers you’re able to deliver. According to Chron, you can earn between $150 – $500 per week.
36. Design T-shirts
Companies like Teespring, Spreadshirt, Bonfire, and even Amazon allow you to design your own custom t-shirts and sell them for a profit! If you’re great at designing, you can make a decent income from creating awesome work designing t-shirts! For info on each website that you can make money designing t-shirts, visit the following links:
See our Merch by Amazon review.
Potential Income: Your income varies depending on where you design your t-shirts. Teespring, for example, will let you design a shirt, set a sales price and sales goal, then promote your design. If you meet your goal, they will pay you out the profits via PayPal.
37. Sell Your Hair
Did you know that you can make money by selling your hair? Websites like Hairsellon.com allow you to sell your hair. You start by creating an account, posting an ad about your hair, and buyers will start making offers!
Potential Income: The income is dependent on the hair length, thickness, color, and whether it’s chemically unprocessed human hair (aka virgin hair) or not. Ultimately the price is what someone is willing to pay for it. View Hairsellon.com/hair-price-calculator/ to estimate how much you can make selling your hair.
Why You Should Start Making Money at An Early Age
As a kid, you may be asking yourself first, how to make money, and why start now? Here is a list of 10 big reasons why you should start making money as a kid. If the example of Warren Buffet above isn’t enough to excite you, consider the following reasons that making money at an early age will be very beneficial:
The Savings Snowball Effect
Many may be familiar with the term “compound interest”. To not bore you to death on the details of that financial term, the analogy of a snowball paints the picture perfectly.
Imagine building a big snowball after a winter storm. To start, you need to make a small snowball, then you start rolling the snowball and it gradually gets bigger and bigger. Pretty soon, it’s bigger than you are!
That’s exactly what happens when you start saving money, and better yet, investing it. Once you start saving, it may seem like a small amount at first. But over time, you’ll look at it and be amazed at how much money you’ve saved.
If you’ve invested it, you’ll be surprised that your savings may have doubled or tripled from the amount you contributed! Imagine this taking effect starting at an early age, you’ll be miles ahead of everyone else financially.
Prepare Yourself for the Future
Perhaps you aren’t totally sure what the future holds for you quite yet. All the more reason to start preparing! Regardless of what’s in store for your future, it will most likely depend somewhat on your ability to financially pay for it. That may mean starting a business, paying for school, getting married, helping out a family member or friend, etc.
Just like taking a test in school takes preparation, so do finances. I’m sure we can all relate to not preparing properly for a test in school and come to find that some of the questions seem like a foreign language to us! Preparing for the future is much like preparing for a test. The better prepared you are financially, the more able you will be to take on the financial challenges and excitement the future brings!
Get A Head Start on Money Basics
One thing we can never get enough experience with is money. Sure, you may learn some basic money principles in school, but in reality, money can be one of the biggest obstacles in your life if it’s not properly understood. Starting out making money at an early age will teach you first hand how money works, and how you can dominate your financial future!
Be Among the Top 1% Financially
Did you know that the median American household only has $11,500 in savings? It’s not uncommon to have unexpected events occur in life, such as the loss of a job, a major health event, or your car breaks down. Chances of that $11,500 lasting very much longer than a couple of months if you lose your job are slim to none!
Imagine if you started making money as early as possible, and started saving, investing and planning for the future, years in advance as compared to everyone else? You’ll have surpassed the average savings of the median American household before you’re even in college!
Enjoy Financial Rewards as A Kid
What good is working hard for money if you can’t enjoy at least a little of it?
What if you had the financial means to pay for the next latest and greatest toy that everyone dreams about?
Well, starting to earn money as a kid certainly gives you the ability to do just that! Be careful not to spend all your earnings. A wise man once said that saving a portion of all your income will provide a prosperous future.
Save For Education
Rather than thinking of this as paying for school, think of it as saving money to pay for the answer to the big question “What do you want to be when you grow up?”. Whether this means college, paying for a coding boot camp, or paying for classes at a trade school, they all have one thing in common: they cost money.
Save For Your First Car
A new/used car in today’s dollars will cost a pretty penny. Depending on the luxuries you want in your first car will depend on how much it will cost you. Generally speaking, your first car may cost anywhere from $5,000 to $15,000 or more. Starting early to save and pay for your car in cash will just be another major head start to the game of finance.
Save For Retirement
Most of you reading this might be thinking “Retirement?! That’s decades away!”. And I don’t blame you. Frankly, you would be a bit odd to begin saving for retirement as a kid, but odd is what we’re looking for because most Americans forget to save and end up working their entire life. Consider this.
If you want to live on a moderate income of $50,000 per year in retirement, you will need to have saved up $1,500,000, and that’s not counting inflation. Inflation simply means that prices on average increase year over year. A candy bar 20 years ago may have only cost $0.25 or less. Today, it may cost $2.00. That’s because of inflation. Add an inflation rate of 2.5% increase in prices per year, and the of retirement savings needed to retire on a $50,000 income then becomes $4,614,921.50 if you assume you will retire in 45 years from now. With numbers like that, you better start early if you want to reach the goal.
→ Related reading: 5 Steps to Get Your Retirement Savings on Track
Taking it even a step further, if you decide to start making money and saving some of it for retirement, you have a great chance of actually retiring earlier than most people! That means you don’t have to work until you’re 65 years old and could possibly retire much earlier depending on how much you save!
→ Related reading: 9 Steps to Financial Independence (How to Retire Early)
Change the World!
I’m willing to bet that between now and age 30 (give or take a few years), you’re going to have a great idea that may just change the world.
Great entrepreneurs like Steve Jobs (founder of Apple), Jeff Bezos (founder of Amazon.com), and Elon Musk (founder of Tesla, SpaceX, and many others), all started out their businesses that began with a great idea.
Their ability to launch that idea involved at least having a little cash available to launch their first product, website, or service, and the rest is history. Making money as a kid and saving a portion of it will give you a big boost for the day that your bright idea is born.
The Sky Is the Limit!
When all is said and done, there are infinite ways you can make money as a kid, and there are nearly infinite reasons why you should start making money as a kid. Looking back, I can tell you for certain that I would have loved to know the “why’s” and “how’s” to make money in my early years because I’d be years ahead financially. A word to the wise: start making and saving money as early as you can!
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