Jump Start | Earning Tips | Cool Investments

Earning Tips

It doesn’t take much to start the savings habit. But you have to start somewhere. Luckily, there are lots of ways for kids to earn money… if you’re willing to work for it. When you’ve worked to earn money, suddenly it becomes a lot easier to save it, because you know how much effort it took to earn your money in the first place. And once you’ve started saving, you’ll discover that the money you’ve saved also earns money for you…a lot faster than you might think.

Here are some ideas to get you started.

Become an entrepreneur!

It can be great fun starting your own business, especially if it is something you love. Easy ways of getting started include:

  • Mowing lawns or raking leaves for your neighbors
  • Babysitting
  • Walking or taking care of pets
  • Sign up for a paper route
  • Wash cars
  • Tutor other kids in subjects at which you excel
  • Teach adults how to use their computers or the Internet

Allowance

Help out your mom or dad by doing the laundry, washing the dishes or vacuuming the house. Negotiate an allowance and help your parents spend more time with you and less time doing household chores.

Another easy idea is to collect coupons or rebates for food or goods your family would like to purchase. Then using the coupons and rebates do the shopping for your parents and keep the money you’ve saved!

Enter contests

Enter essay or educational contests that have cash or prizes for awards. First, check with your parents to see if it’s okay for you to enter the contest. By winning the contest, you save the money you would have spent on toys or games. Plus, by using your smarts to win, you’re becoming a stronger individual.

   
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