Top 20 Ways To Earn Money as a Kid
The U.S. Department of Labor states that children can’t legally start their first job as an employee until they are at least 14 years old. However, this doesn’t mean that your child cannot start making money as soon as possible. The internet has opened up more possibilities for kids to earn money in 2022. There are no more ways to make extra money than by opening a lemonade stand.
Learning how to manage their money early on can be a benefit for them later in life. You will teach your children valuable skills that they can use later in life. It can also help your children learn money management skills. This page lists 20 ways that kids can make money. These are broken down by age — there are traditional ways to bring in extra cash, but also ways that they can earn money online.
There are many ways that children can make money under the age of 13
Children under 13 should not be able to use all the money-making methods. If your child is younger than 13, you might find one or more of these ideas to be beneficial.
1. Work at a Parent’s Business
You can hire your children to work for you if you are self-employed. This is a great way for your children to learn the basics of running an enterprise and help them with some extra tasks. The IRS allows you to deduct wages earned by your child as a business expense as long as the pay is reasonable and the work is not excessive.
They can help you sort mail and package your items for shipping. If you have older children who are tech-savvy, they may be able to help you manage your website and social media accounts.
2. Set up a garage sale and sell the items
A garage sale is an activity that the whole family can participate in. It will help you get rid of unwanted items and it can be a way for your children to make extra money.
Your children can help you sort through your old clothes, shoes, and electronics. They will help you price the items and arrange them on tables. You can also talk to neighbors who might be interested in your sale.
Originally published on The Tech Trend