Ways for Teens to Make Money
Posted by admin | Under Articles Thursday May 15, 2008
Teenagers can go through literally boatloads of money, especially if they have a car. With gas prices at about $4 per gallon (5/15/2008), life can be difficult for a teenager that’s short on funds. The price of dating, playing sports, and doing other activities can really put a damper on a teen’s lifestyle.
Fortunately, there are plenty of ways for teens to make money. They can get jobs, start businesses, and do chores for family members. This lesson will start with some of the more conventional ways that teens make money and will then go on to some very unconventional ones.
Teens Can Make Awesome Money by Starting Businesses
The ‘wealthiest’ teens out there are all running their own businesses. Businesses that are perfect for teens include lawn mowing, yard cleanup, pet waste removal, pet care, house cleaning, baby sitting, elderly care, and snow shoveling.
One kid I know bought a used lawn mower at a thrift store for $10 one summer and turned that $10 into more than $10,000 worth of profits in just one summer. What’s cool about that story is that he turned his lawn mowing business into a very successful landscaping business later in life and now makes much more than a six figure income. Most parents would gladly give a teen a $10 loan to buy a lawnmower (or a $100 loan for that matter).
Most of the other businesses that teens can run cost basically nothing to start up, other than the cost of some paper to make fliers.
Jobs That Teens Can Get to Make Money
There are certain jobs that are perfect for teens, including working at fast food restaurants, department stores, clothing stores, and pretty much any other type of store that you would find in most malls.
Some teens won’t want to get a job at first, but will figure out how cool it is to have their own funds. They don’t have to beg mom and dad every time they would like to go do something with their friends. Many times, teens are able to make enough money to buy a car, and that is a dream for most teens. It allows them to grab some off-campus lunch with friends or hit the mall after school.
Untraditional Ways for Teens to Make Money
In this day and age, teens can make great money by using the internet, especially if they have the skill set. Blogging has provided great incomes for many teens, in fact there are teen bloggers who are now making more than $100,000 per year from their blogs.
We are now living in an age of global business, and the internet gives us the biggest opportunities for creating income from people everywhere in the world. Teenagers are usually more tech savvy than adults, giving them unique opportunities to create online income. Encouraging your teenager to learn online business can really help them to create a bright future for themselves.
Hopefully this article has given you some ideas. While there are many other ways for teens to make money, we hope that we have been of some help to you.
