Teaching your child about the value of a dollar is a lot than you think. It just takes action. One of the ways we teach our kids about budgeting is through games. Two of our favorite grocery store games are called Budgeting Yourself and Need VS Want. It’s perfect for when the kids ask for items at the store.
To help our kids earn money, we give them a task to complete in a week or two weeks. Oftentimes it’s to behave and not fight each other throughout the week. This works well during the holiday season when they know someone’s watching.
Your child doesn’t need to be school-age or a teenager to make some cash simply by completing tasks. In fact, you’re probably aware of how often they can get into the habit of asking for money or to do things that cost money.
Help Kids Earn Money
Getting into the habit of denying your child certain things can be tough, but it helps if you’re experiencing financial issues.
We started telling our kids to budget themselves every month after dealing with some financial issues of our own. Instead of handing your kids money for their favorite activities or to buy items, find ways for kids to earn the cash. This way, when you pay them, you’ll also be teaching them how hard work equals more money.
There are a number of ways you can help the children make some cash this summer. Below are some ideas to do just that!
1. Have them complete uncommon chores
While regular chores should be a part of daily life, things that are harder – such as cleaning the garage or cleaning out gutters are a great way to get the kids to earn some money.
These types of chores are typically the ones you would pay someone to do anyhow. It’s always cheaper to pay your child to help or do the work for you, why not give them the money?
The harder chores can be handed off to the older kids. However, that doesn’t mean the younger should not be given the chance to earn. There are uncommon chores for kids to complete as well, such as watering plants and preparing food. You can always assist the younger ones until they’re comfortable with doing it on their own.
2. Ask around and offer to babysit
Whether your child is looking to babysit a younger sibling or someone else’s child, they will get a better understanding of what it means to be patient. Also, it will be a paid opportunity for them.
With time, your child can offer their services to others and ask around to see if anyone would be interested in having them help while their away.
In the meantime, get your child to complete Red Cross Babysitting classes, as well as first aid and CPR classes.
3. Help clean someone’s front yard
Do you remember cutting someone’s grass during the summer months? These same methods can help your kids earn money the same way!
The best part is that even a younger school-age child of eight or nine can help with cleaning up the yard. This is a great way for the kids to make money with friends.
4. Become a Personal Shopper
If your child has their own vehicle, then they can make money working as a personal shopper for busy locals. This is a great way to make use of those grocery pick-up mobile apps. Make certain they are fully insured – which they should be already – but also that they come up with pricing that will cover the cost of fuel and their time.
Work with your child on their hours so that it fits both their daily schedule and other commitments they may already have.