269 results found for Ways for Kids to Earn Money.

Allowance Tips: Good Money Management Begins with an Allowance

Allowance Tips: Good Money Management Begins with an Allowance

Brought to you by the National PTA&reg.

The best tool parents have for teaching financial responsibility is an allowance. Even very young children should have discretionary funds to spend as they see fit. Saving, decision-making, planning, sharing, charity, and responsibility are just some of the lessons that can be taught through an allowance.

Grades:

Teach Kids About Investing Their Savings

Teach Kids About Investing Their Savings

Savings accounts are Mickey Mouse investments: In today's low interest environment, they pay only a very modest rate of interest. You can consider several alternative investments that pay interest as well. These may not be as safe or liquid, but they'll give your child more interest over the long run.

Here are some of the other types of investments that may pay a higher interest rate:

Grades:

Boomerang Kids

Boomerang Kids

Sigh … your kids are out on their own. The house is tidy and quiet. You don't need to stop by the store every other day for milk, bread, and orange juice. You and your spouse or partner are free to come and go as you please. You've even started playing tennis together again for the first time in 15 or so years.

Just when you think you've got it made, one—or maybe more than one—of the kids is back.

Grades:

In this article, you will find:

"But Mom, All My Friends Have One!"

Page 1

"But Mom, All My Friends Have One!"

While kids and teens are under tremendous pressure to acquire all those tempting toys and gadgets available, parents are under equally tremendous pressure to buy for them. Studies show that kids are typically exposed to 360,000 ads by the time they graduate from high school.

Grades:

In this article, you will find:

Why Kids Steal (And What to Do About It)

Page 1

Why Kids Steal -- and What to Do About It

Point 1: Kids steal. Little kids steal a lot—from poor impulse control. It's a developmental stage; they want it, they take it. Older kids often steal, too. Your child is probably not evil or destined for life in prison.

Point 2: Of course it's not acceptable. It's embarrassing, shocking, and angering.

In this section, we'll talk about petty, occasional small-scale stealing.

Kids steal for any number of reasons:

Grades:

Kids and Money: Gassing Up the Car

Kids and Money: Gassing Up the Car

Money ABCs

A depreciating asset is one that grows to be worth less over time. Unlike a work of art or real estate that can grow in value, a car (other than certain antique or specialty cars) is almost certainly guaranteed to be worth less over time than on the day it was bought.

Grades:

Child Support

Child Support

As a stepparent, you have no legal obligation to support your stepchild (unless you adopt the kid, in which case, you aren't a step anymore!). Reality is far more complex, however. Child support and other financial decisions between your partner and your partner's ex are major decisions, often determined during the divorce.

Grades:

The Cost of Keeping a Car for Your Teen

The Cost of Keeping a Car for Your Teen

Go Figure

Insurance companies figure that drivers between 16 and 24 are most at risk for accidents. Insurance rates for that age group reflect the industry's feelings.

Those of us who own cars understand that buying one is just the beginning of the strain that a vehicle can place on your pocketbook. Most teenagers understand that it takes significant money to buy a car, but are uninformed about the continuing costs.

Grades:

In this article, you will find:

401(k) Plans

Page 1

401(k) Plans

It's a weird name for a retirement plan, but 401(k)s have arguably done more to get young people investing for their futures than anything else. The 401(k) savings plan was introduced in 1982 as a way for employers to save money they had been putting in pension plans.

Grades:

In this article, you will find:

When Your Child Moves Out

Living on your own

When Your Child Moves Out

Watch Your Step

If your child doesn't know most of the basic money concepts, maybe he shouldn't be too quick to move out on his own. He might not like to hear this, but he may benefit from some additional time at home to learn the money skills he needs to survive in the outside world.

Grades:

Emergency Funds

Emergency Funds

Money Pit

Be careful to not use your emergency fund as a convenient source of money if you run a little short at the end of the pay period. The intent of an emergency fund is to keep you afloat if your income is interrupted. If you're not careful, you could easily deplete your emergency fund before an emergency occurs.

Grades:

Mentoring Your Child's Business Plans

Mentoring Your Child's Business Plans

Let's say that your kid has what he thinks is a great idea for a business. Before he puts in time and money, clear some hurdles first.

Money ABCs

A variance is a change or alternation of a zoning rule granted specifically to the homeowner asking for it.

Grades:

Tackling Tough Reading Assignments

Tackling Tough Reading Assignments

Tuning In

Should you pay for good grades? In general, you want your teen to learn that good work is its own reward. That said, you might find other ways to reward improvement (not just achievement). Promise nothing in advance, but if your teen makes significant gains in a certain area (say, pulls his Biology grade from a C- to a B), consider staging some type of celebration that your teen would enjoy.

Grades:

Assessing Your Assets

Assessing Your Assets

If you've got a job, you're probably bringing home a paycheck. Very few people show up at the office every morning just because they love to be there. The paycheck at the end of the week (or every two weeks) might not be the only thing you like about your job, but it's pretty high on the list, right?

Grades:

Teaching Your Child About Income Taxes

Teaching Your Child About Income Taxes

Piggybank on It

No matter how young your child is, she may already be a taxpayer. Income taxes are dependent on income, not age. Even though you might do all the mechanics—completing the return, writing out the checks, and filing—your child is still the taxpayer.

Grades:

The Benefits of Paying Your Kids an Allowance

The Benefits of Paying Your Kids an Allowance

Pay an Allowance

As your children get older, even interest earning will have its limitations, because it won't teach them to budget for themselves. The best way to do that is to give them an allowance and make them learn to use it wisely. Generally speaking, this is appropriate for teenage children and is most often used to pay for things which, up until now, you have been paying for.

Grades:

In this article, you will find:

What to Teach Your Kids About the Economy

Page 1

What to Teach Your Kids About the Economy

In school, children may learn that the United States has a capitalist economy. They also may learn about historic events such as the Great Depression, but until they take a course in economics in college or their senior year in high school, they don't usually learn a lot about how the economy operates.

Grades:

What Kind of Investor Do You Want to Be?

What Kind of Investor Do You Want to Be?

Not all investors are created equally. Some are the aggressive, make-me-rich-quick kinds, who want to make a killing on their investments. They rarely do, or at least not for long, mind you, but they're sure willing to give it a try. This type of investor is the person at the amusement park who has to go on every roller coaster twice, except for the really big one that loops upside down. He has to go on that one three times.

Grades:

10 Ways to Nurture Ambition in Children

10 Ways to Nurture Ambition in Children

  1. Encourage them -- Someone has to be President. If your child wants to do something remarkable, don't rubbish the idea. Encourage them to work out how they could make it happen.
  2. Challenge them -- Wrapping your child in protective blankets will only make the world seem more frightening than it really is. Set them challenges that will stretch them. Celebrate the successes with them.
Grades:
Updated: February 10, 2022

10 Ways to Make Money as a Stay at Home Mom (That Aren't MLMS!)

SAHM Jobs

Between the feedings, the diaper changes, and trying to get your baby to enjoy tummy time, it can be tough to squeeze in a sliver of time for anything else as a stay-at-home mom. But, if you want to bring in some extra income for your family, there are remote jobs that you can do to make money from home. You're in the driver's seat, so you can make your own schedule and decide what kind of side hustle you're going to do to bring in extra money.

IRAs for Kids

IRAs for Kids

Unless your child becomes an Internet mogul or hits the lottery, he probably won't earn a million dollars in one lump sum. Still, he can amass this kind of fortune with very little effort. The keys to becoming a millionaire are starting young and enjoying the magic of compounding.

Getting your child to start thinking about retirement before he's even out of school can produce several benefits.

Grades:

What Should You Do with an Inheritance?

What Should You Do with an Inheritance?

Sooner or later, we all experience the loss of a loved one. And, while many people think it would be simply fabulous to inherit a million dollars from some long-lost aunt who they didn't know or love, the truth is, receiving an inheritance is normally a very bittersweet experience.

Grades:

Teach Kids About Charge Cards

Teach Kids About Charge Cards

Money ABCs

Credit cards allow your child to pay for things up to a certain credit limit (a fixed dollar amount set by the credit card company). For example, your child may have a $1,000 credit limit, allowing him to buy up to $1,000. Once he pays this back, he can again spend up to this limit.

Grades: