Brad Lubman
Finance

Summer Cash for Kids

June 8, 2010 by · Leave a Comment 

As summer draws closer, a lot of kids are already dreaming up ways to earn a bit of extra cash while they have the time off to do it. For a lot of kids, a big drawback of the summer break is that they don’t get a regular allowance like they would during the regular school year. It makes it that much tougher to save up for things they want.

The good news for you if you are a kid, is that people in general actually have come to expect that in the summer there will be a lot of kids looking to do odd jobs. So there is never a shortage of money making opportunities. Here are some tips to earn for that skateboard, or that video game, that comic book, that MP3 player or that hot date:

• Set goals- Knowing what you want, when you want it, and how much it costs will help you plan your summer and give you an idea of just how much work you need to put in to reach your goals.
• Sell old stuff- Sell old clothes and accessories, maybe even a few usable toys that haven’t been played with in years, old game consoles and games, and even VHS tapes. There are a lot of ways you can move such goods. You can try consignment shops, garage sales or even social networks like Facebook.
• Save your cash- Your parents are bound to slip you some cash every once in a while over the summer, if you have a long term goal, pocket the cash and save up. Try not to eat out too much or play at arcades.
• The usual jobs- There is a reason mowing lawns are such a time honored tradition for boys, and babysitting is equally popular for girls. These jobs work, those who hire kids for these jobs are happy to pay for the services, and generation after generation kids keep coming back for more because the money is good.

If you’re resourceful and hardworking enough, you can have a fruitful summer, and even end up getting something really cool for yourself when it’s over.

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Brad Lubman