As a kid, making money can be a thrilling experience. Not only does it give you a sense of independence and responsibility, but it also teaches you valuable skills like budgeting, saving, and entrepreneurship.
Here, we will explore 20 of the best ideas for how to make money as a kid in 2024. From traditional jobs to online opportunities, we will cover a number of options that are perfect for kids of all ages and skill levels.
How to make money as a kid
Here we have mentioned 20 methods to answer how to make money as a kid; have look:
1. Start a Blog
Starting a blog is a great way for kids to make money in 2024. With the rise of social media and online content, blogging has become a popular way for kids to share their thoughts, experiences, and expertise with the world.
You can monetize your blog through display adverts, affiliate marketing, and sponsored posts. To get started, choose a topic you are passionate about, set up a blog on a platform like WordPress or Blogger, and start writing.
2. Sell Handmade Products
If you are crafty or artistic, consider selling handmade products online or at local markets. You can make jewelry, knitted items, or even baked goods. Use platforms like Etsy or eBay to reach a wider audience, and do not forget to price your products competitively.
3. Pet Sitting or Dog Walking
If you love animals, consider offering pet sitting or dog walking services to neighbours or family friends. You can also advertise your services on social media or use pet-sitting platforms like Rover.
4. Lawn Care or Yard Work
Lawn care and yard work are essential tasks for many homeowners, and kids can have their services to help out. You can mow lawns, rake leaves, or shovel snow and get paid for your hard work.
5. Babysitting or Nannying
If you enjoy working with kids, consider babysitting or nannying for families in your neighbourhood. You can also advertise your services on social media or use babysitting platforms like Care.com.
6. Delivering Newspapers
Delivering newspapers is a classic way for kids to make money. You can apply to become a paperboy or girl and earn a steady income each week.
7. Recycling
Recycling is an important part of keeping our planet clean, and kids can get involved by collecting cans and bottles and redeeming them for cash.
You can also recycle scrap metal, paper, or cardboard and sell it to local recycling centers.
8. Participating in Online Surveys
Many companies have online surveys that pay kids for their opinions. You can sign up for survey sites like Swagbucks or Survey Junkie and earn rewards for sharing your thoughts.
9. Selling Stock Photos
If you have a good camera and an eye for photography, consider selling your photos on stock photo websites like Shutterstock or iStock.
10. Creating and Selling an Online Course
If you are an expert in a particular subject, consider creating an online course to teach others. You can host your course on platforms like Udemy or Teachable and earn passive income.
11. Affiliate Marketing
Affiliate marketing involves promoting products or services and earning a commission for each sale made through your unique referral link.
You can join affiliate programs like Amazon Associates or Commission Junction and start promoting products that align with your interests.
12. Selling Unwanted Items
Declutter your room and make some extra cash by selling unwanted items on platforms like eBay, Craigslist, or Facebook Marketplace.
13. Participating in Online Tutoring
If you excel in a particular subject, consider offering online tutoring services to younger kids who need help. You can use platforms like TutorMe or Chegg to find clients.
14. Creating a YouTube Channel
Creating a YouTube channel is a fun way for kids to express themselves and earn money through ads, sponsorships, and merchandise sales. Choose a topic you are passionate about and start creating content.
15. Selling Merchandise
If you have a talent for design or art, consider creating merchandise like t-shirts, stickers, or mugs and selling them online or at local events.
16. Participating in Online Contests
Many companies have online contests or sweepstakes that pay kids for participating. You can search for contests on websites like Online-Sweepstakes or Contest Girl.
17. Selling Your Skills
If you have a particular skill, like coding or graphic design, consider offering your services to clients on freelance platforms like Upwork or Fiverr.
18. Creating an App or Game
If you are tech-savvy, consider creating an app or game and selling it on app stores like Apple App Store or Google Play.
19. Selling Your Photos on Stock Photo Websites
If you have a good camera and an eye for photography, consider selling your photos on stock photo websites like Shutterstock or iStock.
20. Participating in Online Focus Groups
Many companies conduct online focus groups to gather feedback from kids. You can sign up for focus groups on websites like UserTesting or Swagbucks and earn rewards for participating.
How much can young kids earn before paying taxes?
The IRS treats dependent children differently depending on whether they earn money from work or through investments. Here are the earning thresholds for young kids:
- Earned Income: For earned income (wages, tips, salaries, and self-employment income), the threshold is: + $13,850 in 2023. $14,600 in 2024. If your child earns more than this amount, they typically need to file a personal income tax return and might owe tax.
- Unearned Income: For unearned income (interest, capital gains, dividends, unemployment compensation, annuities, Social Security benefits, and distributions of unearned income from a trust), the threshold is:$2,500 in 2023
- $2,600 in 2024
- If your child’s unearned income exceeds this amount, you can choose to include it on your return, and your child would not need to file a return. However, if your child has other types of income, you must file a return for the child.
Is there a minimum age children can work?
The minimum age for work varies depending on the country or jurisdiction. In the United States, the Fair Labor Standards Act (FLSA) sets the minimum age for employment at 14 years old, with limitations on the number of hours worked by minors under the age of 16.
In the U.K., the minimum school leaving age is 16, and children can only start full-time work once they have reached this age.
They can then work up to a maximum of 40 hours a week. Children under 16 can work part-time, but there are restrictions on the number of hours they can work during school holidays and term times.
Conclusion
In conclusion, making money as a kid in 2024 is easier than ever. From traditional jobs to online opportunities, there are countless ways for kids to earn a steady income. Whether you are tech-savvy, or entrepreneurial, there is something on this list for you.
FAQs
How old do I need to be to start making money?
According to the U.S. Department of Labor, kids cannot legally take on their first job for an employer until they are at least 14 years old. However, there are many ways to make money before then, such as starting a blog, selling items online, or doing chores for family and friends.
How to make money as a kid?
Some easy ways to make money as a kid include mowing lawns, walking dogs, pet-sitting, recycling, and selling items you no longer need or use. You can also try starting a lemonade stand, selling baked goods, or offering to help neighbors with tasks.
Can I make money online as a kid?
Yes, there are many ways to make money online as a kid, such as creating a YouTube channel, selling products on Etsy, or offering services like graphic design or writing on freelance platforms like Fiverr.
Do I need to have a business to make money as a kid?
No, you do not necessarily need to have a business to make money as a kid. You can also make money by doing chores for family and friends, or by selling items you no longer need or use.
How can I get started making money as a kid?
To get started making money as a kid, think about what you are good at and what you enjoy doing. Then, brainstorm ways you can use those skills to make money. You can also talk to your parents or a trusted adult for ideas and guidance.
Can I make money by doing chores?
Yes, you can make money by doing chores for family and friends. You can also have to do chores for neighbors or other family members who may need help. This can be a great way to earn some extra cash and learn important life skills.
