The Five Best Ways for Teens to Make Money

Your teenage years tend to be some of the best years of your life; however, it can also be somewhat of a confusing chapter. You’re no longer a kid, but you’re not really an adult either. You yearn for independence, but you aren’t granted enough responsibilities.

If you’re lucky enough to be living with your parents, not having to worry about paying rent, you should use this time in your life as an exciting opportunity. You can gain some valuable work experience and vital skills, all whilst making a bit of extra cash on the side.

Working and earning money as a teenager is a great way to learn the value of money and the hardship that it takes to attain it. What are you waiting for? Here are five ways that teens can make money.

Babysitting

Babysitting is a great way to spend your evenings as a teenager. If you have any experience looking after kids, or perhaps any younger brothers or sisters, this is a great way to make some money on the side. If you’re not sure where to get started ask your parents whether they have any friends that would be interested in hiring you.   

Tutoring Subjects, Sports, or Skills

The best thing about tutoring is that it’s not limited to any subject, sport, or skill. You could tutor a middle grader in science or even teach your neighbor’s kids to rollerblade. Similarly, you could make use of your technology skills and tutor any elderly people in your community.

Making YouTube Videos

If you have a creative flair, you may be more suited to content creation. If done correctly, social media is a very lucrative way to make money. You can create reviews, tutorials, or even record your gameplay. However, don’t share too much of your life and make sure to keep safe whilst you’re online. 

Stock Trading Apps

Once you already have a small bit of cash saved up, you can decide to invest this in the stock market. You’ll need permission from your parents; however, this is a great way to double or even triple your finances. If you’re interested in learning more about stocks, check out this comprehensive list of the best investment apps for kids.

Run Errands for the Elderly

Now with the current health crisis, the older generations aren’t as keen about going out. If you know someone in your neighborhood who is struggling, ask to see how you could help. You could offer to do their grocery shop, just make sure to keep your distance when delivering the items.

All in all, the most important thing you should take from your job during your teenage years is the valuable life lessons it teaches you. If you can make some extra money whilst doing so, even better! Don’t be disheartened if your first stab at the market isn’t well received as you thought it would be. Every mistake is a new learning opportunity, so don’t give up. 

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