Does the idea of providing for your children’s expenses keep you up at night? It doesn’t have to. Kids are capable of earning money even at young ages. I’ll tell you how mine got started.
I love telling the story of how my oldest daughter wanted to go see a friend in Oklahoma when she was 6 years old. At the time, I wasn’t working much and I was really tempted to tell her, ” We don’t have the money for that now.” Instead, another idea came to me. I told her she could go if she came up with the money for her plane ticket. Surprisingly, she was ok with that. I guess at 6, you kind of roll with the punches. Anyway, we prayed together that God would make a way for the money to come in for her plane ticket.
A few weeks after praying and dedicating a special offering to this desire at church, she got a call from her acting agent. She had an audition for a major retailer to be in a national TV commercial. Long story short- she booked the job! She was paid a session fee and a nice residual each time the commercial aired. After all was said and done, she made about $8,000 for around 8 hours of work. Yep, she also got her plane ticket and so much more! She’s since gone on to do more work in other commercials for both TV and radio, effectively making her hourly rate as high as $1,000 per hour at times. Her reputation of professionalism actually opened doors for her younger sister who has been raking in similar rates as well.
Note: If you’d like to explore this avenue of work for your children, check out my Udemy.com course on how to get started. I’ll show you what you need to get going and how to avoid the scam artists and predators of the industry. Click here to get it for just $20.
If you don’t feel like your child is a good fit for the entertainment industry, no worries. I recently wrote a post on how to get your elementary student scholarship ready. You don’t have to wait until high school to start applying for scholarships. There are tons of “essay contests” for elementary students that have payouts that are comparable to the number I mentioned above. Both my 11 and 7 year old children have already started to enter essay and drawing contests to get a head start on banking their college funds. Use your Google querying skills to look up scholarships and essay contests on the national, state and local level for various grade levels. If, alas, you don’t think your child will want money for college, then there are other business ideas and tasks they can do to make money. Here’s another post on ways kids can make money without a job.
Resources related to this post:
- Free eCourse: How to Get Your Child Started in Acting and Entertainment
- Free eBook: Getting Started in Voiceover by Carrie Olsen
- 10 Ways for Kids to Make Money Without a Job
- Need Direct Access to Scholarship Experts? Use This Platform!
- 9 Ways to Get Your Elementary School Student Scholarship Ready
- How My 10 Year Old Daughter Made $1,000 with My iPhone
- Start Investing Now- 4 Part Video Series (free)
Want more ideas on saving, earning extra money and just getting your finances together in general? Check out my free guide, Money Hacks 101: 50+ Ways to Find, Save and Earn More Money.
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