Most young people receive pocket money and when they reach 12 or 13, this turns in to an allowance where they are often expected to do a few jobs in return for their money. If you work for your money, even if this means keeping your room tidy and
unloading the dishwasher, it teaches you good habits. Tell your parents that you need to practice managing your money and they might increase your allowance.
Find out how much pocket money your parents received when they were ten years old and put the figure into an inflation calculator to see what the equivalent would be today. Your parents might be in for a shock!
In the UK:
In the US:
If you want to earn more money, you can offer to do some jobs for your neighbours. Wash their cars, clean their garage, rake up the leaves from the garden. Check with
your parents first that it’s all right but there’s almost no limit to the extra money you can earn… as long as you’ve finished your homework!!
Ten easy things you can do to earn money before you are thirteen:
- Dog walking
- Pet Sitting
- Washing cars
- Attic sorting
- Garage cleaning
- Helping adults with computer and smartphone problems
- Watering plants
- Path clearing
- Leaf raking
- Fruit picking
And remember, it’s never too early to start a business. You can make bracelets from loom bands and sell them. Buy a bag of ice cubes, crush them, add some fruit cordial in a paper cup and sell them at your school sports day for thirsty runners.