Menu Close

Easy ways for kids to earn money this summer

easy ways for kids to earn money

Calling all parents and guardians! Are you ready to empower your child with the skills and confidence of a young entrepreneur this summer? Say goodbye to ordinary lemonade stands and get ready to embark on an exciting journey that will take your child’s business ventures to new heights! Read on to explore the easy ways for kids to earn money this summer.

We all know that running a lemonade stand is a rite of passage for many kids. But why stop there when we can unlock the potential for so much more? This summer lets explore unconventional and exciting money-making ideas that will turn their summer into a rewarding business adventure.

Ice Cream Cart Extravaganza

To start you can re-purpose a shopping cart on wheels or a bike basket into an ice-cream cart. Add a cooler with some ice (or those lunch box ice packs), make an eye-catching cart design, and add some bells or chimes that jingle to attract customers. Or build a whole new ice cream cart! Check out how in this handy DIY tutorial from Ana White.

Next, stock up on some budget friendly treats. Big box stores like Costco and Sam’s Club sell ice cream sandwiches at great prices. Boxes of those long freezies are usually a budget friendly alternative that kids love. Or get a large tub of ice cream and some chocolate and caramel sauce and ice cream cones. Add some fun toppings for an even more adventurous journey. Gummy bears or chocolate chips, sprinkles and mini marshmallows – the possibilities are endless!

They can make a day out of it with their friends or siblings, walk or bike, or have a stationary stand! Equip them with some change, have them make a few signs and they are ready to roam the neighborhood, and bringing smiles and icy treats to everyone they meet!

Crafty Creations

Does your child have a knack for arts and crafts? Encourage their creativity by setting up a personalized craft stall. It’s a fantastic opportunity for your kids to showcase their artistic talents and entrepreneurial spirit.

They can create and sell handmade items like beaded jewelry, friendship bracelets, or painted rocks. You can help them set up an inviting display with colorful fabrics, cute signage, and maybe even a mini easel for live demonstrations.

Bookworm’s Paradise

If your kids have a love for reading, encourage them to set up a pop-up bookstore in your neighborhood. They can collect gently used books from friends, family, and local community members and sell them at affordable prices. Its really helpful if they read some of the books they are selling so they can give personalized suggestions to their customers.

You can even go a step further and help them create a cozy reading corner. Add some cushions and blankets to entice customers to stay and browse. Nothing attracts people more than other people sitting in a group, chatting, sharing and laughing.

Additionally your child can organize book clubs or storytelling sessions to foster a love for reading within the community. You can help them with signs to put up around the neighborhood, or spreading the word through Facebook, church, or other community events.

easy ways for kids to earn money

Adventure Treasure Hunts

If your kids are a little older, this is a great idea to not only bring the community together but let them put their organization skills to the test and allow their creativity to soar.

Your kids can design captivating maps, come up with clues, and hide treasures in secret spots around the area. Charge participants a small fee to join in on the fun, and watch as they embark on thrilling adventures, solving riddles and finding hidden treasures.

Outdoor Movie Nights

Turn your backyard into a magical outdoor cinema experience! Help your child set up a movie night business, complete with a projector, screen, and comfy seating. They can offer movie packages, including popcorn, snacks, and drinks, and even provide blankets or bean bags for extra comfort. Advertise their movie nights in the neighborhood, and let the enchantment of cinema under the stars draw in customers of all ages.

Garden Bounty Stand

If you have a green thumb in the family, why not set up a garden produce stand? This one will take some time to get to the end goal, but can double as productive fun and a learning opportunity throughout the whole summer.

You and your kids can plant a variety of fruits, vegetables, or herbs in your backyard garden at the beginning of summer. As the fruits of your labor start producing results, you can help the kids set up a stand and sell them to neighbors and passersby.

Help them in making an attractive stand with crates or baskets filled with fresh produce, and create eye-catching signs highlighting the health benefits of each item. It’s a wonderful way to teach your child about nature, sustainability, and the value of farm-to-table goodness.

Marketing The Idea

Your kids can create a buzz around their business and connect with their target audience in creative and engaging ways. Remember, marketing is all about capturing attention and leaving a lasting impression. Older kids can do the majority of marketing themselves, but the younger children might need some help from you to bring their ideas to the world.

The easiest way to promote their summer adventure is by making eye-catching flyers and posters. Help them by placing the flyers in local community centers, libraries, or bulletin boards to catch people’s attention. Remind your kids to include essential details like the business name, products or services offered, contact information, and any special promotions they want to offer.

If you have the time and the patience needed, you can help them in using social media. Together you can create a Facebook or Instagram pages dedicated to their business. They can share captivating photos of their products, behind-the-scenes moments, or customer testimonials. Encourage them to engage with their audience by responding to comments, running contests or giveaways, and sharing updates regularly.

Spice up your child’s business venture by organizing themed events or pop-up shops. These events can align with their offerings and add an extra layer of excitement for customers. For instance, if your kids are running an ice cream cart, they can host an “Ice Cream Social” with special flavors and toppings. They can include their customers by asking them what toppings they would like and making a special “Customer Appreciation” event at the end of a set time-period to earn more brand loyalty.

Alternatively, they can organize a pop-up shop at a local park or community event. Make sure to check with local organizations for any permits or permissions that may be needed to sell products at local events.

The money

Guide your child in setting a budget for their business. Help them determine the costs of supplies, ingredients, or any other expenses they might incur. This will teach them the importance of planning and managing resources effectively. Encourage them to keep track of their expenses and make adjustments as needed to ensure they stay within their budget.

Work together with your child to determine appropriate pricing for their products or services. Help them consider factors like the cost of materials, time invested, market demand, and competitor analysis. This exercise will teach them about value proposition and finding the right balance between affordability and profitability. Encourage them to periodically review and adjust their prices based on feedback and market conditions.

Teach your child how to calculate profits by subtracting their expenses from their revenue. Help them understand the concept of profit margin and how it relates to their pricing decisions. Encourage them to reinvest a portion of their profits back into the business for growth or save for future endeavors.

If you want to make it a teachable moment, you can tell your kids about the importance of saving a portion of their earnings. Help them create a goal, then set some money aside, explaining that they are able to buy something more valuable later. This is a real life example of how to set and achieve savings goals.

The end goal

As your kid’s summer business venture comes to a close, it’s important to take the time to reflect on their experiences and celebrate their growth. Discuss the successes they achieved, such as reaching sales goals, receiving positive feedback from customers, or overcoming obstacles along the way. Acknowledge the challenges they faced as well, and help them see these challenges as valuable learning opportunities.

kids celebrating

Take the time to celebrate your child’s achievements, no matter how big or small. Host a family celebration or invite friends over for a mini party to honor their hard work and dedication. This celebration will boost their confidence, reinforce their sense of accomplishment, and encourage them to continue pursuing their passions.

Encourage your child to seek feedback from customers, friends, and family members who observed their business in action. This feedback will provide valuable insights and suggestions for improvement. Help them view feedback as constructive and use it to refine their skills and enhance their business ideas.

Use this opportunity to discuss your child’s future aspirations. What did they enjoy most about their summer business? Are there any ideas they want to explore further or new ventures they want to pursue? Help them set goals and create a plan for their next entrepreneurial adventure, whether it’s expanding their current business, exploring a different niche, or trying something entirely new.

Remember, entrepreneurship is not solely about making money; it’s about creativity, problem-solving, resilience, and personal growth. By embracing unconventional ideas, nurturing their passions, and supporting their entrepreneurial endeavors, we can help our children unleash their potential and build a foundation for a bright future.

Leave a Reply

Your email address will not be published. Required fields are marked *