It’s normally assumed that making money online is something that only adults do.
However, there are actually ways that kids can do this too, and this can be an interesting project for kids on their own or with their parents.
When I was looking for how kids can make money online, I was surprised at how little information there was.
In fact, most articles seemed just to talk about normal approaches to making money online, and how kids could do them.
This is a true enough perspective, but personally, I am more interested in unique approaches or approaches that kids might actually have an advantage at.
As a Joint
Project or Independently?
Any of these approaches for how kids can make money online work both for the kid on their own or for a younger kid with their parents.
Doing a joint project can be a fun approach for families to connect, and there are a lot of benefits to helping a kid earn money online.
In particular, earning money online can give a person a sense of responsibility and a greater awareness of money than they would have otherwise.
There is also something special about earning your own money when you are young.
Independent approaches to making money online are a little dependent on the age of the kid.
After all, a teenager will be able to follow many more approaches than a five-year-old kid.
In this section, I’m mainly going to focus on approaches that are relevant to a teenager, because I don’t think that anyone younger than that should be trying to earn money online without parental guidance.
There is a huge range of ways that kids can earn money online, after all, there are a lot of options out there.
The idea is to choose something that doesn’t require a significant amount of financial investment, and also something that is actually interesting for the kid.
Because of this, I’ve left out approaches like data entry, freelancing and surveys.
While these approaches can be useful for earning money in some cases, they are time-consuming and offer little reward, particularly when people first start them.
One interesting approach that has been doing the rounds is selling online game accounts.
This basically involves spending time on an online game to get a good character and gear, and sell the entire account through Craigslist or something similar.
This can be a time-consuming approach and it is quite difficult to work out what accounts are desirable and how to go about selling them.
However, it is an advantage for kids who like to game a lot.
As I mentioned before, some adult approaches of making money online do also apply to kids. Affiliate marketing is the most significant of these.
With affiliate marketing, you are promoting an online product, and earning commissions from sales.
When people do affiliate marketing, they often target a group of people with similar interests to them.
Because of this, not many people actually target kids or teenagers. Plus, kids have a unique point of view into this audience.
This makes it possible for kids to develop websites that target other people their age, picking products or services to promote that seem to fit.
Going back to the example of gaming, one type of site they could create is one where they discuss Minecraft strategies and merchandise.
Selling their Own Product
There are actually a number of different products that kids can sell online easily.
For kids with craft-based hobbies, this approach is very easy, and there are already a large number of people who sell handicrafts online.
In fact, you don’t even need your own website to do this because there are services like Esty that allow you to use their platform to sell products.
Another alternative is selling eBooks. I’m not talking about full novels, although this is an option.
Instead, I’ve seen a large number of books in app stores and online stores like Amazon that are basically guides to specific parts of an online game, such as this book from Google Play.
Developing this type of book is much easier than it seems, and it is often a project that kids enjoy.
One of the approaches I mentioned in this post was the idea of affiliate marketing. Affiliate marketing can be a good way to make money, but at the same time, it can seem challenging because there is a lot you need to learn.
Despite this, affiliate marketing is a powerful technique. It is something that older kids might be able to do themselves or it is something that you could work on as a project with your kids.
Whichever approach you consider, you can find out more about affiliate marketing through the training program at Wealthy Affiliate. Wealthy Affiliate is one of the best ways to learn about affiliate marketing, because it offers step-by-step training and has a supportive community.
Those areas help people to learn more about affiliate marketing and teach them the strategies that they need to be successful.