Is making money as a teenager as easy as it used to be?
After all, that old standby – the newspaper route – has mostly gone into the dustbin of history. I mean…who reads newspapers anymore? smh…
Meanwhile, child labor laws have cut down on the number of jobs that young people can hold.
How to make money as a teenager has become something of a matrix. You have to look for moneymaking opportunities from non-traditional sources.
But that’s not a problem, because there are more of them than ever before. We’ve come up with 50! And the only reason we stopped is that the possibilities are almost unlimited!
“Is there a subject your teen is passionate about or excels at?” asks executive career coach Elizabeth Pearson. Whether it’s math or history, music, art, or creative writing, there’s an opportunity to use their expertise to tutor. “With video conference platforms like Zoom, Skype, or WebEx, your teen can teach from the comfort and safety of their own home this summer in nearly every subject and at every grade level.”
Kids can add clips of them doing those activities on their social media which can act as a website and reference to potential clients, adds Pearson. Wyzant is a site that matches tutors with students and can be an excellent resource, and your teenager could earn anywhere from $10-$30 per hour.
Volunteer from Home
“In light of COVID-19 and the Black Lives Matter movement there are a number of organizations in which teenagers may serve as volunteers,” advises Morrow. Volunteer positions, though unpaid, can provide valuable skills which are necessary in the workforce, she adds. Try reaching out to local organizations, or check with Serve.gov or Volunteer.gov for government-sponsored opportunities.
High school summer internships, and college ones as well, are still moving forward, although most have adapted to work-from-home models. These experiences allow students to explore careers, network virtually, and meet mentors who they can keep in contact with moving forward. Have your teen reach out to their school faculty or guidance counselor to see if they know of opportunities or check with LinkedIn or Indeed for current listings. They can also reach out directly to the human resources departments of their favorite companies.
Entrepreneurial-minded teens 13 years old and up can list their digital services in graphic design, proofreading, web programming and more as “gigs” on Fivvr, a website that connects businesses and freelancers. When gigs are completed, Fiverr pays your teen directly, minus a 20 percent commission fee.
Teens who speak English as their native language can check out how to become a “personal conversation coach” with SameSpeak. Teens who are at least 16 years old converse with clients from around the world who want to improve their English. Coaching sessions last 30 minutes and teens receive 10 dollars for every session they complete.
Are you crafty? Start a small business on Etsy
Turn your passion into a business on Etsy. Etsy is an international marketplace of small business owners and a community of shoppers. Sellers don’t need a business license to sell on Etsy, and it costs nothing to start your own shop. To open your shop, choose your shop name, language, country, and currency. Once you have your items that you want to sell, post listings on your shop website.
Pet Sitter is a free service that pet walkers and sitters can use to find clients near them. As a sitter, you can set your own schedule, prices, and pet preferences.
To start, create your account on Pet Sitter based own your personal information, pet preferences, and availability. Once your account has been approved, it will be visible on the home page so that pet owners can find you. You have the flexibility to accept or decline pet sitting requests. If you accept a request, you and the pet owner will have to work out the payment details and contract.
Work part-time at a local restaurant or retail shop.
Make money this summer by working part-time at a local restaurant or retail shop! You can contact a local restaurant or retail shop to see if they have a job opening or look on websites like Indeed to find a job near you.
High school students can work a maximum of 8 hours per day when school is not in session. Depending on your workplace and state, you may have to get a permit from your school to be approved to work.
Online Yard Sale
Just finished with summer cleaning? Organize a yard sale to sort out those items. Watch our full report at the top of this page.
Spend time learning how to invest and open a custodial account
If you’re a teen and you’re thinking about investing in the future, learn how to invest this summer so that you’ll have the knowledge to keep growing your money when you’re an adult. You can learn how to invest in stocks from websites like Investopedia or on social media platforms like TikTok, where creators like @caltoleap and @ecommjess often post content related to financial literacy.
I’ve personally learned a ton about investing from TikTok. One thing I’ve learned: teens can open a custodial account to start investing. A custodial account is managed by your parent or guardian, but it allows you to start investing when you’re under 18. If this is something that interests you, talk to your parent or guardian about opening an account. And remember, investing does come with some risk (i.e. you could lose money) and it probably won’t make you rich overnight. But it is definitely a valuable skill to learn in the long run.