money – Page 2 – Pennysaverblog

Family

Teach Your Kids About Money

Whether you like it or not, if you are a parent, you are a role model for your kids. Your kids observe the way you handle your money and will often handle theirs the same way. However, even if you are financially savvy, your kids won’t necessarily be as successful without some guidance starting at a young age.

Here are some things every kid should learn about money from their parents:

1. Money doesn’t grow on trees. Parents have to work hard for every dollar they earn.

2. Parents have priorities for their money. It needs to be used first for food, shelter, clothing, and savings, and whatever is left can be used for extras. Kids have to learn that they cannot always get what they want.

3. Teach your kids the value of giving. Encourage them to give part of their allowance to a charity or sponsor a child as a family.

4. Teach your kids the value of hard work. Have your children do some small chores around the house in order to earn their allowance, rather than just handing it to them.

May 2, 2009

General

10 Ways to Make Money Fast

If you are in need of some fast cash, here are some ways you can earn money quickly:

1. Sell stuff that you don’t need or no longer use. Yard sales are great for getting rid of larger items. For smaller stuff, advertise your items online and sell them on Ebay, Craigslist or Amazon. Offer to sell stuff for family and friends as well if they are unfamiliar with selling stuff online. You can share in the profits.

2. Tutor. If you enjoy teaching others, why not consider tutoring? I have had some great experiences teaching English to international students at a local university. Tutoring is a great way to supplement your income and you will meet a lot of neat people.

3. If you enjoy making crafts, make your favorite ones and sell them online at www.etsy.com.

4. Do odd jobs such as mowing lawns, trimming hedges, and shoveling snow. Advertise your services for free on community billboards.

5. Consider taking on a boarder if you have an extra bedroom and more than one bathroom in your home. You could also rent out your garage or parking spot. If you take this route, make sure to have the proper legal documents in place.

6. Offer to baby sit or take care of someone who is elderly.

7. Start your own small business in whatever you are skilled in. You can make extra money by cleaning people’s homes and businesses or by repairing computers or appliances. You could even start a business walking people’s dogs!

8. If you like entertaining people with your musical talents, consider busking to make some extra money. Start playing music or singing on the street, and people that pass by will often give you their spare change. Keep in mind that in many places you need to obtain a license to busk.

9. Bake cookies, pies, and breads and sell them at a local farmer’s market.

10. Participate in a research study as a “guinea pig” and you can earn some fast cash.

April 28, 2009