The digital future is now, and it’s impacting youth throughout the world. More and more kids are discovering the advantages of working remotely, and some are even finding ways to make money online even when they are off school. There are numerous ways that you can help your children make money online. Below we are going to explore a few of these options.
Bitcoin Mining
This form of making money online is all the rage these days. What is Bitcoin mining you ask? Let’s just say that it involves solving complex math problems to provide users with secured transactions and authenticate all transactions on the network.
The more computer resources you can afford to throw at the problem the greater your chances of solving it successfully. There are three primary ways to make money from Bitcoin mining:
1. Bitcoin Mining Contract
So you have your own Bitcoin mining operation and are looking for some workers to help you out. No problem, we have you covered. Simply go to Bitcoin mining contracts (contracts.bitcoinmining.com) and you can enter your computer’s hardware specifications straight into the browser. Once you have submitted the request, you will be provided with multiple contracts to choose from. Simply pick the one that suits your needs and enter into the corresponding Ethereum address.
This is an easy way for kids to make money online. All they need to do is check their email for follow-up instructions. Simple right?
2. Monetizing YouTube
YouTube creators are the digital generation’s equivalent of celebrities. Kids are inspired by them and want to become like them. To do this, they have to understand the value of every single video they upload. There are multiple ways that you can help your children make money fromYouTube. One of the simplest and most effective tactics is to buy and view their content. If they have a channel that earns you $10 a day, you can invest in a $5 a day YouTube plan without breaking the bank. Simply search for the right keywords in the YouTube app to find their videos. Once you have located one, simply click on the play button to begin earning money.
3. Cryptocurrency Trading
If you are a professional at valuing and analyzing cryptocurrency markets, then you can help your children make a great deal of money. Simply search for the right hashtags or keywords and find yourself a treasure trove of buy and sell orders to place. The best part about this option is none of the work is really physical. You can do this remotely from anywhere in the world.
In the virtual world of cryptocurrency, your investment can potentially grow to a million dollars or more. For some, investing in cryptocurrency is a great way to get rich quickly. If you want to teach your children about money management, then this is the perfect way to do it. Moreover, you can rest assured that their safety is a priority.
How Can 5-Year-Olds Make Money Online?
The previous two options may not be suitable for all families, especially those with younger children. For instance, YouTube creators with young children may find it difficult to keep track of their channel’s content when their kids are in the middle of a tantrum. Luckily, there are also ways that you can help your children make money even when they are away from school. Below we will explore a few of these options.
1. Product Review Sites
Traditional review sites like Amazon, Trusted Reviews, and CNET (as well as their subsidiaries) make for ideal platforms for your young reviewers. Simply head over to the site in question and look for the moneymaking opportunities. For example, Trusted Reviews presents you with a box which you can use to request reviews for any of the products you see on the page.
Product review sites are a great way for kids to learn about money management. When your kids are old enough to review products they will be better equipped to understand the value that a piece of content can have. Moreover, many of these platforms will allow you to monetize your content. Simply put, the more you put in, the more you will get out. This could be a great way to teach your children about the concept of effort and reward.
2. Survey Sites
If you have a few spare minutes to fill out surveys, then you can help your children make a decent amount of money from home. Simply find the surveys that fit your family’s needs and interests. For instance, if you are a fan of movies, then you can look for surveys that involve taking surveys on sites such as OneOpinion. You will not make much money with this strategy, but it’s a great way for your children to learn about money management and how to use basic math.
3. Playing Online Games
If you are a fan of mobile games, then you can help your children make a little money from home. This is especially convenient as many mobile games offer in-app purchases. When your children are old enough to appreciate the value of in-app purchases they will be better positioned to manage their money wisely. Moreover, many mobile games offer third-party transactions, which means that you can use a credit card to make a purchase within the game. Essentially, mobile games are a fantastic opportunity to teach your children about the advantages of using a credit card.
How Can 10-Year-Olds Make Money Online?
If you are looking for ways that your children can make some money online, then you have come to the right place. Below we will explore a handful of ways that your kids can make money online even when they are old enough to understand the concepts of banking and investing. Moreover, many parents are finding ways to make money from home via their children’s schools. Let’s explore some of these options.
1. Selling Their Own Art
Your children are passionate about something. Whether it’s fashion, music, or sports, there is a hobby or interest that they have. Now is the perfect opportunity to help them express themselves creatively. You can purchase a frame for $5 to $10 and hang their picture in a prominent place in your home. Moreover, many parents report that their kids have been able to sell paintings and drawings for as much as $100 each. If your children are artistic, then this is a great way to help them make money online. Simply search for local art exhibitions and get a head start on your children’s budding artistic careers.
2. Freelancing
Many tutors, whoers, and coaches can make good money online by teaching others how to perform certain tasks. For example, if you are an expert guitar player, then you can make money online by teaching people how to play. Similarly, if you are an expert baker, then you can start a blog teaching people how to bake. There are numerous ways that your children can make a little money online through tutoring and freelance work. This is a great way for them to learn a skill and be able to independently make some money.
3. Start a YouTube Channel
Similar to a blog, a YouTube channel can be used for creative expression and income generation. Moreover, creators with a sizable audience can opt to make money via digital publishers and platforms. The key difference between a blog and a YouTube channel is the latter necessitates less effort. Simply create a channel around your interests and expertise and upload videos on a regular basis. The more you put in, the more you will get out. So, if you are looking for ways that your children can make money online, then this is one option you should explore.
4. Start an Etsy Shop
Etsy is an e-commerce platform specifically designed for creators and consumers who want to trade directly with one another. This is a great way for your children to learn about the benefits of using a digital platform to trade goods and services. Moreover, Etsy has a wonderful community of artists and designers who are always looking to make some extra cash. If your children are interested in designing or making something, then this is a fantastic opportunity to help them turn their creative skills into a business. Start an Etsy shop in your children’s name and register the business with the state. Moreover, many Etsy shops offer free shipping, so you will not be spending a penny on shipping charges.