How to Teach Your Kids to Earn Money at Ages 18, 19, and 20

Dec 3, 2023 | Make Money Online | 30 comments

How to Teach Your Kids to Earn Money at Ages 18, 19, and 20




Teaching your kids how to make money is an important life skill that can set them up for financial success in the future. By instilling a strong work ethic and financial responsibility at a young age, you can help your children develop the tools they need to not only earn money, but manage it wisely.

Here are a few tips for teaching your kids how to make money:

1. Encourage entrepreneurship: Encourage your kids to think creatively and come up with their own ways to make money. Whether it’s starting a small business, selling homemade crafts, or offering services to neighbors and friends, entrepreneurship can teach valuable skills such as problem-solving, marketing, and customer service.

2. Teach the value of hard work: It’s important for kids to understand that money doesn’t come easily. Encourage them to take on age-appropriate chores and responsibilities around the house in exchange for an allowance. This will help them develop a strong work ethic and a sense of responsibility.

3. Foster financial literacy: Teach your kids about the basics of money management, such as budgeting, saving, and spending wisely. Help them set up a savings account and encourage them to save a portion of their earnings for future goals.

4. Set a positive example: Kids learn by example, so it’s important to demonstrate good financial habits yourself. Talk openly with your kids about your own financial decisions, and involve them in family discussions about money.

5. Provide opportunities for learning: Look for opportunities for your kids to gain real-world experience in making money, whether it’s through a part-time job, internships, or volunteer work. These experiences can help them develop valuable skills and learn the importance of hard work and dedication.

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By teaching your kids how to make money, you can empower them to take control of their financial future and build a strong foundation for success. With the right guidance and support, they can develop the skills and confidence they need to navigate the complex world of money and achieve their financial goals.


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30 Comments

  1. @ullrichbuss1064

    Very true! A real useful profession for your child is the BEST investment.

    Reply
  2. @Chicag343

    i know one jewsh rabbi American who's scum American banks over 100 million dollars and he went to Israel

    Reply
  3. @SamHarris-yv7bi

    yeah right, steal other peoples homes like the Palestinians

    Reply
  4. @sbsb8524

    Yes, and that is by involving in usury which is forbidden according to Torah. But, still very much jewish, astonishingly.

    Reply
  5. @lolahernandez6871

    My parents taught us how to work hard and be smart with our money

    Reply
  6. @tgsvhedasda5785

    And how do i Teach them To make money If i by myself have no clue?

    Reply
  7. @Megaliberator-mt4dc

    I teach my children not to kill their neighbors and steal their land

    Reply
  8. @adz8709

    The irony. Koz you teach them to make money. But you steal others lands and then ethnically cleanse them to build your own homes! Ohhhh the irony.

    Reply
  9. @bonjourmadam56

    Really,like ftx and Bernie Madoff making money…..these people are horrible

    Reply
  10. @azharbutt2950

    Teach your children that they are equal human beings just like everyone else so they dont grow up with a false sense of self importance and start land grabbing and ethically cleansing their neighbours

    Reply
  11. @jaypullings2115

    TEACH YOUR CHILDREN FIRST HOW TO BE HONEST, THAN TEACH THEM HOW TO EARN MONEY WITHOUT CHEATING PEOPLE.
    ELIJAH

    Reply
  12. @Victor-dx91

    Teach them respect humanity and respect the people who offered you shelter in 1947 when you people were kicked out from Poland and Germany don't steal anyone's land

    Reply
  13. @kaha6987

    Teach them not to do genocide and not to do banking

    Reply
  14. @bubajoon

    Teach them to to do Charity and share with the unfortunate. This the only thing missing in your Torah teaching. CHARITY

    Reply
  15. @ceekay5267

    Humane Society Secret #1

    Not everything is about money like it is for u Jews. U would sell ur own mother for a dollar

    Reply
  16. @mravz3306

    Teach your kids Quran, and Quran will teach them everything insha'Allah!

    Reply
  17. @alanas19861

    Please teach me, my father was pretty much absent most my life, my mom taught me to be respectful to all others. But making a living im flat out, i live paycheck to paycheck im exhausted

    Reply

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