My 8 yr old is eager to earn some money. I’ve started educating her about money and finances because I don’t want her to be as financially rubbish as I’ve been in my life.
This year I’m concentrating on the idea of savings - she has to save a portion of her weekly £5 pocket money and during 2020 I am doubling what she chooses to put in her savings account so she gets the idea of a chunk of money accruing in her account. How much she saves each week is up to her, so far she has accrued over £100 (including the double up money!). Lockdown has helped as she’s had nowhere to go and nothing to buy.
From her pocket money she buys magazines, toys, the usual 8 yr old stuff - I’m a bit of a sucker for buying her stuff so giving her pocket money actually saves me money! She’s also learning to assess how much she really wants something if she has to spend her own money!
£100 was her self set savings goal for the year, and she’s so enthused about having met it already that she wants to add to it and see what she can accrue for the rest of the year - and she wants to earn some money to add to it!
I will not pay her for doing housework, as I have the view that if she lives here she helps keep the house. She has some age appropriate chores and she does them with relatively good grace....
Looking for ideas of what I could pay her for, or what she could possibly ask grandparents to pay her for doing? I don’t have a car for her to wash... she’s quite artsy crafty so could poss make things to sell to benevolent friends and relatives.