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How To Make Money At 12 Years Old?

Written by:
Reviewed by: Brenda Block
How To Make Money At 12 Years Old?

Getting a head start in financial education can be a game-changer for kids. While it may seem daunting to earn money at 12 years old, there are various ways to get ahead financially. Encouraging young minds to earn money and build savings can help set them up for a successful and sustainable future. This article dives into how to make money as a 12-year-old, providing creative ideas that not only help earn money but also teach valuable lessons in responsibility, time management, and practical skills. Let’s take a closer look.

1. Introduction: The Importance of Teaching Financial Literacy to Children

Teaching children about money management is an essential part of their education. It helps them develop good habits that will serve them well into adulthood. Children who learn how to manage money are more likely to become financially independent and responsible adults.

One of the best ways to teach financial literacy to children is by starting early. By the age of 12, children are old enough to understand the basic concepts of money management. Teaching them about budgeting, saving, and investing can help them lead successful and fulfilling lives.

Whether it’s through starting a business, taking on online jobs, or investing, there are many ways for kids to make money. By learning how to earn and manage money at a young age, children gain valuable life skills that will benefit them for many years to come.

In this article, we will explore some of the easy and profitable ways for a 12-year-old to make money, as well as some basic financial strategies that can help them build a solid foundation for their future. We will also discuss how to avoid scams and protect their hard-earned money.

2. Starting A Business: Easy and Profitable Ideas for a 12-Year-Old

Starting a business is an excellent way for kids to make money and learn valuable entrepreneurial skills. It’s not as hard as it might seem! Here are some easy and profitable business ideas for a 12-year-old:

Pet Walking and Sitting – If your child loves pets, they can start a pet walking and sitting business in their local community. They can advertise their services on social media or ask friends and family to refer them to others. They can also reach out to local pet stores or veterinarians to ask if they can leave flyers or business cards.

Lawn Mowing and Landscaping – Kids can earn money by mowing lawns, planting flowers, or doing other yard work for neighbors. They could charge per hour or per project and advertise their services via flyers, social media, or word of mouth.

Babysitting – Babysitting is a popular business for kids who are responsible and enjoy spending time with younger children. Teenagers can take courses to get certified in first aid and CPR for a more competitive edge. They can also advertise their services through flyers, social media, or referrals from friends and family.

Some tips to keep in mind – Encourage your child to make a list of the skills and qualities they have that could be used in a business, e.g., creativity, social skills, and time-management skills. It’s also important to understand the costs involved in starting a business, such as supplies, marketing, and taxes. Teach them the basics of establishing a budget and keeping track of income and expenses. With proper guidance and encouragement, starting a business can be a great experience for a 12-year-old.

3. Online Jobs: How to Make Money From The Comfort of Your Home

For 12-year-olds who prefer to work from home, there are plenty of opportunities available online. The internet can be a great platform for young entrepreneurs to showcase their skills and make money. Here are some ways to make money online:

1. Freelancing: Freelancing is a great way to earn money online. Freelancers can offer their services in areas such as graphic design, content writing, and social media management. Websites like Fiverr or Upwork are great platforms for freelancers to connect with potential clients and earn money.

2. Social Media Management: If you have a knack for social media, you can help businesses manage their social media accounts. This could involve creating content or managing the accounts on behalf of the business. Websites like Hootsuite or SocialBee offer tools for social media management.

3. Online Tutoring: If you excel in a particular subject, you can offer your services as an online tutor. Websites like Chegg or TutorMe are great platforms to get started. You can teach students from across the world and make money from the comfort of your home.

It’s important to note that online jobs require a certain level of maturity and responsibility. Always ensure that you are working with legitimate companies and that you are paid fairly for your work. Protect your personal information and be cautious of scams. With the right mindset and approach, online jobs can be a great way to make money at 12 years old.

4. Investing: The Pros and Cons of Long-Term and Short-Term Investments for Kids

Investing can be a great way for children to learn about financial responsibility and to earn money over time. However, it’s important for kids to understand the difference between long-term and short-term investments so they can make informed decisions about where to put their money.

Long-Term Investments

Long-term investments are those held for a period of years, with the goal of generating growth or income over time. Some common examples of long-term investments for kids include stocks, mutual funds, and bonds.

One of the biggest advantages of long-term investments is that they offer the potential for greater returns over time. By investing in solid companies or diversified funds, kids can take advantage of compound interest and market growth to increase the value of their investments.

However, long-term investments also involve more risk than short-term investments. The market can be volatile, and kids need to be prepared for the ups and downs that come with investing. It’s important for children to understand that they may lose money at times, but that over the long run, a well-diversified portfolio can usually provide good returns.

Short-Term Investments

Short-term investments, on the other hand, are those held for a period of less than one year, with the goal of generating quick profits. Some common examples of short-term investments for kids include savings accounts and certificates of deposit (CDs).

One advantage of short-term investments is that they are generally safer than long-term investments, as the principal is insured by the FDIC up to a certain amount. Kids can also earn interest quickly and easily with short-term investments.

However, short-term investments usually offer lower returns than long-term investments, as the growth is slower and the interest rates are often lower. Kids may also face penalties or fees for withdrawing their money early, which can eat into their earnings.

By understanding the pros and cons of both long-term and short-term investments, kids can make informed decisions about where to put their money. Encourage your child to do their research and seek guidance from a trusted financial expert before making any investment decisions.

5. Financial Tips: Basic Budgeting and Saving Strategies for a 12-Year-Old

Teaching children how to handle their money at a young age can help them develop good financial habits and skills that will come in handy for the rest of their lives. Here are some basic budgeting and saving strategies for a 12-year-old:

1. Set financial goals

Encourage your child to set financial goals, such as saving for a new toy or gadget, or planning for a future vacation. This will motivate them to save their money and prioritize their spending. Help them create a budget plan and show them how to track their expenses.

2. Start a savings account

Opening a savings account for a child is a great way to teach them about interest and savings. Most banks have special accounts for kids that offer higher interest rates, which can help them earn more money on their savings.

3. Avoid impulse buying

Teach your child to avoid impulse buying and to think carefully before making a purchase. Encourage them to ask themselves if they really need the item or if they can wait and save up for it instead.

4. Earning and saving money

Help your child identify ways to earn some extra money, such as doing chores around the house, babysitting, pet-sitting, or tutoring. Encourage them to save a percentage of the money they earn and to spend the rest wisely.

5. Learn to live within means

Teach your child to avoid overspending and to live within their means. This means learning to prioritize their spending, setting limits, and avoiding debt. Help them understand the importance of a emergency fund and how to save up for unexpected expenses.

By teaching your child these basic budgeting and saving strategies at a young age, you can help them develop good habits and skills that will benefit them for the rest of their lives. Remember to lead by example and to always encourage them to make informed financial decisions.

6. Staying Safe: How to Avoid Scams and Protect Your Money at a Young Age

It is important for 12-year-olds to learn how to protect their hard-earned money from fraudsters and scammers. Online platforms have made it easier for scammers to target young people, and it is important to be vigilant and stay safe. Here are some tips to help you avoid scams and protect your money at a young age:

Be cautious of online offers and deals

Unfortunately, not everything you see online is legitimate. Scammers will often lure people in with offers that are too good to be true. Avoid clicking on suspicious links or responding to online offers that ask for personal information or payment.

Protect your personal information

Your personal information is valuable and should be guarded carefully. Be cautious of sharing your information online and only provide it to trusted sources. It is also important to create strong passwords and change them regularly.

Get advice from a trusted adult

It is always a good idea to check with a trusted adult before you make any financial decisions. This could be a parent, guardian, teacher, or another responsible adult. They can help you assess whether an offer is legitimate or not and provide guidance on how to stay safe.

By following these tips, you can stay safe and avoid scams while growing your wealth at a young age. Remember to always be cautious and protect your personal information.

People Also Ask

1. What jobs can a 12-year-old do to make money?

12-year-olds can make money by doing chores for their neighbors or family members, offering pet care services, or starting a small business such as lemonade stands or selling homemade crafts.

2. How can a 12-year-old make money online?

Some ways a 12-year-old can make money online include participating in online surveys or focus groups, selling items on eBay or Etsy, or starting a blog or YouTube channel and monetizing it with ads.

3. Is babysitting a good way for a 12-year-old to make money?

Babysitting can be a great way for a 12-year-old to make money, as long as they have received proper training and are following all safety precautions. It is recommended to start by babysitting for family members or close friends first.

4. Can 12-year-olds get a part-time job?

In some states, 12-year-olds are legally allowed to work limited hours with a work permit. However, most employers prefer to hire candidates who are at least 16 years old or older.

5. What are some tips for a 12-year-old to make money?

Some tips for a 12-year-old to make money include being creative and entrepreneurial, developing strong communication skills, setting up a budget, and always seeking parental guidance and approval.


Making money at 12 years old can seem challenging, but there are plenty of opportunities available for children with an entrepreneurial spirit. From starting a small business to providing services in the neighborhood, there are several ways to earn extra money as a 12-year-old. It is important to remain safe and always seek parental guidance, and to remember that hard work and perseverance are key to success.

Toby Wooten

Toby Wooten

Quora SpecialistNovice 👶
Living in the historic town of Princeton, New Jersey, I've carved out a niche as a Quora Specialist, sharing knowledge and unraveling mysteries across a multitude of topics. Spanning the corners of history to the finicky details of today's technology, my aim is to enlighten and engage. With a curious mind and an insatiable appetite for learning, I thrive on the challenges and rewards that come from deep-dives into questions, illuminating answers for a global audience.

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