Of course, not every younger kid who has the itch to make money with a little side business is going to become a lifelong ...
Depending on your age, you could use some or all of the money placed into a Roth IRA for your child's college education or other expenses. However, if you plan to deplete the account, make sure ...
Why Sell at a Consignment Sale? Garage sales are great for selling items quickly, but selling your kid's stuff on consignment will likely make you more money. One option is a consignment shop ...
But as Kraus points out, "Giving a child a small allowance also helps them learn about making choices with their money." Continue discussing finances with your child and eventual teenager.