What are dividend stocks? They are just like regular shares of stock, but with one exception: For every share of a dividend stock that you own, you are paid a small portion of the company’s earnings. Basically, you get paid just for owning the stock! If you are looking to get started with dividend investing, check out Ally Invest (which is included on our list of best investment apps).
Walk dogs in your neighborhood. While most people enjoy walking their dogs, they’re often too busy to do so during the day. Their dogs’ welfare is important to them, though, so they are willing to shell out some real cash for someone to take them for walks and exercise. So, if you like dogs and have a lot of energy, put your interests and enthusiasm to good, monetary use!
If you're a teen with stuff to sell, consider looking around on Facebook for some local yard sale groups. You can join and then post your used video games, electronics, or anything else you might want to get rid of. This is a good option because there really isn't an age limit. However, definitely use caution and don't meet anyone in an isolated place alone. If you are not yet driving, have a parent or guardian drive you to meet the person you are selling to.
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I experimented with this in 2008 and made over $800 from one interview. The key here is to understand a pain point that people are experiencing, interview an expert, and ask the expert the questions that the people experiencing the problem are having. Then create a small website and sell the interview. There’s more to this, including having good copywriting skills so your website sells the interview well, and knowing where to advertise, so don’t expect to immediately pull in hundreds of dollars. That said, it’s a neat way to quickly create a product. Get the interviews transcribed, then string a few interviews in the same industry together as a membership site or bundle that you can sell for more money.
It’s always a great time to explore a few ways for teens to make money. In the past, we have talked about business ideas for teens. Those are mostly ideas that involve doing the work outside the home. Today let’s focus on work-from-home jobs for teens 18 years of age and younger. Most if not all of these could be done without setting foot outside of the house.
Rose and others looking for employment this summer: Retry the babysitting idea. Summer is a good time to babysit. Maybe volunteer a few times first and then use those families as references. Tell everyone you know that you are available to babysit. Use email, Facebook, fliers, word of mouth. Also try offering a set time every week, like Tuesday evenings form 5-9 pm in your home. Parents know they can drop off their children without calling ahead. They really appreciate that. It takes time and persistence to get the word out, butit can be done!