A few days ago two little budding entrepreneurs knocked on my door. These two little girls ages 9 and 10 were selling homemade marbles. They told me they were worried not everyone had their own marbles. So what did they do? They made a bag full of marbles out of playdough and traveled around our local neighborhood selling them for 10 cents each. Of course we had to purchase four of these beauties! Many successful entrepreneurs share the same story. Their ability to come up with an idea of selling something at a young age.
Not only is it a great idea to encourage young children how to be creative, but this also gives parents a chance to teach very important money skills. It’s also a great idea as they grow older to instill in them ways to create multiple streams of income. Never let them think there’s only one way. Many people get stuck into the trading hours for dollars mentality. That’s what we are typically trained to do and be. There’s no growth in that. That’s a path of potential poverty.
I highly encourage anyone learning how to master their money to check out, Money: A Love Story: Untangle Your Financial Woes and Create the Life You Really Want by Kate Northrup. Not only will this book help you break through your money barriers but she has a whole section on creating multiple streams of income.
Typical ways to encourage children to be budding kidprenuers.
- Bake Sales
- Lemonade stand
- Yard sale of unwanted toys
- Hold a penny collection at school and around the neighborhood. Donate funds raised to a local charity such as your local animal shelter.
- Ask them for ideas, let their creativity flow.
(Of course always keep safety in mind. I live in a neighborhood where people ride their bikes and play outside without fear. I know it’s not that way everywhere. Use caution and common sense when necessary. Make sure your kids know they never should enter a strangers home.)
Carol Lawrence is an energetic practitioner, blogger, children’s author, social media manager, author interviewer and co-editor of All Things Healing.Com. She has been happily married for twenty-eight years, a mother of two adoring sons, has several animals and loves nature, exploring the human mind, spirituality, reading, writing, mother earth, walking around in the forests of Montana and doing her part to make the world a better place.