Money Jobs

In the real estate industry, there are three common ways of making money with housing: flip it, rent it out, or live in it while waiting the value builds up and sell it in future for great profit.

For domain name, you can make money exactly the same three ways as applied in the real estate industry.

Flipping
These days, it is hard to make money by flipping real estate. But flipping domain names is in different case. Flipping domain names works pretty simple. Just like reselling business. You purchase inventory then resell it to the market for profit. The domain names are your inventory or product. You will be buying domain names and sell them out quickly for profit. You don't intend to keep those domain names to develop a website on them, nor will you part it on a domain parking site.

You can buy a lot of domain names from prices $7 to $15 and sell them as quick as possible. These domain names generally have very little or no traffic at all. Thus, they aren't a valuable piece of cyber real estate that will net you thousands of dollars of profit. But, if you have bought some good names, you probably can find buyers willing to pay you $20 to $100 for a domain name.

One of the good places for selling your domain names is eBay.com. By running auctions, you gain the advantage of pressuring the buyers to fight over your domains which will drive up your prices.

All the domain names sale auctions are listed under Web Domains & Services – a sub-category of Computers & Networking category in eBay.com.

One type of domain names that often sell well in eBay.com is those four letter acronyms domain names. They don’t have to make sense, as long as they are good to pronounced, people will place their bid to buy. To know what other types of domain names are attracting buyers, you need to do research.

Browse the auction pages to find those domain name auctions that attract bids, take a look the domain names, how the sellers set up their auction and write their sale description. This can give you hints and ideas of what domain names you should sell in eBay.

Another marketplace helpful to your domain flipping business is Sedo.com. You not only can buy your inventory (domain names) there, but also resell your inventory for profit in the same place. Sedo allows you to list your domain names for sales. There are two options to choose when listing domain names in Sedo.com which are “Fixed Price” pricing option and “make offer” option. Using the “fixed price” option means you are setting a price that you want to sell. But this option isn’t recommended because most buyers prefer to negotiate when buying domains. So, it is best to use the “make offer” option. Let the buyers make an offer to you and state the price they are willing to pay will increase your chance of making a sale.

Sedo wouldn’t charge you for listing your domain names for sales, but you need to pay at least 10% commission if a sale is resulted. The minimum commission you must pay is $50 if you sold a dot com, dot net, dot info and dot org domain name in Sedo. So, you would want to use Sedo only when you have high potential domain names to sell.

Jobs For Kids

Some other trusted marketplaces for selling domain names are snapnames.com and tdnam.com and etc.

BABY SITTER

If you child likes younger kids, then a baby sitter is a popular choice. Parents often need a good and reliable baby sitter to watch their kids. This position can be even expanded into a baby sitting service, by joining together a group of people who can offer baby sitting services to all the parents in the neighborhood.

PARENTS HELPER

A parents helper is similar to a baby sitter. However, if your child is too young to baby sit on their own, then a job helping parents is a good opportunity. They can help watch someone's kids, assist with the feeding, playing, or doing chores around the house. Later, once your child is older, they would likely have gained some references for regular baby sitting work.

HOUSE CLEANING

Instead of a parents helper, your child could simply do house cleaning. There are many chores that would be suitable such as vacuuming, dusting, etc.

LEMONADE STAND

Everyone is familiar with the old fashioned lemonade stand. Of course, this is a seasonal business, depending on your location. During other times of the year, it could be a warm apple cider business -- but be careful if your child needs to handle hot items. Also try selling coffee, donuts, snack bags, or other food items. If possible, set up a booth at a local community fair, or sale if allowed.

In addition to food, there is the possibility of selling other types of items. Is your child good at crafts? Then have them make their own artwork to sell. Sometimes, a combination of food and items makes a good business.

CAR WASHING

Car washing is a needed service in many communities. Have your child get together with a few friends to offer to wash local cars. As an addition to this business, they can sell items mentioned in the lemonade stand section above while people wait for their car to be washed. See what other professional car washes charge in your area, and price the services competitively.

ANIMAL CARETAKER

If you child enjoys animals, then try an animal caretaker business. This might involve walking dogs, dog washing, or general grooming.

HOUSE AND PET SITTING

If a neighbor is taking a trip or vacation, then taking care of their house and/or pets may be an opportunity. This may include watering plants, and any other chores they may need.

LANDSCAPING

Cutting grass, weeding, trimming, planting flowers, and other landscaping jobs are abundant. Scan the neighborhood for homes that need landscaping services. In the spring, offer to plant flowers, or do winter clean-up.

SNOW REMOVAL

In the winter time, many people need to have their driveways or sidewalks shoveled. This job works best when a group of kids can work together shoveling several houses. Create a business, and make arrangements to shovel peoples houses before the snow storm.

ADDITIONAL IDEAS

- Ask what kids can do in their own home, such as writing little stories that they can sell to their family and friends.

- Kids can create their own jewelry to sell, or decorate interesting rocks.

- Raking leaves.

TIPS FOR RUNNING THE BUSINESS

For many of these jobs, have your child print and hand out flyers to be distributed in the neighborhood. As the business grows, references or work previously done could be quoted.

Giving out free samples is always a good way to attract business. For services, offer coupons for new potential customers.

SAFETY AND OTHER POINTS

Most important for any of these jobs, is making sure your child is safe, so make sure they are old enough to follow important safety guidelines including:

Make sure you always know where they are.

Avoid going door to door by themselves.

Recommend that they do jobs that they like to do. Be sure they are mentally prepared and committed to do the work they need to do and promise to do.

If there is a cost in setting up the business, make sure they have enough money and know where the money is going to come from.

All these jobs should not interfere with normal school work or completing homework for school.

Help them set fair prices for the work they are doing.

Tell them to come to you for advice if they need it.

MEMBER TIPS

Here are some more ideas sent in from our members and readers of this site:

  • I once did a lemonade stand, 25 cents a cup and I ended up with $35.00.

  • I think its better to either baby-sit or car washing or paper rounds and also you can help in some shops.

  • Yard sale.

  • Ways to make money - mow lawn, lemonade stand, sell cards, cars wash, garage sale, dog sitting, cat sitting, basically pet sitting, baby sitting, and rake lawns.

  • Asking to take your dog for a walk or clean the dishes.

  • Paper route.

  • When your working at a lemonade stand, always be polite. Give people their change, say please.

  • KIDS CAN MAKE COOKIES CAKES BROWNIES INC. ONLY WITH ADULT SUPERVISION.

  • Bird house builder, $2.50 per house

  • Create your own mechanic or fixing job. For example fixing broken bikes.

  • Hey your kids could earn money by walking dogs or how about helping out with the community as they pay good money for little kids to get involved but parents have to sign permission.

  • Kids could do face painting at a town fair or in their neighborhood. Also, they could sell their own artwork.

  • Kids can also look around the house for toys or any thing that hasn't been opened. then they could sell the items in their town.

  • Window washer, car washer, lemonade salesman,

  • A child can maybe help the elderly unpack or unload a car full of things such as groceries or bags of clothes etc.

  • When a child starts their own business it takes them to a level of learning. Sometimes a parent should not help their child with their business so that the child can learn by their give them a few pointers but do not do the work for them. you won't help when their an adult so don't make your help a habit on your child

  • When it is hot out buy a case of bottle water and take it to school and sell it for $2 each.

Way for Kids To Make Money

One day, your child will need to earn a living. Kids can get an edge on the work world by starting early and in doing so they will gain valuable experience working with different people, learning about managing money, have some money to spend once they get older, or save for college.

A lemonade stand, mowing lawns, baby sitting, and doing odd jobs are popular ways that kids can earn money while learning some important life skills.

But first ask yourself, is your child ready to work? Do they have the time, and it won't interfere with their school work? If they are ready, then here are some ideas for kids to make money.

Also, to help encourage saving, see our budgeting section for some helpful lessons.


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