Eva Baker is a teen who encourages her peers to make money, spend wisely, and make plans for the future.
From her experience, she has found the Top 3 ways a teen can make money:
#3: Getting a part-time job
#2: Starting a small business
#1: Applying for scholarships
Eva gives teens the tools they need to get hired, ideas for small businesses that pay more than working at the mall, and how scholarships are actually great part-time jobs.
#3: Part-time job
Earning money while taking classes isn't easy, but the work can add to experience on a resume.
Eva knows how hard it is to find a good part-time job while going to school.
She offers some interview tips for teens on her blog at teensgotcents.com/interview-tips-for-your-first-job
#2: Starting a small business
Eva met a teen who created a summer business taking kids on nature hikes. It was something he loved to do and started his own business, Trailing With Isaac.
Eva is hosting a national conference specifically for teens who have their own business or who want to start their own business.
From TheTeenpreneur.com website: Attendees will leave the conference with the tools to create and implement a solid business plan. In addition, a big part of the event will be meeting other motivated and inspirational teens and having fun along the way!
For tickets and information visit www.theteenpreneur.com.
#1: Apply for scholarships
Winning scholarships from writing essays and filling out applications turns out to be an incredible hourly rate.
However, many scholarships go unclaimed because teens don't apply for them.
A teen could fully-fund four years of school tuition from scholarships alone, so begin applying for scholarships early and often.
Find out more:
Charlotte Baker (aka – Eva's mom), Eva Baker, and Steve Stewart
ALSO IN THIS EPISODE
“When can I claim my child as a dependent?” with Andy Magnus
“15 Rich Habits for Married Couples” by Tom Corley (reprinted with his permission):
- Rich Habit #1: We will stay faithful to each other and never cheat on one another
- Rich Habit #2: We will never physically abuse each other
- Rich Habit #3: We will never verbally abuse each other
- Rich Habit #4: We will manage our money as one
- Rich Habit #5: We will never spend money frivolously or spontaneously
- Rich Habit #6: We will jointly participate in at least one extracurricular activity or hobby on a regular basis
- Rich Habit #7: We will never lie to each other
- Rich Habit #8: We will control our negative emotions and avoid emotional outbursts
- Rich Habit #9: We will devote all of our available non-work time to our family and to each other
- Rich Habit #10: We will jointly make decisions. No spouse has the final say
- Rich Habit #11: We will both block off time to attend the activities of our children
- Rich Habit #12: We will have family dinner together at least two times a week
- Rich Habit #13: We will save 10%-20% of our annual income
- Rich Habit #14: We will take good care of our health by exercising regularly and eating healthy food
- Rich Habit #15: We will encourage and support each other every day
Steve's Video Course for Budgeting