How To Make Money Online As A Teenager

Ways to make money online as a teenager may seem limited, as many websites require participants to be at least 18 years old, and those that are open to minors may not be reputable or may not be worth your while. time. It is important to know the details before registering. To help you choose the right option, here’s what you need to know about five frequently mentioned lucrative sites available for teens.

Freelance

If you have a skill that others might pay for, like writing, coding, or managing social media accounts, there are websites that can help you start a freelance business. Here’s a breakdown of two options available to teens:

Fiverr

This site is intended for users 13 years of age and over and is intended more for full-time professional freelancers. However, teens can post ads for many services, like writing emails for a marketing campaign and coaching people through difficult levels of video games. Registration, also known as concerts, starts at $ 5, but you set your own rates. You get paid 80% of the price of your ad – Fiverr keeps the rest – and additional fees apply depending on how you withdraw your earnings.

Freelancer.com

With over 1350 categories to choose from such as Photoshop, design, and data entry, teens can find a variety of money making opportunities on this site. It usually helps if you have an existing portfolio of work to showcase your skills. But depending on the category you choose, this may not be necessary.

You must be at least 16 years old to use Freelancer.com. According to local laws, those under the age of 18 may use an adult’s account with the authorization of the account holder. With a free membership plan, you can bid on eight paid missions per month. The site charges a fee of 10% or $ 5, whichever is greater, if you receive a fixed-price project. There is also a transaction fee of 2.3% plus 30 cents if you get paid by credit card, PayPal, or Skrill.

Money saved is money

Track spending across all of your accounts to see where you can cut or save.

Sell ​​things

If you have things to sell – cool things you’ve done or items in your closet that you’re ready to part with – large online marketplaces can connect you to a wide range of customers. Here are two sites to consider if you want sell stuff online:

Etsy

This site is usually the go-to option if you have any art or handmade items for sale. LeiLei Secor, who founded the Etsy boutique DesignedByLei, started selling her handmade jewelry on the site the summer before her freshman year of high school. She has since used her earnings, which have exceeded six digits, to pay for her college education.

Before opening your own store, there are a few things you should know about Etsy. You are allowed to sell on Etsy if you are at least 13 years old, but if you are under 18, you are considered a minor. This means that you will need to disclose your minor status in the “About” section of your profile.

You will also need access and authorization to use a parent’s or legal guardian’s PayPal account or credit card. This comes into play for the fees you will have to face. There is a charge of 20 cents per listed item and a 5% transaction fee for each item sold. If you use Etsy Payments, you will pay an additional 3% processing fee plus 25 cents per sale in the United States. Check full list of requirements for minors selling on Etsy and learn more about how to make money on Etsy.

EBay

To sell on eBay, you must obtain permission to use the account of someone 18 years of age or older. When you add an ad, you set the price or allow people to bid. For auction type listings, you can set a starting price to ensure you make a profit. If you are selling something that is not common on the site, an auction type listing is usually the best option. Otherwise, fixed-price ads are the way to go.

For most product categories, it’s free to list up to 50 items per month. The site typically takes a 10% discount on your final sale amount, which includes shipping costs but not sales tax. PayPal will also charge a processing fee if you use it to receive payments. Learn more about how to make money on eBay.

Take surveys

Taking online surveys is certainly an easy task – you can do it almost without thinking while watching TV. But it is difficult to make a lot of money this way. A 2017 NerdWallet Analysis found that the hourly earnings of the survey sites ranged from 41 cents to $ 2.03.

If you do decide to give the polls a try anyway, keep in mind that it can be easy to over-share while answering questions. Leave surveys asking for your social security number, bank account number, or driver’s license number. And install anti-malware software in case any of the survey sites send you to a third-party client with spam.

Here’s the scoop on a popular survey site that accepts participants aged 13 or older:

Swagbucks

Participants can earn points by shopping online, watching videos, and completing surveys. One hundred points typically earns $ 1, which you can redeem for gift cards or cash. Community forums like the Swagbucks subreddit can help you determine the best value for point rewards.

Explore other options

These aren’t the only ways teens can make money online. If you are exploring other options, proceed with caution. Reading user reviews, community forums (like subreddits), and Better Business Bureau website profiles can help. avoid online scams. At best, scams are a waste of time. At worst, they can cost you money and put you at risk for identity theft. If you don’t know if a site is legitimate, trust your gut and avoid it.


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