How to make $50 a day as a KID WITHOUT A JOB

in #money7 years ago

Hey steemit buddies!
Retrac the 16 year old investor here!

Today I will be talking about earning GOOD money as a kid WITHOUT A JOB!
This method can also be used by adults if you are looking for some extra cash and have some extra time.

STEP 1. STARTING CAPITAL
So to make money you need to spend money, and as a kid it might be kind of difficult to find your starting capital. If you need to you can maybe ask your parents to borrow some money, however to the kids who aren't able to or don't feel comfortable doing that you can save money from holidays & birthdays ect.

If you aren't patient enough to wait for gifts then you can always search your room for things you don't need and sell them.

STEP 2.
Now that you have some cash in the bank it's time to make your first investment. When people here investment most of the time they think of the bank, stocks or bitcoin. However as a kid I found that the easiest way to get into trading wasn't through the stock market or poloniex, it was hrough garage sales... YES garage sales.

Garage sales are pretty much people just giving away their valuable shit for bargain prices! I'm not talking 10%-20% off I'm talking 60%-90%!!!

No garage sales going on around you? Checkout websites like craigslist, Kijiji! I also use the apps VarageSale and Letgo to buy/sell items.

So all you have to do is buy items for cheap and sell them high, just like trading stocks except you are trading physical items.

Tips to buying good items

  1. Make sure that you always do research on items before purchasing them.
  2. Make sure there is a market for the item so that you can sell it
  3. ALWAYS talk the price down and don't be afraid to walk away if the price isn't right for you

If you follow these rules you should be on the way to profit.

I have been doing this for a long time and at one point I was making $50-$100 a day from buying and selling items locally!
I have used my profits from doing this to invest into crypto to make even more profit everyday.

I hope you enjoyed this post and you or your kids can utilize this strategy, if you found this post useful please remember to UPVOTE, FOLLOW and REPOST. If you think I missed something or have any questions feel free to comment below!


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Welcome to Steemit @retrac, I have upvoted and sent you a tip. Check my blogs if you are looking for tips on how to earn more Steem and SBD.

hi welcome.. i am follow and upvoted you! give me the best @kunani

Sounds great nice idea. I think you can learn alot about buying and selling in a safe way.

Thanks, glad you enjoyed my post!

Sounds like a good idea!

Sounds great. When I was studying in uni, there is a facebook page call buy and sell. People always buy and sell their furnitures and clothes there.

@retrac got you a $1.53 @minnowbooster upgoat, nice!
@retrac got you a $1.53 @minnowbooster upgoat, nice! (Image: pixabay.com)


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