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  1. Asked: September 1, 2023In:

    At what age can children be exposed to money making activities?

    BlessingEno60
    BlessingEno60 Active Contributor

    The appropriate age for children to be exposed to money-making activities can vary depending on their individual development, skills, and maturity level. However, introducing basic concepts of money and work ethic can start at a young age, typically during preschool years. Follow the guidelines beloRead more

    The appropriate age for children to be exposed to money-making activities can vary depending on their individual development, skills, and maturity level. However, introducing basic concepts of money and work ethic can start at a young age, typically during preschool years. Follow the guidelines below.

    Preschool (Ages 3-5):
    Introduce the concept of money: Teach children the names of coins and bills, and explain their values.
    Play money-related games: Use play money to engage in games that help children understand the concept of buying and selling.
    Basic chores: Begin to assign simple tasks like cleaning up toys or setting the table to teach responsibility and the idea of earning rewards.

    Elementary School (Ages 6-11):
    Allowances: Consider giving children a small allowance in exchange for completing age-appropriate chores.
    Savings: Encourage saving by helping them set up a piggy bank or savings account.

    Middle School (Ages 12-14):
    Budgeting: Teach them the basics of budgeting by helping them allocate their allowance or earnings for different purposes (e.g., saving, spending, donating).

    Simple part-time jobs: Some teenagers may be ready for part-time jobs like babysitting, dog walking, or lawn mowing to earn money.
    Savings goals:

    High School (Ages 15-18):
    Part-time jobs: Many teenagers start working part-time jobs during high school to earn money for personal expenses and save for college or other goals.
    Financial education: Teach them about more advanced financial concepts, such as investing, credit, and taxes.

    Entrepreneurship: Support their entrepreneurial spirit by helping them explore more significant business ideas if they show interest.

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  2. Asked: August 23, 2023In:

    Get-paid-to-watch-videos websites__are they real?

    yusra
    yusra Trusted Adviser

    There are some websites that claim to pay you to watch videos, but many of them should be approached with skepticism as they often overpromise and underdeliver. Here are a few key points: Legitimacy - Most sites that pay just for watching videos without any other action needed are not legitimate. QuRead more

    There are some websites that claim to pay you to watch videos, but many of them should be approached with skepticism as they often overpromise and underdeliver. Here are a few key points:

    • Legitimacy – Most sites that pay just for watching videos without any other action needed are not legitimate. Quality survey and research firms do exist, but are less common.
    • Earnings – Earnings from video watching sites are extremely low, often less than a dollar per hour. Claims of high earnings per hour are inflated.
    • Limited availability – Even for legitimate survey firms, there is limited video watching work available and it goes quickly. Don’t expect steady work.
    • Rewards – Rather than cash, many sites pay in points, sweepstakes entries or gift cards with lots of limitations on withdrawals. Read the fine print.
    • Data harvesting – Many of these sites make money by collecting and selling your personal data and information. Be wary sharing info.
    • Scams – Outright scam video watching sites collect payments for “training” or ask for personal information to steal identities.

    While doing paid surveys from a trusted, verified survey company can provide a bit of side income, exclusively watching videos will likely lead to very little earnings in reality. Proceed with caution if something seems too good to be true.

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