Readers: This is a repost of a very popular piece that my 16-year old daughter, Nina, originally wrote for my blog almost four years ago to the day, when she was just 12. Not long after I published her article here, Nina’s piece got the attention of MSN and they posted it on their website too. Thankfully, today my daughter is just as industrious as ever when it comes to making and saving money! Enjoy.
He paid me $15 for this, by the way. (Thank you, Dad!)
That money’s going to come in handy too because lately I’ve been trying to save up for a new laptop computer. The one that I have my eyes on is made by Compaq, which is the same laptop that my brother, Matthew, has. My mom and dad only use Macs, but since Macs are very expensive, I decided to get a PC.
In order to get my laptop, I need to gain around $240.
Back in April, I saved up enough money to buy a new iPod 4G, which was around $300. So I know for a fact that I can save enough money to get a laptop in no time.
Now, I have many ways that I can earn money in my house. For each chore that I do, I get about 25 cents.
I know what you’re thinking: But Nina: 25 cents? Isn’t that such a small amount? Actually, no! If I do every chore right every single day, it adds up to about $2 a day, which would give me $60 each month. Not bad.
I keep track of everything I earn in a special book called a ledger. It also has a list of all of my chores in it and the amount I get paid for each one. If you think about it, a ledger is very similar to a savings account.
My dad also gives my brother and me a chance to earn extra money once a week with something he calls The Monday Ten Dollar Question of the Night. (We have a theme song too, which is really just the “Dancing With the Stars” tune.) Every Monday night during dinner, my dad tells me and Matthew to get a piece of paper and a pen. He then asks us a very difficult question that we might never guess.
Our most recent question was this one: When you go to a carnival and you hear people shouting out, “GET YER RED HOTS!”, what are they really selling? I got it right. (It’s hot dogs!) So I got to add $10 in my ledger this week.
Matthew guessed “hot tamales,” so he lost out.
To earn extra money I used to have a lemonade stand, but now I wash cars. My best friend, Ashley, and I have a car washing business that we began in late May. We call it the “Rubber Duckiez Car Washing Service” and our motto is: “We leave your car SQUEAKY clean!” We wash on Saturdays from 10 AM to 2 PM, and we charge $10 for cars and $15 for trucks and vans! That money rakes in very fast.
I am hoping to raise enough money for my laptop by the end of the year. The effort that I will have to put in will be incredible, but I can do it!
I have enjoyed writing for you all once again! I hope to come back soon!
Photo Credit: Alan Cleaver