Young MoneySaver needs advice!

Titch95

OK so here's the story.

Im 14 years old and at the moment i am a betterware distributor (sort of like an avon girl but with a different company (and im a guy )). I barely get any orders and probably make just over a pound an hour's worth of commission.

I'm quite good with computers and have been thinking for awhile about how I could make money on the net

So far, a few things I've looked at are Paid Surveys, Trading on eBay and Free Gifts by Referrals Sites.

So I guess i need to know if any of these ways of making money are legit, and can I make enough to warrant the effort??

Im also grateful for any suggestions on other ways an under 16 can make money, online or otherwise.

Many thanks in advance - this is my first post so i hope it goes well!

Ryan :cool:

Mike1901

Assuming your parents are quite happy to let you use their account (and under their supervision) I'd go down the ebay route. Surveys at your age are few and far between (I'm not that much older so I've been through this a few years back) and the referral sites are just cons, there's no other way of putting it!

So yeah, out of those 3 ebay all the way (if you give enough time to it I've seen it be quite profitable), although at 14 I think (correct me if I'm wrong please somebody ) a parent would have to be 'officially' running the company and they'd be the ones registering as self-employed etc.

Mike

Titch95

Hi Mike, thanks for the speedy reply!

I must say eBay did seem to be the most proper looking option there. However, I havent the faintest idea what to sell, although small electronics could be an option: any ideas??

As for whether I need a parent, I think i have a workaround for that:D...

Theres no age limit for a solo card account. Once I have sorted one of those out with my bank I can use it to create a PayPal account. This means therefore I can get an eBay, and voila! . . . . . this would also mean I could buy pretty much anything on the internet, even things I cant get in shops eg 18 movies (not that i plan on doing so;))

So yeh I'll have a look into eBay. Might need to start a new thread on what sells well though!

Many thanks again,

Ryan

Mike1901

They've blocked the solo card trick - worked when I signed up (admittedly - although I'm now over 18!) but they now want a credit card to sign up (although they don't mind what you pay with once your account is good to go). In any case, you still need parents involved for the other reason I mentioned (tax etc) if you're doing it to make money (i.e buying things to sell on)

In terms of what to sell, I'm probably not the best person to ask as I only use it to sell things I don't want anymore.

Mike

Titch95

Me and my friend tried it the other day.... took 2 minutes and we were playing grand theft auto off steam :beer:

I suppose your right though, I'm getting a bit ahead of myself.

I've already been looking at how to get in business with wholesalers, that might be a bit out of my depth though.

Im not fussed about the tax man... he wont be chasing me for the amount ill be making.

Maybe I should try selling some tat around the house on my mums account - see what sells and what doesn't.

Cheers for the help,

Ryan

samhale

Mike1901 wrote: »

They've blocked the solo card trick - worked when I signed up (admittedly - although I'm now over 18!) but they now want a credit card to sign up (although they don't mind what you pay with once your account is good to go). In any case, you still need parents involved for the other reason I mentioned (tax etc) if you're doing it to make money (i.e buying things to sell on)

In terms of what to sell, I'm probably not the best person to ask as I only use it to sell things I don't want anymore.

Mike

Odd... I've had PayPal for 3 years (I'm now 16) of a solo card, and had no problems.

jdan9

I don't think you can have an eBay account if you're under 18, regardless of whether you can get PayPal or not.

EDIT: Yes, you must be 18 to have an eBay account:

From eBay site:

To become a member of eBay, individuals must be at least 18 years of age.
Breaches of this policy may result in a range of actions, including:

• Listing cancellation
• Limits on account privileges
• Account suspension
• Forfeit of eBay fees on cancelled listings
• Loss of PowerSeller status

If you believe another member is underage, please report their user ID using the Report link below and include any relevant information. If you have an email from the member, please be sure to include a copy with the full header included.

samhale

That's news to me, When I joined you could actually join eBay under 18.

Oh well, With over 150 100% feedback, it's not like I'm doing any harm.

Mike1901

Sorry sam, guarantee you that you legally werent supposed to (otherwise they'd be breaking UK law), they just made it dead easy to do so - the issue isn't with the PayPal account (you can have one of those from whenever) but the actual eBay account which allows you to bid

La-Cara

you could try doing surveys for Youngpoll, they are part of Onepoll who I've found to be very good. They do regular polls and the money adds up quite quickly.

Wings_of_Ambition

You're now going into the time of year where people like to get their gardens in shape, so why not offer your services around the local area for any handy work you might be able to help with... gardening, washing cars, etc. Might earn you upwards of £4 an hour or thereabouts, and if you're good, you can always ask your customers to recommend you to their friends.