Incomes cash as a minor underneath the age of 16 can present beneficial monetary literacy experiences and train important abilities corresponding to duty, time administration, and monetary planning. It could additionally assist younger people develop a way of accomplishment and construct confidence of their talents.
All through historical past, kids and youngsters have contributed to their households’ revenue via varied means, corresponding to helping with household companies, operating errands, or taking up odd jobs. In at present’s fashionable economic system, minors have entry to a wider vary of alternatives to earn cash, each on-line and offline.