In this first post of our collaboration with The Penny Pincher, we’re exploring how kids can make money during the school holidays in age-appropriate and practical ways.
For children aged 8 to 10, a yard sale or car boot sale is a fun and legal way to earn some extra cash, and it’s a great opportunity to start learning essential money skills!
So, if your child is between 8 and 10 and showing signs of entrepreneurial flair, or you’re simply looking for a screen-free way to teach them about money, a yard sale or car boot stall could be the perfect weekend project!
Yard sale: Simple and convenient. Set up a small stall or table in your front garden or driveway. No licence needed, but keep it low-key.
Car boot sale: A fun day out, and a great way to shift more items. You’ll need to book a pitch and provide transport, but the built-in crowd can be worth it.
As an adult, you’ll need to be present at either event; under-13s can’t legally work or sell alone, so factor that in. You might want to rope in another parent, friend or family member to help out, as you'll want to be able to take a break!
Consider getting together with another parent to host a joint sale, as this will help reduce costs. Additionally, working together as a team will likely increase sales and potentially generate extra business.
Great sellers for this age group include:
Your child may not have a clear idea of what items are worth, so help them come up with fair and simple prices. Round figures like 50p, £1, or £2 are easy to manage and make giving change simpler.
Top tip: Use coloured stickers to mark different price bands (e.g. red = £1, blue = 50p), or write prices directly onto labels or paper tags.
Let your child take the lead, but help them with the practical bits:
For yard sales:
Create a sign to hang on your gate or fence to let people know about the sale, and post it a week in advance; there's nothing worse than setting up a yard sale and having no customers!
Tell nearby neighbours, school friends or family members; Facebook is a good way to spread the word!
Use chalkboards or post flyers through neighbours' doors on your street to drum up business! The child could design the flyer themself, making it even more fun, and help make the sale succesful.
For car boot sales:
Check the organiser’s website for start times and directions
Pack up the night before to avoid a morning rush!
Expect to be busy early, most of the bargain hunters come as soon as the sale starts, so manage expectations as it may seem like it's going to be constantly busy, but explain it'll get quieter later, and also have something they can do, like a good book to read, for when it is quiet, to avoid the "I'm bored" moments!
I've already mentioned it, but take drinks and snacks, the kids get hungry, and you don't want to end up spending money on food there, it cuts into the profits!
Use the event as a chance to teach simple money concepts:
This is where nimbl can make a big difference. If your child has a nimbl card, you can transfer their earnings digitally, a safe, cashless way to teach budgeting and tracking.
With nimbl, your child can:
It turns what could be ‘just a fun day’ into a hands-on money lesson.
After the sale, sit down with your child and talk through:
You can also discuss how they plan to use their money, such as treating themselves to a small indulgence, saving towards something bigger, or even donating a little to a cause they care about.
With a bit of guidance from you and a tool like nimbl to help them track their earnings, a simple yard sale can become a brilliant confidence booster, a memory maker, and the start of some serious financial awareness.
This is a collaborative post written by and first published on The Penny Pincher blog. The Penny Pincher is Al Baker – and he's brilliant at finding clever ways to save and make money. He started his blog, ThePennyPincher.co.uk, after going through a tricky time with money. Now, he shares all his best tips to help people feel in control of their money – from budgeting and bargain hunting to fun ideas for earning extra cash. Think of him as your friendly money guide, helping families make the most of what they’ve got. |