This post is specially dedicated to my mother and grandmother. They were two of the most creative women (in terms of money) I knew growing up. Their dedication to frugal living has taught me a whole lot.
By the way, I do not endorse child labour. Children should not be forced to work for a living, but if they have an entrepreneurial streak, I’d say it definitely needs to be nurtured. And the young man I feature below definitely has that entrepreneurial streak. He has his head screwed on properly.
So here is some background information for those who don’t know me that well. I grew up in Jamaica in the 70’s and had an awesome childhood. Life was good. I didn’t realise how poor we were, however. My grandmother sold foodstuff of different kinds in the overcrowded Linstead market and my mother also did the same at some points. Sometimes she worked in a shop or bar, just anything to make a living.
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Making and saving money was fun as a child. We weren’t used to lemonade stands as some children are nowadays so we had to find other ways to be creative with our money-making ventures. Here are some of the things we did to get and save money.
- Birthday and Christmas money saved for later
- Selling some of my grandmother’s fruits at school allowed me to earn a little for myself
- experimenting with cooking at home and selling the products to my brothers and sisters (very little money but lots of experience)
- Doing household chores like cleaning the floor, washing up etc.
- Selling ‘a view’ through my view master. Did you have one when you were little? It was one of my best Christmas presents ever and I loved holding it while the other kids had a little peek for about 3 seconds for 5 cents!
I know some people are much more creative than I was though! So what are some of the ways you made and saved money when you were younger?
I strongly believe in teaching kids to be frugal. Don’t you?
I have recently watched this vide from a child on how he makes, saves, and invests his money.
Isn’t he clever? I really do love it and wish you could share it too.