Ways for Teenage Guys to Make Money
Making Money is not as Complicated as You May Think!
Despite popular belief, making money as a teenager is actually rather simple, and if you get good at it, you can begin to see how profitable things are too. It seems that many teenagers however, are stuck in the thinking that in order to make any money, they need to get a part-time job or occupation, which whilst it can be a good way of generating some extra money, it is not the only way. This article is going to go through some of the best ways for teenage guys to make some more money, through ways that are not only legal, but also can be a lot of fun too!
Selling with Ebay Made Easy.
Selling Old Items.
One of the best ways of generating some extra money as a Teenager, is to sell old items and/or unused products you may have. It is possible that you may have a selection of old T-shirts or jeans that you no longer wear, which could give you a couple more bucks to spend on some of your wants. For instance, if you have a top that you originally paid $40 last year, and you have not worn it since (or instead to wear it in the future) instead of it collecting dust, you can sell this item and make some money. Who knows, you may even be able to sell the top for more than you originally bought it for!
To sell items like this, your best bet is to head over to ebay.com and to put your product up for auction. This will give you the most exposure to potential buyers, and it will give you an idea for how much people are willing to pay for the item. As a tip, you should always start your auction at $0.99 or the lowest amount that you can realistically manage, so that more people are attracted to putting in an offer.
Don't worry I know what you're thinking, there is nothing lower than to be working a minimum wage part-time job. But if you put that aside for a second, and think of just how much money you can make by just spending a few hours before or after school working you may see how it can begin to add up. Also there are plenty of opportunities available for you to experiment with. You could decide to work in one of your favourite gadget shops, or you could decide to help out at your local newsagent. Either way, having a part-time job will mean that after a couple of weeks you will begin to have a good stash of money gathered, which you can then use to buy whatever you may want.
Flipping Items on Ebay.
This is honestly my favourite method of making money as a Teenage guy. It involves purchasing various items on EBay for low amounts, and then selling them back on EBay for a profit. Whilst this may seem a bit bizarre at first, you will eventually see how it can really be a big bonus to your wallet, when you begin to see the cash rolling in. Plus, for all of you "lazy" teens out there, you will be pleased to know that all of this can be done from the comfort on your own room, and so long as you have a computer, an Internet connection and a paypal account you can do this.
Find a Good Item to Buy and Sell.
The first step of course, is finding an item that is currently at a low price that you know fully well could sell for another $5 - $10 more if you listed it well. The best items for me are video game lots, Blu Ray DVD lots and other bundles that are sold at reduced prices. Once you have found your item(s) it is time to do some math. (Basically the only work you are actually doing here.) You need to work out how much you are going to be able to make by selling the item, how much you are buying the item for, and finally how much it is going to cost you in fees to have the item delivered.
Find a Reputable Buyer.
Next, you need to make sure that the buyer you are considering purchasing from has a positive history on Ebay, and does not have any negative feedback from any of his previous customers. I find that the best sellers are those who have over 200 ratings, which are all positive giving him/her as close to a 100% rating as possible. If the seller has less than around 90% positive feedback, then it may be a good idea to avoid them when purchasing.
How Would You Like To Make This as a Teen?
How Much Would you Like to Make Per Sale?
Finally, you need to make your offer taking into consideration the math that you did before. You can decide how much you would like to make per sale, but make sure that you are competing well with your competitors, and that you are not trying to sell anything too mainstream. For instance with the amount of sellers and companies who are selling items such as the iPod Touch, you will certainly struggle to get any good deals on them, or to sell them for a good price. People will be more inclined to purchase a product like that from a highly reputable seller, rather than someone who may only have a total of 100+ ratings.
That's it! Sounds easy right? That's because it is, and once you have gotten the hang of it, the process will become second nature. There really is some great money to be made here, and there is of course the potential for you to become rich doing this. As a teenager however, it would be best to lay low and only do a small amount of business. Remember that once you go over your threshold amount you will be taxed on your profits, and you will be seen as a business. So try not to exceed that amount by too much, but do go ahead and make some money utilising this method.
Ways to Make Money as a Teenage Guy.
What you see here are just a few ways to go about making money as a Teenage guy, and whilst they are certainly some great methods for you to experiment with, you need to understand that these methods are really just temporary. You should be focusing on your future careers and venues for making money, as these will prove to be the most lucrative in terms of making the most money, and in most cases you will find that all of the work you put into your future now will pay off massively.
A Great Video Explaining how You Can Sell on Ebay.
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