Five hassle-free and profitable hobbies for kids that are also very good sources of income

Did you know your kids can easily pay for their school fees when school resumes?

Besides earning an income, hobbies keeps kids busy at home. No more worrying about which corner of the neighborhood they are hanging out with friends. Talking of hanging out, are they even with the right company?

Here are five awesome suggestions:

Rabbits

This is an all-time kid’s favorite. It requires an easy set-up, and very flexible. Rabbits do not need lots of capital, or space. A standard balcony works just fine.

First, get a rabbit-rearing-book for the kids. Then, make a decision on type of hatch to buy – or build. Depending on your area, guide kids on how to feed them. Feeds can be purchased in grocery markets or picked from the fields, in case of a rural set up.

Chicken

Most homes already have poultry. In that case, it’s a matter of allocating a section to the kids. Make it known that the birds are their responsibility and teach them the basics of chicken-rearing. Chances are they are farmers already. Insist on management, and how to make it a profitable past time.

Doves

Besides adding ambience to the home, doves and pigeons are very hassle free. Just a basic wooden structure hung from the eaves of the family house. They need little daily inputs. Birds always have a commanding market, so income is assured.

Toys

There are a TON of homemade toy ideas floating around on the internet. Toys for babies, toddler toys, toys for preschool boys and girls. Toys made from old furniture or from items in your recycle bin, toys made from stuff you already have around the house. Within your circle, you’ll find a lot of families willing to buy toys from your kids.

Cooking lessons

This can easily translate to future career choice for your kids. It’s a lot of fun and bonding moments teaching basic cooking skills to your kids. Because of the general life style shift to working from home, lots of people would like home-delivered cakes and pastries. Skills in cooking are essential, and within a short time, will translate to a much sought after brand.

It’s awfully understated, plus for these and similar hobbies, is that they come in handy when teaching kids about money management. A kids learns how to balance priorities, make budgets and handle responsibilities. Besides, with articulate mentorship, the savings culture is instilled early.

Nothing makes a kid glow brighter than achieving a financial goal by saving for it. A coveted bike, perhaps?

Luckily, there’s a financial partner aligned to this cause.

Co-op Bank, with the iconic Jumbo Junior Bank Account.

Co-op Bank has a transitional account that’s a perfect for children below the age of 18 years. This is great as a financial teaching aid for kids, on the basics of money management.

First off, the account offers automatic membership to the Jumbo Junior Membership Club, which is packed with lots of benefits.

The Jumbo Junior Account allows discounted bank cheque’s for fee payments to the child’s school.

What’s more interesting is that the Jumbo Junior bank account attracts interest payable at 3%, annually.

To sign up, or learn more about Jumbo Junior, visit the nearest Co-op Bank branch, or click here.

The Big Bank Account….For Little People!