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I doubt the schools would allow re-selling of candy/gum, etc these days.
I wouldn't buy an electric lawn mower so the kid can make $10 (or whatever the going rate is) mowing lawns.
Weeding, mother's helper (My DD did this when she was 11. A mom in the 'hood had an art studio in the basement, and DD would watch her kid while she worked downstairs. Later, she babysat for the child alone.), raking leaves, shoveling snow, etc are good ideas. You don't want to discourage him, but he really is too young for much responsibility. Paying him for extra chores around the house is a good idea, but it can get tricky, b/c you want him to do some things just b/c he lives there and is a part of your family.
We do pay him very minimally per chore, above his own responsibilities of course. He wants a way to earn faster, because we have limits per day on some chores. There are things he wants that he doesn't want to wait for, and is motivated to work. I actually have the szme concerns about dog walking, etc that have been mentioned. Not much "helper" opportunity, as we live between two home daycares. We're going to make flyers for outdoor chores, sweeping sidewalks/driveways, etc and go from there. It's a balancing act to keep him enthusiastic but still be realistic.
My son obtained outdated computers and then updated them with new parts and sold them on Ebay. He used to be able to make as much as he needed. He got fed up with the rip ofs though and decided to work at McDonalds instead once he turned 16. However he started doing this aroun 10 -12. I do not rememeber how old he was when he started.
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