## FAQ
### What tasks can children do to earn money and contribute to a Roth IRA?
Children can model for website or social media, create simple art or crafts, assist with organization tasks, participate in videos or podcasts, test financial tools, games, or books, pack or prepare marketing materials, and name content or create ideas to earn money and contribute to a Roth IRA.
### How much can we pay our children to work?
The payment must reflect what you would reasonably pay someone else to do the same work. For modeling photos, $20–$50 per session is appropriate, for basic tasks like organizing or packing, $8–$15 per hour, and for creative contributions like drawings or ideas, $10–$50 per piece is fair.
### What are the benefits of paying children for work?
The benefits of paying children for work include tax savings, Roth IRA contributions, and financial education. Children can learn about earning, saving, and investing at an early age while contributing to their financial future.
## Conclusion
Teaching children the value of hard work, earning money, and investing is a crucial aspect of parenting. By involving them in tasks that contribute to a business, parents can help their children develop good financial habits and set them up for a successful financial future. Paying children for work not only provides them with income but also teaches them important lessons about money management and investing. By encouraging children to earn, save, and invest from a young age, parents can help them build a solid financial foundation for the future.