9. YouTube

YouTube is absolutely huge – every teenager in the world knows that – and while becoming a bona fide YouTube star is by no means easy, it’s absolutely worth giving it a go.

If your kid enjoys being in front of the camera and has something interesting to say about a popular topic, building a following on the massively popular video-sharing platform could be a fantastic way to make a lot of money.

Money is made by becoming an affiliate or through advertisement revenue – and the content could be anything from product reviews, product unboxing or gaming footage.