5 Great Startup Ideas for Students

5 Great Startup Ideas for Students1. Start a Janitorial Service

Cleaning business offices is easy to schedule around your school schedule, and the work doesn’t go home with you! The low start-up cost and easy marketing can make you money quickly. After college, you may not have to apply for any jobs if your cleaning business is big enough. Remember that it’s a commitment just like school, so take it seriously!

2. Offer Help as a Virtual Assistant

Many students are technically savvy, which is in demand for many business owners. Without leaving the dorm room, students can handle some of the repetitive work of running a business, including research and social media. Offering your help as a virtual assistant has a business curve, but there are many job boards out there that will let you tackle basic projects to start.

3. Write for a Content Marketing Firm

If you don’t mind writing, there are plenty of content marketing opportunities popping up these days. It can be a great little business for a student with flexible hours and little to no startup costs.

4. Clean Houses

Starting a home cleaning business doesn’t require much capital, and you can schedule your jobs around your class schedule. You can also take on new clients as you like so you don’t become overloaded with school and work.

5. Transport Belongings in College Towns

In college towns there is a real need to help people move at the beginning and end of semesters. You can rent a few trucks and have a large profit margin in a short amount of time.

Finance Friday – Biz Tripping

sarah l cook biz tripping sacandco

Are you traveling with your family any time soon? Take a look at this quick video for tips on how to make it fun and a financially educational experience too!

Here’s to your next family vacation being a successful “Biz Trip”!!!

5 Ways to Avoid Holidebt and the Holiday Shopping Trap


  1. Take a deep breath and realize you are not the only family that gets to choose to have a debt free Holiday Season! By making a conscious choice you will feel more in control
  2. Make a list of the “Holiday Expectations and Intentions” so every family member is clear about what they want for the “perfect” holiday season.
  3. Commit to spend ONLY what fits in your budget, no exceptions! There is no “extra check” in January! It’s a BIG FAT MYTH!!
  4. “Employ” some new strategies if you want to spend MORE than what you have in your budget. There are some great ideas in this video to get you started!
  5. Time for New Traditions! Regardless if the budget is tight or not, now is a great time to start some free and low cost traditions to teach your children how to have fun and memorable experiences. The skill of creating fun without the expense will serve them well for years to come.

You can find more ideas on Pinterest! Take a look! 

3 Ways to Help Your Kids Grow Their Finances: YES for Success! #FinanceFriday

Sarah L Cook Family Financial Cents Summer CashWe’ve learned a lot in the last several years of raising entrepreneur kids. On this #FamilyFinancialCents segment, I share three ways we can really help our kids to grow their finances as they grow their businesses. The three ways comprise a formula called, YES for Success! Take a look.

1. You Set the Boundaries
2. Encourage them
3. Step back and let them build their dreams!

I just got called Tiger Mom of Financial Education


Several months ago I answered a HARO request for someone who could speak authentically about financial education, budget cutting, and how the economy or life circumstance has affected family life.  My reply was heartfelt and genuine and was answered by Chris Taylor, an award-winning freelance writer in NYC.  We had emailed back and forth a few times about finance education, family finance, and teaching kids about money.  Just a couple of weeks ago he contacted me again and we scheduled to talk at 6:15 AM a few days later.  During the conversation, I realized just how passionate I was about financial literacy, how much real-life experience our family had in learning about finances and implementing what we had learned.

Below is a copy of the article Chris wrote:

“How can you do that to your kids?”

That’s the question Sacramento’s Sarah Cook hears all the time. And rather than making her feel embarrassed or guilty, she revels in the scorn. Because it tells her she’s on exactly the right track.

To be clear, Cook isn’t quite the Tiger Mom made famous by author Amy Chua, whose drill-sergeant approach to parenting has lit up message boards all over the Web. She doesn’t loom over her three kids during their piano lessons, or fire thousands of math problems at them until they achieve absolute perfection.

What Cook is doing: Leading a one-woman revolution against today’s entitled generation. Most kids these days want what they want, when they want it — and God help the parent who doesn’t provide the latest-generation iPhones and Xboxes, because you’re in for an epic tantrum.

Enough, says Cook. It’s time to get tough and furnish our kids not with their whims of the moment, but with the financial smarts that will last them a lifetime. “Parents have given our kids way too much, and always just say ‘I’ll buy it for you,’ ” says Cook, who started the website RaisingCEOKids.com. “I want them to be not so entitled.”

What that means in the Cook household: A fixed family budget, encouragement to develop their own income streams, and a system of tradeoffs where if the kids have their hearts set on buying something, they have to cut back elsewhere. So far, it’s working like a charm. When the kids wanted a trampoline, it meant scratching a family vacation to New York City. When they want a particular meal, instead of racking up big restaurant bills, they cook it themselves at home. When they wanted to free up some money in the family budget, they cut back on their cable package, and now stream Netflix and Hulu instead.

And when her son Jacob wanted toys and the latest tech gadgets, he simply had to earn the cash himself. Now, at 14, he has already run a business selling Pokemon cards on eBay, stripped down old video-game consoles and resold the parts for a profit, and fixes computers for $20 to $30 an hour.

“When other parents criticize me, I ask them to look 15 years down the line,” says Cook. “Nobody is going to pay rent for their kids, nobody is going to be buying them food. If I didn’t start teaching them about money, and what things actually cost, then I’d be lying to them about how the world works.”

And there’s the irony: In wanting to give our children every last desire, we’re actually harming them. “My technique is a little harsh, but I ask parents why they’re raising deprived children,” says Kol Birke, a financial behavior specialist with Commonwealth Financial Network in Waltham, Massachusetts. “Because tough financial times teach you how to get by, and that you don’t need luxuries to be happy. Why do we want to deprive our kids of those important lessons?”

That often leads to one of Oprah’s Aha! moments, says Birke. Parents suddenly realize how their money behavior is undercutting the values they want to pass on to their kids. Even though it seems like the ‘easy’ thing to give in and indulge, it’s a wrong-headed lesson that will rear its head a couple of decades later.

So put some money and responsibility in their hands, for instance with a small weekly allowance, and let them learn how to handle it wisely. “It’s important to let kids make small mistakes early,” says Birke. “When they discover that blowing all their money on candy at the movies is not such a great idea, then they’ll be less likely to have mountains of credit-card debt later in life.”

As for Sarah Cook, sure, she feels like the mean mom sometimes. But over the long term, she believes her tough-love approach to family finances will set her kids up for a prosperous future. “What is it you want your kids to know how to do?” Cook asks. “Do you want them to expect everything to be paid for them, and end up living at home? Or do you want them to learn how to create money from their talents, and be self-sustaining?

“The next time you feel like indulging them, ask yourself those questions.”I love Saving 4 Jars SISS