Oliver said, “I’m currently trying to do it full-time which is for me only on the weekends, any day I have. I’m trying to get this business to go. I have a few others. I sold a trashcan business play with them in an out for people. I’m trying to grow my business a lot and I’m currently getting into water fed pole work.”
Little dude is inspiring! Very rare to see a kid wanting to work. Never too young to start teaching personal accountability and responsibility.
My first pay check with my name on it was at 7 years. Relatives threatened my parents that they’d call child services. Bought my first Specialized mountain bike at 8 years old with cash. Nothing could’ve better given me such a boost in confidence!
At 11 years old, we can assume he’s still claimed as a dependent by his parents/guardian(s). He can file a return, if he chooses, but if he makes anything less than $14,600 he would get back everything he paid in (exc Soc Sec and Medicare). At 11 years old, I was working odd jobs, being paid cash under the table, Federal government had no idea I existed except as a dependent on my parents’ returns. Didn’t make anywhere near enough to bother filing it (talking maybe $2-300/mo), and I doubt Oliver is, either, if he’s mainly just working weekends.
As to whether he’s underbidding jobs and messing up the market, we can really only speculate. I’m hopeful that one lone kid low-bidding one or two jobs per weekend wouldn’t have too great of an impact on the local market!
I have experience with this from my time detailing cars in our small town (pop 1500ish). There would be local high school kids cleaning cars pretty much every summer + spring weekends, but their quality wasn’t up to the standards mine was, so except for a few maintenance washes, they really didn’t take any business from me to speak of.
Anyway, I’m new here, just wanted to share my knowledge/experiences on the matters you mentioned. Hope everyone here had a great Thanksgiving! Happy Black Friday!
Also, where do we apply for No-murder medals? Is there a ceremony? Lol