I don’t have a kid who is at the age to start exploring the internet and make money online. However, if my kid reaches the age and wants to explore online money making avenues, I would certainly allow him. Kids can actually make money online, there are a lot of kids who are millionaires, thanks to their online money making venture. Making money online for kids is possible, but there are certain challenges, and one of them is parental guidance and approval is must.