Being a stay-at-home mum with young children can be very difficult and time-consuming. Unfortunately, many working households are struggling to pay bills and are looking for an additional income stream. Whether you need to make some extra money to cover rent or are looking to save up money for a family vacation, there are a few ways that you can bring in some extra money even if you are a full-time mother!
In this guide, we will look at some of the ways that you can do this.
Sell Unwanted Items
Perhaps the quickest way to make some extra cash is selling unwanted items at a yard sale or on a site like eBay. Not only is this quick and easy to do compared with other ways of making money, but it can also help you to clear out your home and make some more living space. If you need to tidy the house anyway, you may as well kill two birds with one stone and make some money too!
Invest in Stocks
Many people follow the stock market as a hobby, and some people even manage to make an entire living from trading stocks. Even if your childcare responsibilities mean you cannot become a full-time stock trader, you may find that you can make some passive income from wise investments that do not necessarily take up much time. If you have any knowledge of business and finance, investing in stocks can be a highly profitable source of income.
Start Your Own Business
You may be thinking “how will I find time to start and run my own business while also looking after my children and doing housework?” However, starting your own business does not necessarily mean working full-time, employing staff, or anything that complex and time-consuming!
There are plenty of small, simple business ideas that you can start to bring in extra money. But how can you choose which one is ideal for you?
Consider Your Personal Skills
The first thing that you will need to do if you are trying to build another source of income is to work out what your personal skills are. For example, if you are talented at arts and crafts, you may be able to start your own Etsy store.
If this is not your area, you may be able to earn money by teaching a skill that you have. Whether it is teaching a language, a musical instrument, or even life coaching, private tuition can be a profitable and enjoyable income stream. The chances may be higher than you think that you have a skill that somebody would be willing to pay to learn, and you may be able to teach from your home using video conferencing apps like Zoom!
Set Up a Website
Even if you are running a very small, home-based business, it is recommended to have an online presence, whether just an Etsy store or your own blog. If you want to attract customers, you can use a Chicago portrait photographer to create a professional-quality profile picture that makes you appear professional and trustworthy.
There are many ways that a stay-at-home mum can bring in some extra cash. Not only can you improve your financial situation, but you can also enjoy a productive hobby that is not centred around childcare or homemaking! This can benefit your life and relationships as well as your bank balance.