Thursday 29 August 2019

3 Ways Stay at Home Moms Can Earn Money

As we all know, being a mom is a full-time job in and of itself, right? Cleaning dirty diapers, cooking meals, splitting up sibling fights, and generally occupying your little ones is a 24-hour job that never ends.

But just because we’re busy being moms doesn’t mean we should be denied the opportunity to contribute financially - and it doesn’t have to. 

Personally, I got tired of dad getting all the credit for bringing home the bacon, so I spent a few months trying to find ways I could earn money from home, around my regular mom-duties. Now, I’m earning as much as dad is without having to leave the house. Here’s how…

1. Start a Blog
You don’t need to be a professional writer to start a blog. If you can write at an eighth-grade level, that’s all you really need. Sharing your thoughts, ideas, and advice online through a blog might seem like more of a hobby than a job, but it can actually generate a huge income if you do it right. At least, it did for me.
There’s a lot of moms out there just like us who would probably be interested in reading what you have to say, whether that’s parenting tips, recipes, or just random thoughts! If you can build an audience for your blog, target the right keywords, and grow an email list, you’ll eventually be able to monetize it. Remember to look into how to protect your blog so your hard work is never in jeopardy of being, reported, lost or stolen.
You can make money from your blog via ads, sponsored posts, affiliate links, and more. There are many pros to starting a blog

2. Start Tutoring
The second way to earn money I stumbled on was online teaching and tutoring children. I figured I was already taking care of and teaching my own little ones from home, so why not do it for someone else’s too? 

If you’re from the US or any other native English-speaking nation, there are tons of online English tutoring companies just waiting to sign you up out there. Some of these are very flexible, which means you can earn money around your other duties.
Put the kids to bed, log on, and start earning!

3. Invest in Stocks
Stay-at-home moms make some of the best stock investors.  According to a 2007 article published in the New York Times, a huge portion of new stock traders in Japan were housewives who ventured into the world of trading after putting their kids to bed. These women had a massive economic effect on the market, proving that it isn’t only for men.

It’s important to remember, though, that investing in stocks isn’t a work-from-home job, it’s more of an economic activity. As such, you can lose money as easily as you can make it. To make sure you make money, you can’t treat it as gambling.
I’ve found that you really have to spend as much of your free time as you can researching stocks, performing market analysis, and calculating stocks in order to make sure you invest your money wisely. While the kids are at school or busy playing games, you should be reading the latest investor column!

Author BioFinancial Wolves is a blog focused on helping you make more money to achieve financial freedom. After repaying student loans, I’ve shifted my focus to make more money from side hustles, real estate, freelancing and the online economy. Follow us on Twitter and Facebook