Income Streams for Stay at Home Moms

Income Streams for Stay at Home Moms

Nov 28, 2019, 10:33:53 PM Business

There is an extremely high percentage of stay at home parents, both men and women. Women are more often the ones who stay at home and take care of their children in a nuclear family setting. Many women feel shameful and guilty that they cannot help contributing financially to the family while their husbands are working all day. They really shouldn’t they are doing very important work and with the spare time that they have there are definitely things they can be doing to earn an extra buck for their family.

Network Marketing

Many women find success in a Network Marketing company. It doesn’t require inventory, hiring employees or even sales experience. You test out a number of products that various companies are selling and find which one is best for you. All you have to do is tell people about it. It really is quite simple because people already tell their friends when they find something that they like. When was the last time you saw a movie you like, and you told your friends about how much you liked it and it convinced them to go see it? It is the same principle. Many companies sell quality and household products like make up or organic essential oils.

Become an influencer

Many moms have some down time, especially when the kids are at school for several months of the year. You have the benefit of being on social media and producing content that can be enjoyed by the masses. If you can somehow capture the attention of people, then you are a valuable asset to many businesses. Make an Instagram or YouTube account asnd simply start speaking your truth about a number of different topics. If you can have some fresh or insightful content, then people will likely tune in. If you can possibly talk about topics like Health, Wealth, or Relationships these topics have always had a lot of attention on them and always will. Once you get an audience paying attention to you consistently, businesses will pay you to organically promote their products and services because you have won the trust of your audience. 

Those methods can take up to a few weeks or months to all get going before you actually make any money. Here are some quick things you can do to make quick money.

Online services

If you have some level of skills than you can provide niche services on sites like Upwork. You don’t even need to have super specific skills. Everyday people on Fiverr get paid to transcribe videos into word documents. You can be paid for things like giving relationship advice, writing blog posts, proofreading or editing papers, doing research, writing emails and many more things. There are many things that you can do to make money that won’t take a lot of time or special skills. You could also take advantage of sites like vipkid and teach English. This can pay up to $22 per hour to teach English online. This helps if you speak some other language as well but is not required. 

Retail Arbitrage

Retail arbitrage may not sound very familiar, but you have probably done it without knowing. Have you ever sold some item either to a friend or online for more than you spent on it? That is retail arbitrage. Buying something and reselling it for more. This is a completely ethical and normal way to make money that is done every single day. The question of knowing what products to sell is key to this model. The answer is that you sell the items that you can mark up. You can sign up to sell products on Amazon right away and then you can get hunting for good products. Maybe you go to the store and find items in the clearance isle that are quality but just aren’t selling for some reason. Check on Amazon or Ebay right there in the store what those items would sell for. If there is a decent margin, then buy them. Many people buy products in bulk from overseas on Wish or Aliexpress and resell them in the USA. Production costs are so cheap in China, so you are more likely to make more money per purchase. 

You don’t have to feel like you are helpless and just stuck at home to help the family out. There are things that you can do that can make real money with little investment or skill. This way you can fell more fulfilled and empowered.



Published by Shahbaz Ahmed


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