For those who are stay-at-home parents, I tip my hat. What you do is hard, important, and can be extremely rewarding.
So what do you do as a stay-at-home parent if your current income just isn’t cutting it? How do you go about increasing your income while holding down the fort at home?
We at Income School want to help you find a way to generate income and build wealth no matter what your situation.
I know lots of people who are stay-at-home parents. Lots of them aren’t worried about earning a living, because the work that their spouse does earns enough for their needs. That’s so great. Being able to dedicate your time and attention to raising your children is truly wonderful. But for many people, it’s not enough.
For some, they struggle to pay the bills without a second income. For others, the parent life isn’t enough to keep them mentally stimulated and they need something more. And for others, they really want to put in the work now to lay a foundation for financial independence in the future.
Whatever your situation, if you’re a stay-at-home parent looking to generate more income, or if you’re a stay-at-home parent that’s already generating a nice income, then this article is for you.
So how do you generate income from home while being a parent?
Check out a few of our suggestions here.
Build a Web-based Business
Probably one of the best ways to generate income as a stay-at-home parent is to build an online business. As a parent, you probably don’t have a lot of free time, but if you can find 30-60 minutes per day to write, then you can use that time to write a blog. For tips on how to get started with that, check out our instructions to get started here. We’ll walk you through setting up your own blog step by step.
Don’t get me wrong. It takes some work. Building the site from scratch, even using WordPress, can take some real effort. And writing can really be a drag if it’s something you don’t like to do. So blogging isn’t for everyone, and if it isn’t for you, then don’t do it. Find something else.
Sell a Skill
What skill do you have that someone out there might be willing to pay for?
Think about it. Are you good a crafty stuff? Do you like to sew? Are you a photographer? Do you make anything? Have you done any graphic design?
There are people all over the place that are looking for something that you know how to make. And if that thing that you can make can be made while hanging out with your kids, that’s all the better.
It’s not too hard to set up a store on Etsy, or to get set up on Fiverr or any of the many other sites where people look for freelance work. Talk to the people you know who might want to buy what you have. Put an ad in the local paper, or on Craigslist. Whatever your skill is, there is someone out there that will be willing to pay for it.
Babysit Other People’s Kids
I know that for most parents, taking on more kids doesn’t sound like fun. But some parents are naturally gifted with children and love every moment with them. If you’re one of those parents, then set up a small-scale daycare. Make it unofficial. Offer to watch your friends’ children while they shop or go out to lunch. There are lots of daycare or preschool types of services that you can offer right out of your own home.
There are tons of multi-level-marketing companies where you work as a consultant for their products. There are some in the health space like Zija, Plexus, doTerra, etc. There are others in cosmetics like Mary Kay, Avon, Younique, and Melaleuca. You can get into candles and good-smelling stuff with Scentsy. You can probably even still sell Pampered Chef or Tupperware.
There’s nothing wrong with multi-level-marketing. Some people make a ton of money at it. Some stay-at-home parents are using it to make a little extra on the side. The nice thing about it is that you can put as much time into it as you want, so it can be great for people with hectic schedules.
Let’s face it, you probably have some friends already doing it that would love to have you become part of their team.
One word of caution: this comes from one of my own pet peeves. If you start posting your multi-level-marketing products on social media multiple times per day, you will get unfriended by a lot of people. Nobody wants to have their social media account littered with advertisements from their friends. Now, off my soapbox.
You have a marketable skill. Whether it’s babysitting, or making beaded jewelry, there is something that you can do that lots of other people either can’t or don’t want to do. Figure out what that is, and then find a way to get paid to do it.
Share Your Ideas
Now is the part where I ask for your input.
What are you doing to make money on the side? If you’re a stay-at-home parent, what ways are you finding to add a little extra to your family’s income?
There are countless ways to earn a living, and we want to highlight your successes and help others learn from them. Please share your experiences with the Income School community here in the comments section, or email them to us here.