If you have extra time for a side job and are looking for passive income ideas for stay-at-home moms, this guide will help you find them. As a mother, you need a good work-life balance, so a part-time job would be the best way to earn a passive income while taking care of your family.
All you need is a computer and extra time to learn new skills. You might find that some passive income strategies for stay at home moms require talents or strengths that you already have. As you get started, you learn more and who knows, you might end up at your dream job with a nice income. Keep reading to learn how to easily earn passive income for stay at home moms.
What is passive income?
Passive income is a way to make money with minimal effort. Usually, a passive income stream requires effort or time in the beginning, and once you’re set up, you can earn money while continuing with your busy schedule.
Stay at home moms can earn money while taking care of their children. You still have time for your family, because passive income does not require a full-time effort. However, you need to know how to manage time efficiently to avoid pressure and stress.
Passive Income Strategies For Stay At Home Moms: Types Of Passive Income
Millions of people are finding ways to make money from passive income sources. The online world has made it possible to be flexible with working hours. Many business owners choose online employees and services to support their business needs. Below you will learn about a few basic types of passive income for stay at home moms.
This type of business allows you to sell products from various customers around the world. Online retailers can choose from a number of platforms to sell products or services, such as Amazon, Shopify, eBay, or Walmart.
Start by choosing products to sell, then identify your customer’s needs and behavior and use good customer service. A great marketing strategy will get you started in your ecommerce business.
If you have skills in writing, programming, or design, you may want to consider a career as a freelancer. As a freelancer you offer services and accept projects from clients. Freelancers can work for a few clients at a time. You must have solid organizational and time management skills to be successful as a freelancer.
This is another popular job for moms. If you have extra space, you can turn a room into a classroom and tutor kids at home. There are also many online options for tutoring people from all over the world.
Companies that hire online tutors include VIPKid, Qkids, and Cambly. Several countries also hire English tutors online, such as China, Japan, and South Korea. Most employers require TEFL/TESOL certification for this job.
10 Best Passive Income Ideas For Stay At Home Moms
If you’re thinking of ways to add extra income to cover your day-to-day expenses, we’ve listed several passive income streams that can help you earn extra money while staying at home. With some creative thinking and determination, you can earn a decent income from any of these ideas.
If you are passionate about writing, create a blog site and publish your blog posts. A successful mom blog is informative and interactive, but you may want to choose a completely different topic. Choose your topic wisely to increase your site ranking. WordPress, Wix, and Ghost are easy-to-use platforms to choose from.
2. Freelance Writing
Freelance writing gives you flexibility. You can choose the tasks you want to do and pick a time that suits you. If you want to become a writer, there are many options available. Many companies hire content writers and you can research technical writing and ghostwriting. You can also find potential clients on an online platform such as Contena, Upwork or FlexJobs.
3. Wrap Ads on Your Car
If you don’t have a problem with signage on your vehicle, sign up with an automotive advertising agency like Wrapify or Carvertise. They assess your car, your driving habits and the area in which you drive. Then they link you to a brand. Make passive money while running to the store or dropping your kids off at school.
4. Sell stock photos
This is a great way to earn extra income if you enjoy taking photos. The earnings are not as high as other passive income ideas, so you should be selling a lot of photos. It gives you the chance to earn money from your hobby. Sell your images on some of the popular photography sites like Shutterstock, Dreamstime and iStock.
5. Rent out a room
If you have an extra room, especially one with outside access, furnish and rent it out. Decide whether you want to rent it out as an Airbnb room per night, or for a longer period of time. Whatever you decide, the whole family will have to be happy with someone else living in your house.
6. Sell a product online
All you need are products to sell and a website. Dropshipping companies take care of the inventory, packaging and shipping, all you have to do is sell. Statista reports that Shopify is the best ecommerce service company in America, but you can also list your storefront on Amazon.
7. Create a YouTube Channel
Creating a YouTube channel is another fun idea. Post content about household tips for moms or cooking recipes if you like to cook. Your earnings depend primarily on ads that appear in your video. Ads are allowed for your video if it has been viewed 10,000 times, so you need to be creative and build your audience.
Another way to make money on YouTube is through post sponsorship. If you’re getting followers, you can also look into affiliate marketing. This means that a retailer or other business pays you every time you direct traffic to their business, such as through affiliate links on your social media profile.
8. Sell ebooks
If you like creative writing, you can publish ebooks on romance, religion, sci-fi, or anything you’re interested in. People love to read and there is a huge market for ebooks. One of the best ebook publishing sites is Amazon Kindle Direct Publishing (KDP). The company charges a commission per sale.
9. Sell Printables
Printables are digital files that can be printed for something specific, such as planners, journals, checklists, stationery, and spreadsheets. If you are a creative person who enjoys art, consider selling printables online. Printables can be sold for $2-$5 each.
10. Create and sell your designs
If your skills are in graphic design, you can earn extra money from it. Create your templates, fonts, mockups, and stock logos with software tools like Photoshop and Canva. Then you can sell them on platforms like Designhill, Etsy, and Design Cuts. If you want to become a graphic designer, there are many resources online to help you acquire basic skills.
Other ways to earn extra money as a stay at home mom
If you want more ways to earn decent money, this section offers several remote job ideas for stay at home moms. These will help you in your professional development and can lead you to other things.
- Become a Social Media Manager. Social media managers create digital marketing strategies for social media platforms. As a social media manager you create appealing content and manage online conversations. The job allows you to work anywhere while earning a high salary. According to PayScale, the median annual salary of a social media manager is $52,879.
- Become a virtual assistant. A virtual assistant is an independent contractor who provides administrative support to external customers. Previous experience in administrative jobs is an advantage, but not always necessary. Some VA tasks include scheduling appointments, data entry tasks, booking travel, phone calls, and email management.
- Find an SEO job. Search engine optimization, or SEO, is the practice of improving website traffic and increasing the position of the website on the search engine results page. SEO jobs include search engine marketers and SEO managers. Learn about SEO tools like Ahrefs, SEMRush, and KWFinder to increase your chances of getting hired for SEO jobs.
- Become an online bookkeeper. A bookkeeper is responsible for recording a company’s financial transactions in an organized and detailed manner. Related experience in accounting or finance is a big plus in your application. However, there are other ways to learn accounting, such as online accounting courses.
- Get a job in customer service. Customer support jobs require people with excellent communication skills. It also helps to be a good listener with problem-solving skills. As a customer service representative, you come into contact with different people who have different needs. Patience and focus are also needed in this area to become successful.
Earning a passive income for stay at home moms
There are many options for stay-at-home parents. Most passive income sources allow you to work and earn money while staying at home as long as you have a PC and a good internet connection. If you want to discover and try something new, there are many ways to learn new skills in your spare time. More expertise means more opportunities.
Passive income for stay at home moms Frequently asked questions
The average hourly rate of a freelance writer is $24.31 or $40,000 per year, according to PayScale. Entry level freelance writers can earn an average wage of $15.58 per hour. Freelancers with average experience earn $20.23 per hour. Professional writers with five to nine years of experience can earn an average wage of $25.28 per hour.
The most essential skill a social media manager needs is excellent communication. They must be able to write and compose creative content. A social media manager needs marketing skills, basic data analysis experience and basic graphic design skills. An understanding of social media management tools such as Hootsuite, Agora Pulse, and Sendible is a plus.
Yes, buying goods online is one of the most convenient ways to buy goods. Selling online expands your marketplace by allowing you to sell anywhere in the world. If you find the right products and market them well, it’s a good source of income.
The most common requirements for remote work are computer skills, typing skills, and proper equipment. Employers often accept at least a GED, but higher paying positions may require an associate’s degree or a bachelor’s degree. Read the job descriptions carefully to understand the specific requirements employers are looking for.
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