9/13/2016

Stay at Home Parent? How You Can Make Money From Home

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If you are a stay at home parent, it can be tough. It might not have been financially viable for you to go to work. It can seem pointless going back to work, only to cover the costs of childcare. It might have just been a decision that was easy to make as you wanted to be at home to raise your children. Whatever you chose, both can have their advantages as well as their disadvantages. A lot of stay at home parents looking to contribute in a small financial way, as well as all the other work they do in the home. So if you are seeking to make a little extra cash, there are plenty of options. Some might not work out for you but some certainly will. Having another focus, other than the children, can be a great help. Having a hobby or something else to invest time in can be so enjoyable. And it allows you to have some ‘me’ time too. So here is a few working from home options for you.

First of all, one of the best things to do is reduce any debts that you have. It is hard to save any money if you are paying out to cover interest each month. So work out a plan to remove any debt as soon as possible. Working with your budget will be tight, but it can be done. Make sure that clearing the debt is a high priority. Then any money you can earn will be a bonus to your family. You could switch credit cards to somewhere that has 0% interest for a length of time. Then you can be interest-free as you chop away at the debt. You just need to stay on top of it at all times. Likewise, being savvy about how you spend your money is important for a stay at home parent. Being able to budget and stick to it, is an important skill to master. So if you have no debt, you should still be wise about your spending. If you aren’t, any money you do earn might just get wasted. So learn to budget and spend your money wisely. Noting the difference between in wants and needs is massively important too.

Now, onto the ways that you can make some money from home. First of all, you will need to make sure that you are equipped to deal with working from home. Are you all set up with an unlimited data internet package? Do you have a computer or laptop that you can use? If you don’t have either of these things, it could make your life trickier. So get those two things in place as soon as you can. If you are going to be selling or writing online, you will need a lot of data. That is why an unlimited data internet pack is advised. You could look at somewhere like www.suddenlink.com/internet for information on pricing. Make sure you budget the cost into that all important budget, though!

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One way that you could make a little bit of money could be by starting a blog. You can see why the rise of ‘mommy bloggers’ is a big thing; many of them are at home and are looking for a hobby. You want to start out just writing and building up an audience. From there, you could start to earn money through affiliate programs, as well as adverts and sponsored content. Don’t expect to be making big bucks for quite a while, though.

If you are looking for quicker ways to make money, you could consider something like matched betting. If you don’t know much about matched betting, it is a good idea to look into it. You can add quite a bit to your household income each month. It is considered that it isn’t even gambling at all. Just make sure that you sign up to a website that is reputable. If you manage it tightly, it is certainly possible to make money from it. If that doesn’t sound like something for you, you could consider selling some of your belongings online. Branded goods are some of the best things that sell, as well as baby products. So if your little ones have finished with their walkers, strollers or bouncers, sell them! You can use sites like www.ebay.com, but there is a charge for selling on there. So it might be worth looking into some local Facebook selling groups. Then there is no additional cost, and someone could just come and collect the items. So even better when you don’t have to mail anything off.

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If you are into crafts, then you could turn that hobby into a way to make money. Again; this will involve selling online. So think carefully about the best way to sell your things. You could create an Etsy store, or even just set up your website. You might have to invest some money upfront, but provided you market your things well, you can make quite a bit. Anything extra is always good when you’re a stay at home parent. If the idea of selling something appeals to you, there are other options too. If you don’t have anything to sell, you could become a rep or consultant. There are many multi-level schemes like Younique Makeup and LuLaRoe clothing that you could join in with. There will be an upfront cost to get your set up. But from there, you can earn quite a significant amount of money. This type of thing would require an investment of time. So think if it is something that you can commit to.

You can complete surveys online and questionnaires. Often they pay in vouchers which are perfect for things like groceries and getting things for your children. So think about how much time you could commit to something. Think about what will work best around your family. Then you can be making money before you know it!

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