As a mom, you know the hard work that goes into taking care your family. In addition to juggling multiple things at one time, not having enough money to cover everything is stressful. Aside from housing costs, you also need to cover the cost of groceries, bills and childcare. At the end of the month, it’s not uncommon to find yourself dipping into savings. However, with so much emphasis on working from home, there are ways to make money, even as a stay-at-home mom. If you are looking for things to do when money is tight, a stay-at-home job opportunity totally fits the bill. Here’s how you can make money from the comfort of your home.
Affiliate marketing is a way to make money without having to sell your own products and services. All you have to do is simply promote other businesses and company’s products and depending on how many sales, you get a cut of it. You can partake in affiliate marketing by using almost any form of social media, like a blog, Instagram or YouTube. Here’s a list of the best places for affiliate marketing:
- Best Buy
With so many businesses looking to promote their products, there’s always going to be a need for affiliate marketers, so you don’t have to worry about oversaturation.
Get a Life Settlement
Although this isn’t a job, you can still get the cash you need. As a parent, there’s no doubt you have a life insurance policy currently in effect just in case something unexpected happened. However, there’s a way you can receive the benefits while living. You can acquire a life settlement, which is when you forfeit the initial death benefit of the policy to a third-party buyer. This buyer, in exchange for becoming the new beneficiary, will pay you a percentage of what the policy is worth. You can acquire as much as 25 to 30 percent of the value. For example, if the policy is worth $200,000, 30 percent of it equates to $60,000. There’s a lot more to life settlements than what’s mentioned here, so be sure to review a detailed, online guide to learn more.
Become a Freelance Writer
If you’re the type of mom who wants to work on her own time while maintaining a sense of structure, freelance writing is viable option. This job also allows you to be creative while doing something you’re passionate about. You can become an online freelance writer relatively easily as well. There are plenty of freelance sites where you can submit a writing sample to apply. Follow the requirements for applying and once accepted, you can get started. One thing to note, however, is that you may not be making a mint as soon as you start.
Sell Stuff You Don’t Need or Want
Over time, it’s easy to accumulate things you no longer need. You can make money online by selling any gently used goods on Facebook Marketplace or eBay. In fact, some people have actually started online vintage clothing companies this way. Make sure anything you sell is in good condition and priced accordingly. Since people are looking for a bargain, charging too much isn’t a good idea. Over time, you can start thrift shopping and then resell items online to net a profit.