However, there are ways for stay-at-home moms and dads to earn a bit of extra cash to supplement the family budget without leaving the house or sacrificing time with the kids. In fact, here are 10 money-making opportunities that can be pursued when your children are at school or asleep, or possibly even when they are awake and demanding your attention. The earnings potential is modest, and not every opportunity will be right for you, but over the course of a year you could pocket hundreds – and possibly even thousands – of dollars.
One or two afternoons a week, students drive to our house and she teaches them music. To boost your income, you can also travel to the student’s house or meet at your local community center. However, teaching music from home is also really easy as it can be taught from any common room in your house.
Monetizing your expertise — whether in social networking or transcribing — is one way to make money while sitting at your computer at home. But others also are popping up, such as taking online surveys or even predicting election results.
Even though it seems like we would rather stream our favorite movies and songs, there’s something to be said about having a hard copy of your favorite DVD or CD. It’s also easy to sell your DVDs and CDs online whether you do it yourself on eBay and Amazon or a specialty site like Decluttr. Selling your used movies and music online can also be more lucrative than having a yard sale.
But if you are bubbly, personable and reckon you could sell ice to an Eskimo then this could actually be a great student money making idea. You get paid commission on new sign ups (typically around £20).
If you enjoy children and have the extra space in your house, you can operate a home daycare. This option can be convenient if you live in a neighborhood with working families as they can quickly drop off and pick up their children. It can also be cheaper than a traditional full-time daycare campus as well.
You don’t have to do this but we would recommend setting up a separate email for all of your survey site accounts. That way you can log in each day and easily see the surveys on offer (without it clogging up your personal inbox).
Demand for ride-sharing has been growing like crazy, and it shows no signs of slowing down. To be eligible, you’ll need to be at least 21 years old with a year of driving experience, pass a background check and own a car made in 2007 or later.
Survey Junkie – Survey Junkie is among the most straightforward survey sites out there, which puts them at the top of this list. All you have to do is sign up to be eligible for surveys. Once you complete a survey you earn a certain amount of points that you can exchange for cash paid directly to a PayPal account or you can redeem your points for gift cards. Super simple.
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Get paid for your opinions. Taking surveys online can be a relatively quick way to earn enough to afford a few extras. Harris Poll Online, for example, awards points for the completion of online surveys, which can take between five and 25 minutes to fill out. Survey takers accumulate points and can redeem them for gift cards from retailers such as Amazon and Starbucks. Other online outfits that will pay you to take surveys include SurveyClub, Global Test Market and Swagbucks. There’s no cost to sign up.
If you do any amount of shopping online, you will most likely be able to start earning a “Big Fat Check” or PayPal cash for each purchase made. The only additional step you need to take is visiting the Ebates store first or clicking the red button with the Ebates browser extension.
First, download the app (for iOS only), and WinWin will walk you through how it all works, but here’s the gist: You’ll automate your savings, plus play games for chances to win more money to boost your savings.
ShopTracker – Answer a few questions then launch the app on your device, and you’ll earn $3.00 instantly. Keep the app on your phone to earn money each month and help companies understand what people are buying online.
Get freelance editorial work. Maybe you don’t want the commitment of a blog but like to write or express your creativity. You’re in luck because plenty of media, corporate and nonprofit Web sites are looking for freelancers to write, edit or produce content. Some pay by word, some by the hour and some pay per project.
Sign up as a publisher on the Awin network, check their offers blog or browse the merchant listings to find something you think your friends would be interested in, grab your affiliate link and share it. If someone buys (can be within up to 90 days) using your link you’ll make a nice commission.
You might want to put the game in your shopping cart anyway. One Penny Hoarder made $250 in six months selling spare board game pieces online. You can even sell “mystery bags” of pieces for $12 a pop!
Another way to make money from is by selling clothes online. Whether you want to clean out your closest or enjoy flipping clothes you bought for a bargain at a consignment store or yard sale, clothing can easily be an “evergreen” side hustle as we all get dressed in the morning.
Another big tip is to have a great cover designed (browse these) so it stands out, and once your book is live on the Kindle store it’s really important to get some reviews so it shows up higher in results. Encourage readers to leave an honest review at the end of your book.
Etsy is the largest online marketplace for handmade and vintage goods. From homemade candles, crafts, clothing, and decor, Etsy can be your new favorite marketplace to connect with other Etsy shoppers that might offer similar items or have shops that pique your interest in other topics.
If you’re big enough, chances are brands will find you. But you can also look for brands to work with that are on a similar level in terms of personality and values, so your audience won’t feel like you’re “selling out”.
Foreign language tutoring is one way to use your speaking skills and you can also be paid to serve as an online translator. If you are bilingual or fluent in a foreign language, companies will pay you to translate their content from English into another language.
Hands down the quickest way to make a lot of money (well, without breaking the law). Lots of students have genuinely made £100s from this technique. It’s completely legal, risk free, tax free, and anyone can do it.
Is your guitar lying in the corner of your room, without any daily usage? Make money by renting it on Sparkplug. You can do this for other your music instruments also, like amps, mics, harps, or your rehearsal room or studio.
How much audio you transcribe at once can also be at your discretion. You can transcribe clips that are only one or two minutes in duration or much longer for some clients. To get started, you only need a reliable internet connection and a computer. If you really like transcribing audio, buying a pedal can be worth the small investment.
Whether you’re a broke college student who needs a little extra spending cash, or you’re actually an adult now and looking to eliminate credit card debt or increase savings, most of us could benefit from a little more take home pay each month.
There are several to choose from to make money online. At kgbanswers.com and JustAnswer.com, you become an expert after taking a brief test. At these websites, a customer asks a question and receives an answer from an “expert.” At kgbanswers, answers come via your smartphone. At JustAnswers, answers come via email or text message. Both offer subscription and per-question alternatives.
Many companies pay you for rating local pizza shops. You just have to rate the place on the quality of their pizza and note their delivery time. For this, you can get a free pizza, plus $5. Just register on Trendsource and get started.
‘Peer-to-peer’ lending is the future of banking. It cuts out the middle-man, passing on higher interest rates to you and cheaper loans to borrowers. And it’s all managed online from the comfort of your sofa.
User Testing and What Users Do will pay you to test websites. To get started, you will need the ability to download the testing software and record yourself with a webcam so the clients can see your reactions and non-verbal language as you interact with their website. These sites will let you test between three and five websites each month.
You can earn money through quarterly dividend payments and potential appreciation in the value of your shares, just like a stock. Cash flow typically comes from interest payments and property income (e.g. rent).
There’s a rather extensive questionnaire you fill out after visiting the brewery, so it helps to review it beforehand. The Penny Hoarder’s own Tyler Omoth tried it out for himself. Read more about his experience here.
If you are overwhelmed with “stuff” in your house, check out a great book called, The Life-Changing Magic of Tidying Up. The book is about changing your perceptions of your things so you can keep what is really important and get rid of what is not.
Being a stay-at-home parent is a full-time job. Unfortunately, it doesn’t come with a full-time paycheck. As a result, it can be hard for some families relying on just one income to make ends meet or build savings.