Friday, December 07, 2018

This is how busy moms can increase their income

Since I work from home, I get questions from the stay-at-home and work-at-home mommies in my blog community about how to make extra money. This is a question I also ask my other mommy friends because we all want to either contribute to the household income or allot a budget for things we or our family wants. But since we're all already so busy, how can we find the time to make that extra money?

A good solution is to make money from what you're already busy with! If you drive your kids to school and back, think about carpooling. If you're tutoring your kids, ask your neighbors if their kids need help with their school work, too. If you like baking, bake extra and sell them. If you like knitting while watching Netflix, then sell some of your knitting. You get the drift.

Here are a few ways that can help you make more money in 2019!

I blog and teach others how to earn money through their blog! Who wants me to do my workshops again?

Become a mommy blogger/vlogger
Blogging is one of the best activities that moms can use to increase their income. This is because it can be completed from home and in their spare time which means it doesn't interfere with their work or other responsibilities. 

Moms also have a ready-made subject to blog about—your life as a mommy! Believe me, people want to know what your life is like because we're all looking for a kindred soul. Plus, if you're actually good at this motherhood thing (I'm not haha), there are so many other people with kids out there that can benefit from your perspective and experience. 

If you don't want to blog about your kids, then you can still blog about healthy meals, everyday baon of your kids, tips on how to make household chores easier, arts and crafts projects you and your kids do, reviews of family-friendly restaurants and resorts, tips on traveling with kids, product reviews of household items and grocery finds, and the very lucrative activity of unboxing toys.

Of course, for blogging to pay off, you need to ensure that you monetize your efforts. One way to do this is to host sponsored articles on your site. This is when a brand pays you to review their product or talk about their campaign. You'll need a sizeable following for a brand to work with you, though, so you'll need to create great content and push your posts everywhere so that you can build a following. 

Another way I earn money is accepting guest posts. These particularly require low effort as these usually come fully written and all I need to do is post them (although I edit them first so that it has the same tone as my blog).

Sell online 
Of course, there are plenty of other options for moms who want to make money, like the ones you will find in this article on how to make a million dollars fast. One in particular that may suit moms well is buying items in bulk or at a low price and then reselling them online. I know a lot of people who do this! They buy stuff from Divisoria and sell them on Shopee! I used to sell on eBay. Preloved clothes, beauty products, and unused bags and shoes. I made a lot of shopping money!

If you're an artist or a crafter, a weaver, a knitter—basically, if you make things, you're so lucky that the internet has made it possible for you to sell your creations without you having to set up a brick-and-mortar shop. Remember to research into the different selling platforms that are available as well as what charges using these will incur. Otherwise, it can be tough to maximize the revenue you will be making from online selling. 

Tap into passive income streams 
Lastly, for busy moms, a passive income stream may be the way to go. This is because they take a lot less effort than active methods like blogging and reselling, but can also generate a decent additional income to add to the family budget. An example of a passive income would be utilizing items you already have, like your car for Grab, an extra room in your house for bedspacers, or if you're lucky enough to have extra properties, put them on Airbnb!

Another great thing about passive income is that you can capitalize on particular experience or interest that you have or use activities that you especially like to do, and leverage these into a profit-making enterprise. For example, moms that have experience living with a particular medical condition, or have kids with a condition, or had a life-altering experience may choose to become life coaches, make helpful videos and just ask people to subscribe to view. They can write an autobiographical or self-help book or e-books and sell those on their websites. Meanwhile, moms who enjoy creative pursuits may teach themselves to use digital design programs and create downloadable printables that can be sold over and over again. 

When it is your responsibility to look after the kids and ensure they have everything they need, money is never far from your mind. That is why many mothers look for ways to add to their income. But more than money, we also want to do something that fulfills us, makes us feel we have a life outside our kids, and is a meaningful exercise. I hope that we all find the enterprise that can add joy to our daily life... and make us rich, too!!!

* This is a guest post, which I heavily edited and so I almost wrote it myself haha. To place a guest post, email for my rates.

No comments:

Post a Comment

Thanks for dropping by my blog! It really means a lot that you spare the time to read... and comment!