If you have extra time for a side hustle and you’re looking for passive income ideas for stay-at-home moms, this guide will help you find them. As a mom, you need a good work/life balance so a part-time job would be the best way to earn a passive income while you look after 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 you already have. As you get started, you’ll learn more and who knows, maybe you’ll land up with your dream job earning a nice income. Keep reading to learn how to make easy passive income for stay-at-home moms.
What Is Passive Income?
Passive income is a way to earn money with minimal effort. Usually, a passive income stream requires effort or time in the beginning, and once you’re set up you’ll be able to earn money while you get on with your busy schedule.
Stay-at-home moms can earn money while taking care of their children. You’ll still have time for your family as a passive income doesn’t 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 earn money from passive income sources. The online world has made it possible to be flexible with working hours. Many business owners choose online workers and services to support their business needs. Below you’ll learn about a few basic types of passive income for stay-at-home moms.
Ecommerce
This type of business enables you to sell products from different customers worldwide. Online retailers can choose from a few platforms to sell products or services like Amazon, Shopify, eBay, or Walmart.
Start by choosing products to sell, then identify your customer’s needs and behavior, and employ good customer service. A great marketing strategy will get you going in your ecommerce business.
Freelancing
If you have skills in writing, programming, or designing, you may want to consider a career in freelancing. As a freelancer, you will offer services and accept projects from clients. Freelancers can work for a few clients at a time. You need to have solid organizational and time management skills to be successful as a freelancer.
Tutoring
This is another popular job for moms. If you have extra space, you could turn a room into a classroom setting and tutor kids from home. There are also many online options to tutor people from around the world.
Companies that hire online tutors are VIPKid, Qkids, and Cambly. Several countries also hire online English tutors such as China, Japan, and South Korea. Most employers require a TEFL/TESOL certification for this job.
10 Best Passive Income Ideas for Stay-at-Home Moms
If you are thinking of ways to add additional income to support your daily expenses, we’ve listed several passive income streams that will allow you to earn extra money while staying at home. With some creative thinking and determination, you can earn a decent income using one of these ideas.
1. Blogging
If you are passionate about writing, create a blog site and publish your blog posts. A successful mom blog is informative and interactive, but maybe you’d like to choose a completely different subject. Choose your topic wisely to increase your site ranking. WordPress, Wix, and Ghost are user-friendly platforms to choose from.
2. Freelance Writing
Freelance writing gives you flexibility. You can choose the jobs you want to do and pick a time that is convenient. If you want to become a writer, there are many options available. Many companies hire content writers, and you can look into 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 an issue with signage on your vehicle, sign up with a car advertising agency like Wrapify or Carvertise. They’ll assess your car, your driving habits, and the area you drive in. Then they’ll match you up with a brand. Earn money passively while you run to the store or drop your kids off at school.
4. Sell Stock Photos
This is a great way to earn extra income if you love taking pictures. Earnings are not as high as other passive income ideas, so you would need to sell lots of pictures. It’ll give you a chance to make money from your hobby. Sell your images on some of the popular photography sites such as Shutterstock, Dreamstime, and iStock.
5. Rent Out a Room
If you have an extra room, especially one with outside access, set it up and rent it out. Decide whether you want to rent it out as an Airbnb room per night, or on a more long-term basis. Whatever you decide, the whole family will need to be happy with someone else living in your home.
6. Sell a Product Online
All you would 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 top ecommerce service company in the Americas, but you could also place 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 love cooking. Your earnings primarily depend on ads appearing on your video. Ads will be permitted on your video if it reaches 10,000 views so you’ll need to be creative and build your audience.
Another way to earn money on YouTube is through post sponsorships. If you gain a following, you can also look into affiliate marketing. This will involve a retailer or other company paying you every time you drive traffic to their business, such as through affiliate links on your social media profile.
8. Sell Ebooks
If you are into creative writing you can publish ebooks about romance, religion, sci-fi, or anything you are interested in. People love reading and there is a huge market for ebooks. One of the best publishing sites for ebooks is Amazon Kindle Direct Publishing (KDP). The company will charge a commission per sale.
9. Sell Printables
Printables are digital files that can be printed for something specific like planners, journals, checklists, stationary, and spreadsheets. If you are a creative person who loves art, consider selling printables online. Printables can be sold for $2-$5 each.
10. Create and Sell Your Designs
If your skillset lies in graphic design, you can make extra money out of it. Create your templates, fonts, mockups, and stock logos on 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 gain basic skills.
Other Ways to Make Extra Money as a Stay-at-Home Mom
If you want more ways to earn decent money, this section provides several remote job ideas for stay-at-home moms. These will help with your professional development and could lead you to other things.
- Be a Social Media Manager. Social media managers create digital marketing strategies for social media platforms. As a social media manager, you will create enticing content and manage online conversations. The job allows you to work anywhere while earning a high salary. According to PayScale, the average annual wage of a social media manager is $52,879.
- Be a Virtual Assistant. A virtual assistant is an independent contractor who offers administrative assistance to remote clients. Previous experience in administrative jobs is an advantage but not always necessary. Some VA tasks include appointment scheduling, data entry tasks, travel booking, phone calls, and email management.
- Get an SEO job. Search engine optimization, or SEO, is the practice of improving website traffic and increasing the website’s ranking on the search engine result page. SEO jobs include search engine marketers and SEO managers. To increase your chances of getting hired for SEO jobs, learn about SEO tools like Ahrefs, SEMRush, and KWFinder.
- Be an online bookkeeper. A bookkeeper is responsible for recording the financial transactions of a business 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 bookkeeping such as online bookkeeping courses.
- Get a customer service support job. Customer support jobs need people with excellent communication skills. It also helps to be a good listener with problem-solving skills. As a customer service representative, you will interact with different people who have different needs. Patience and focus are also needed to become successful in this field.
How to Make Passive Income for Stay-at-Home Moms
Many opportunities are available for stay-at-home parents. Most passive income sources will let you work and earn money while staying at home as long as you have a personal computer and a good Internet connection. If you want to explore 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 FAQ
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 pay of $15.58 per hour. Intermediate experience freelancers make $20.23 per hour. Professional writers with five to nine years of experience can earn an average wage of $25.28 an hour.
The most essential skill a social media manager needs is excellent communication. They should be able to write and put creative content together. A social media manager needs marketing skills, basic data analysis experience, and basic graphic design skills. A good understanding of social media management tools like Hootsuite, Agora Pulse, and Sendible are a plus.
Yes, buying goods online is one of the most convenient ways to purchase goods. Selling online increases your marketplace by allowing you to sell anywhere in the world. If you find the right products and market them well, it will be a good source of income.
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