Ruth blogs at RuthMakesMoney.com about genuine ways to make money online, including eBay reselling, freelance writing, blogging, and matched betting. She’s been self-employed for eight years, and is hugely passionate about helping women to create success and financial freedom on their own terms. Today she’s sharing with my readers some ways that parents can make money from home – even if you’re already very busy. These three practical ideas for making money from home will help parents become more independent, juggle work and family life and help the household finances by making extra money from home. I think we’d all like to have a little bit more cash left at the end of the month, so read on!
How Busy Parents Can Make Money From Home
Do you often find that you’ve got too much month left at the end of your money? Do you dream of being of being able to bring in some extra cash, but know that it’s just not possible to squeeze an extra job in around your childcare commitments? Would you love to be able to work from your sofa, choose your own hours, and build an income stream that’s entirely on your own terms?
I know, I know…
All of this probably sounds a bit too good to be true, and like something that one of your friends once said to you when they were trying to sign you up to that dodgy make-up business.
But it’s 2019, and the world of work is changing fast. There have never been more opportunities available to start a legit side hustle from home, and make extra money whilst balancing a growing family.
Here are some ideas that you might want to explore…
Make Money from Home – Trade your clutter for cash
They say that one man’s trash is another man’s treasure, and if you’ve ever experimented with selling sites like eBay, you might have discovered that this really is true. As a parent, it’s quite likely that you’re sitting on a small goldmine of things that you’ll never use again. Think toys that have been abandoned clothes that no longer fit, and equipment such as prams and strollers that are collecting dust in your loft.
Consider spending a weekend having a good declutter, and make it your mission to list a couple of items a day. Take good pictures, provide clear descriptions, and be sure to detail any wear and tear that might exist. It’s important to calculate your selling and postage fees in advance so you know exactly what your profits will be, but plenty of items are definitely worth selling, from your old clothes to selling your car!
Your earning potential here is of course dependent on just how much stuff you’ve accumulated in your home, but you might be surprised by the profitability of the things you no longer need. Making a few hundred pounds is very achievable for many families. And from there? Well, it’s up to you. I enjoyed selling on eBay so much that I turned it into a fully-fledged business, sourcing items from boot sales and junk shops, and selling them on at a higher price.
Make Money from Home – Monetise your existing skills through freelancing
Think about the skills you’ve flexed in your career so far. Whether you can write engaging content, design beautiful graphics, create an impressive website, or format an Excel spreadsheet like no one’s business, you’ve got something right there that you can sell to companies on a flexible basis.
As a starting point, check out sites like People Per Hour. You’ll be able to see the kind of opportunities that are available that suit your experience, and get a feel for the projects that you might be able to get your teeth stuck into. The nature of being freelance means that you can do as much or as little as you want, so with some experimentation, you can find a routine that fits your lifestyle.
When it comes to your earning potential, the sky is the limit with this one, and it ultimately comes down to your ability to market yourself as a go-to provider for your expertise, and create compelling pitches to land all the best clients. These are things that you can learn, and they’ll come with practice!
Make Money from Home – Try your hand at matched betting
Matched betting is a little-known way to create profits by leveraging free offers from online bookmakers. You’d be forgiven for thinking that it sounds a little bit dodgy, but it’s completely above board, and it’s been featured in reputable publications such as The Guardian. An added bonus here is that any earnings from matched betting are completely tax free, thanks to UK legislation. For guidance on getting started, check out Profit Accumulator. Though this isn’t gambling in the traditional sense, and your money isn’t at risk providing your follow the proven system, it does involve signing up and using accounts with bookmakers. So if you feel that you might be tempted to slide into gambling and risking your cash for the sake of a flutter, I’d strongly recommend that you steer clear of this one.
One of my favourite things about matched betting is that you can start earning almost straightaway, and the profits can be generous. In my first three months, I made around £1,200 from dedicating just a few hours per week.
These ideas really are just the tip of the iceberg when it comes to ideas and avenues you can explore to boost your earning potential and put some extra cash in your pocket each month.
All of them are likely to involve a bit of a learning curve, and you’re definitely not going to become a millionaire overnight. But if you’re serious about improving your finances, getting started could prove to be one of the best things you ever do!