Are you a working mom looking on how to make extra money? Don’t worry, I’ve got you on this. You’re not alone. With living costs going up, I can understand your financial pressure to earn extra cash which in my opinion, is very necessary.
Now, there are various ways to earn more money without giving up your family time. It is really convenient and easy to do. I guess you are excited to find out right? Do you have any guesses or I should just proceed in sharing those tips with you? Well, you can try freelance jobs, and many others I will definitely further explain.
Just know these options can help you save, invest in your child’s future, or just have more money freedom. Now, let’s dig in on the various ways you can earn more money.
How To Make Extra Money For Working Moms
Balancing a career and family life can be challenging for you as a mom who works. However, finding ways to make extra money can ease your financial stress and even provide you with some extra funds for family activities or personal hobbies.
Amongst the various ways you can make extra income are;
- Freelance jobs
- Gig economy opportunities
- In-home side hustles
- Monetizing skills and talents
- Passive Income Streams
1. Freelance Jobs for Working Moms
Recent studies show that 43% of working moms are doing freelance jobs or side hustles to earn more money and be financially independent. This proves your need to earn extra cash is valid and not out of the blues.
As a working mom, finding ways on how to make extra money can help with your financial stability and flexibility. There are many opportunities that fit the busy lives of moms. You can use your skills or join the freelance jobs to earn more.
To continue, freelance work is a great choice for you. You can do freelance writing and virtual assistant work. Freelance writers can earn about $33 an hour, and virtual assistants can make up to $28 an hour.
Freelance Writing
Freelance writing is a top side hustle, growing by 22% each year. Just as mentioned, freelance writing is a top choice on how to make extra money, as it uses creativity and analysis, covering many areas like tech, health, education, and marketing.
Moreover, successful freelance writers often focus on a specific area so this will make your skills be more in demand and can increase your pay. In case you would want to know how to start, create an online portfolio and use sites like Upwork or Contently to help you find clients.
It’s important to always deliver quality work and meet deadlines to grow your freelance career. Offer your writing services to businesses, bloggers, or content agencies. Use the portfolio of your work to showcase your skills.
“Freelance work has allowed me to balance my career and family responsibilities. The flexibility to choose my own hours and projects has been a game-changer.” – Sarah, working mom and freelance writer
Virtual Assistant Services
Virtual assistant jobs let working moms help businesses or entrepreneurs remotely. You can handle emails, schedule meetings, do bookkeeping, or manage social media. This job is perfect for moms who are organized and good at communicating.
To start, you need a good internet connection, a computer, and to know how to use office software. Sites like VA Networking or Zirtual can help you find clients. Virtual assistant work allows you to pick your clients and projects, fitting them into your schedule.
Furthermore, virtual assistant jobs are also getting more popular, with a 30% increase in moms joining this field. You can provide administrative support, customer service, or specialized tasks to clients remotely.
2. Gig Economy Opportunities
The gig economy is a great way on how to make extra money and keep a flexible schedule. You are able to balance work and family better while earning more money as well. Think about pet sitting, food delivery, or being an Airbnb host. Pet sitters can earn $18-$22 an hour, and Airbnb hosts can make $130-$160 a night.
You can also work for Uber Eats, Amazon Flex, or Instacart on your own time. These jobs pay around $15 to $20 an hour, making it easy to increase your income.
Pet Sitting
Pet sitting is perfect for moms who love animals. You take care of pets in the owner’s home when the owners are away. Tasks include feeding, playing, grooming, and walking the pets. No experience is needed, so you can use your love for pets and flexible time to make extra money. Websites like Rover and Care.com can help you to find pet sitting jobs near you.
Food Delivery
Food delivery jobs at Door Dash and Uber Eats allow you to earn extra cash in your own time. They come in the form of delivery drivers, picking up and dropping off food orders. This job fits easily around your work and family life. It’s great for you who want to work as much or as little as you like. Plus, it’s a chance to get exercise and see new places.
“The gig economy offers income opportunities for individuals looking to work from home while raising a family.”
3. In-Home Side Hustles
In-home side hustles is another good option for you. It helps you to use your skills to earn more without leaving home. You can sell handmade crafts, offer clothing and repair services, or tap into the food industry. It is very lucrative and easy to earn more. These side hustles let you balance work and family life easily.
Crafting and Selling Handmade Items
If crafting is your hobby, try selling your items on Etsy. You can sell jewelry, home decor, clothes, and more. With Etsy, you could make up to $10,000 a year, making it a great side hustle.
Offering Sewing and Clothing Repair Services
You can use your sewing skills to offer alterations, mending, and repair services. This can be a good way to earn extra at home. If you’re skilled and have the right tools, you could make a lot of money, even over $100,000 a year.
Tapping into the Food Industry
One great side hustle is selling ready-made meals to busy families. With more people wanting home-cooked meals, you can make a good income. This job lets you work from home, saving time and energy.
This side hustle can bring in up to $10,000 a year. By using your cooking skills, you can start a successful business from home. Finding a side hustle that fits your skills, interests, and schedule is key. By looking into these options, you can earn more money and gain financial freedom. This way, you can balance work and family life better.
“With the right mindset and dedication, working moms can unlock new sources of income and financial independence through side hustles and flexible jobs”.
4. Monetizing Skills And Talents
As a working mom, you have many skills and talents that can make extra money. Two great side hustles are graphic design services and social media management.
Graphic Design Services
With graphic design skills, you can offer your services to this creative field. This means making logos, branding stuff, websites, and social media graphics for businesses or people. To do well in graphic design, you need to know design basics, be good with design software, and keep up with trends. Graphic designers can make $27 an hour.
To add up, creating a strong portfolio and showing off your work on social media can draw in clients. You can also find new projects through freelance sites and word of mouth.
Social Media Management
If you’re great at talking to people and know a lot about social media, think about social media management. This job is about making content, posting it, talking to followers, and checking how well things are doing. It helps businesses or brands get noticed online.
To be good at social media management, you need to keep up with changes and know how to make good content. Having a portfolio of your social media work can help you find clients who need help with their social media.
Using your skills and talents, you can start a side hustle that fits with your life as a working mom. Whether it’s graphic design or social media management, the main thing is to know your strengths, be flexible, and keep learning to meet new market needs.
5. Passive Income Streams
I must say passive income streams can change the game for you. It allows you to earn extra money with little effort. This means you can spend more time with your family and handle other duties. You can try making online courses, writing e-books, or starting a podcast.
Creating and selling online courses: This is a great way to earn passively. You share what you know and help others learn. Building the course takes a lot of time at first, but it can make money for years. It is interesting to know new authors on Amazon might make less than $1,000 a month, but those with good marketing can earn much more. Online tutoring is a great side gig for you.
Without a doubt, you can also use your knowledge to help students online through sites like Brainfuse and Qkids. Tutors can make about $25 to $30 an hour, which is a good way to add to your income.
Writing e-books: Another way to earn passively is writing e-books. If you love to tell stories or have something unique to share, consider writing an e-book. It’s cheap to start, and with self-publishing, you can reach people all over the world.
Starting a podcast: One of the best ways on how to make extra money. Podcasts are very popular now, and it lets you share your knowledge with many listeners. Creating great episodes takes time and effort at first, but you can make money through sponsorships and ads.
Passive income streams help working moms earn more without giving up family time. By using your skills, you can make money that keeps coming in even after the hard work is done.
“Passive income is the holy grail of wealth building. If you want to be financially free, you need to build sources of passive income.” – Grant Cardone
In Summary
Working moms have many ways to earn more and be financially independent. You can choose from freelance work, gig economy jobs, monetizing skills and talents, in-home side hustles, and passive income ideas. The key is to find what fits your skills, interests, and schedule.
By using your talents and entrepreneurial spirit, you can earn extra, save money, and follow your passions. You can still take care of your family. This approach helps you balance work and home life. Being creative and hardworking can lead to new income sources and financial security.
Embrace your ‘mom entrepreneurship’ spirit and use side hustles to get the financial freedom and balance you want. Starting on this path might need planning and discipline, but it’s worth it. By managing your income and family duties, you can make your home more relaxed. You’ll teach your family about money and open doors for growth.
So, start your journey to financial empowerment and explore the many ways to earn more.