Being a full-time parent offers many advantages. For one, you get to be there for them every step of the way. Because you spend so much time with them, you’re able to build a stronger and closer relationship with your child.
The downside, however, is not having financial independence. You must rely on your partner for every expense. Fortunately, the situation is quickly changing now for stay-at-home parents. Through the internet, there are many ways to make money without leaving your home or getting a nine-to-five job.
If you’re a full-time parent who’s looking to earn some cash, here are few ways for you.
Launch an Online Business
Unlike a physical store, an online business doesn’t need as many resources or as much time and energy to run. You don’t need to hire people, find a place to rent, and be physically present at the store. You can still fulfill your parental responsibilities and look after your child while running your online business.
Practically anyone can make money selling products online. There are e-commerce platforms or marketplaces that allow you to build your website or page and run your business for free or for a small fee.
When starting your business, the first step is usually to find your niche and market. Then you need to look for product suppliers. You also need to create a business plan to serve as a guide on your next steps.
Don’t have the space or time to keep your products? Try a drop-shipping business model.
Drop-shipping means you don’t have to handle a product or fulfill the order. Your third-party supplier will take care of everything, from manufacturing the product to having it delivered to the customer’s doorstep.
All you have to do is forward orders to the supplier, make payments, and showcase and promote the products on your site. For this type of business model, it’s twice as important to find a reliable supplier that’s able to deliver consistent quality products and service.
Find Freelance Work
If you’re part of the knowledge or creative industry, there are tons of freelance jobs you can apply for to earn money. Many freelance projects don’t require you to work on a specific schedule, so you have the flexibility you need as long as you meet the deadline.
Are you a writer, editor, designer, or developer? If you’re any of those professionals, there are plenty of companies, organizations, marketers, and individuals looking for people like you. Look for job listings on freelance platforms like the following:
- Envato Studio
If you don’t have a LinkedIn yet, make one now and create your professional profile. Lots of employers are on the platform to look for potential recruits and freelancers. You should also prepare your portfolio in advance to have something to show to potential employers. If you haven’t yet, decide on your rates now. You can read about the rates of other freelancers to find a benchmark for your own.
Start a Blog/Vlog
If you love creating content and are not camera shy, you may as well try your hand at blogging or vlogging. It’s a lucrative business if you get enough followers.
To start, choose a niche that you’re passionate about and have a lot of knowledge in. Lots of full-time parents choose to blog or vlog about their parenting experiences and share tips and stories about raising a child. You can take that route, too, or you can create content about something else.
Content creators earn money by monetizing their blog or vlogs through the following ways:
- Affiliate marketing
- Email marketing
- Publishing sponsored content
- Sale commissions
- Selling digital products
- Selling coaching services
It takes time to gain many subscribers. You need to constantly produce and publish quality or interesting content to attract your target audience. Learning about using social media to market your blog or channel will help you plenty in gaining more readers or viewers.
If you’re set on this path of money making, be prepared to wait a long time. It will take a long time to start earning money through this method unless you get a break or go viral.
The internet provides plenty of opportunities for people who want to make money. For full-time parents like you, there are several ways to earn an income without leaving your home or compromising your parental responsibilities.
Whether it’s starting an online business, doing freelance jobs, or creating a blog or vlog, all of these are money-making options you can do while being a superb stay-at-home parent. All you need is to educate yourself first then get started.