A typical millennial mom is responsible for a lot more than child-rearing. In most cases, she is responsible for contributing to the family finances. That might be through making money, saving money, or making sure there is enough money.
Babies come with a nasty stereotype of being expensive, and that one rings true with most parents. And even if you are bringing in enough money, I know that I’m always looking for a little extra to set aside for college funds, an upgraded car, and eventually a bigger home.
But how can a reasonable person expect to spend the time to make more money without sacrificing necessary family time? (Since we all know being “Mom” is a full-time job in itself.)
Start a Side Hustle
It’s easier than you might think! Check out this post of the free and affordable resources to start your side hustle right now. 50% of millennials have a side hustle, and they come in many shapes and sizes.
Side hustles are perfect because it’s a hell of a lot easier than getting a second job or working extra hours in the office to try and boost your finances. It is often a lot more fun as well. You’ll often find you’re doing something that you’re going to have a passion for rather than something you’re going to have to do. So to try and get you started on the right path, here are some ideas for side hustles you can do in your spare time, in your own home.
Making ends meet
For you to find a way to start a business from home, you must have already been a bit tight for money in the first place. But when you do start making a bit more things can be complicated again. There are things that you’ll have to do to make sure you’re doing things by the book. For example, it doesn’t matter what line of work you go into, you’re going to have to learn how to invoice. Invoicing correctly is so important to help you manage what is coming in, and what you’re going to need to pay out in terms of taxes. There are invoice finance providers out there that will do it for you for a fee. This might be a better option than attempting it yourself when you’ve never done it before. The main thing to make sure is that you’re keeping copies of everything for documentation. With the money you are getting from your business you could start putting it to the things you want in life such as a holiday, a new car etc.
- Sell your stuff
Make quick cash selling things on Facebook Marketplace, Craigslist, or LetGo. This is one of my new favorite things to do because 1. $$$ and 2. cleaning out my house! I’m not a full blown minimalist, but I have grown to love a clutter-free home.
Admit it, most of your Friday and Saturday nights are spent at home these days. Why not help out friends/neighbors/relatives and do something you’re already doing? This can be done in your house, but those logistics will need to be worked out per client. I emphasize client because this is something that should absolutely be handled in a professional manner.
You probably* don’t need to create an LLC, but consider creating an account on Care.com and mentioning your services in regular conversations. Word-of-mouth marketing is as good as it gets.
- Freelance services!
I started my side hustling as a freelance writer, and it has opened my eyes to the broad horizon of remote work and that “hustle” mentality that I was never got from an office job. There are so many services to provide. Just a quick (hours long) glance at sites like Fiverr and Freelancer can get your creativity flowing. There is a high demand for so many tasks like:
- – Proofreading
- – Editing
- – SEO
- – Web Design
- – Virtual Assistance (VA) Work
The free market has been digitized, so why not consider a giving it shot?
- Remote Work
If you’re currently out of the workforce and in the market for more time-consuming work, Flexjobs is the BEST place to find real telecommuting opportunities. Yes, it is a subscription service, but for only $15 a month, you get full access to real, reliable jobs with no risk of running into scams that will just take your money and send you to Western Union. In case you’re wondering, there are part-time positions as well!
Blogging is definitely the marathon version of the side hustle, It is my current focus, and I’ve been monetizing it since day one. In January 2018, I earned over $900 from my couch ENTIRELY from my blog! While it is my 7th month blogging, I’ve been able to see ACTUAL progress and make some money doing what I love. You can read my blogress reports here:
Now, the hard part…
Finding the time
Time constraints are always going to be a problem for moms. But it can be done with effective time management skills. Yes, working from home is a lot easier than getting up and going into an office etc. But it can also be a lot harder to stay focused.
Too many distractions can greatly reduce productivity. While some side hustles only require an online post (selling your things), others require full-blown organization and planning.
I recently created a way to easily track and follow through with my routines which has been a total game changer! Grab a FREE copy and you will AMAZE yourself with how much more you can get done once your regular activities are on autopilot.