The problem with having the hardest job in the world (being a full-time mum) is that it is actually not financially viable. Your partner may be earning a sufficient income, which may just be enough to pay the bills, but it’s not allowing you to live your life how you want. To achieve this, you should consider taking up a form of employment that allows you to stay at home. This may seem impossible, but there is actually a wide range of jobs that allow you to balance work life as well as motherly duties.
Take a look at the following income ideas which will help you improve your financial situation while still spending quality time with your children.
Rent out your property
Renting out your property may seem like a big step to take, however, you can start small by renting out your unused rooms. Many medical professionals are always on the lookout for short-stay accommodation, so you could consider targeting them, especially if your home is close to local hospitals. This will offer you passive income that can be put towards your bills or your dream home fund.
If you enjoy your role as a landlord, you could consider taking the next step by investing in additional properties. This can offer you generous returns in the form of rental income and capital appreciation, so it is definitely a worthwhile venture. To ensure your investment is successful, you should seek advice from property experts like RW Invest who can offer you their expertise on the housing market, including everything from locations to tenant demand and more. As a stay-at-home mum, you could take on a hands-off investment, which would mean employing a property manager to take over all landlord responsibilities while you take care of what’s important – your kids.
Find freelance work
One of the most popular ways to earn money from home is to start freelancing. This is a type of self-employment which allows you to work with a variety of different companies. There are different types of freelancing, although the most popular jobs include freelance writers, graphic designers, and other jobs within the creative sector. This type of employment means you can work from home in your own time, so you can schedule your day around your kids. It is also extremely easy to find work, as many freelancers use websites like Upwork or Fiverr, where thousands of employers’ post jobs every day.
Other types of freelancing include virtual assistant jobs, which is basically the same as a personal assistant except you do not have to be at your employer’s side at all times. In this type of employment, you will usually have one specific employer, although it is much more flexible than being an office-based assistant. In this role, you would be expected to manage calendars, arrange meetings or travel, perform administration tasks and more, which can be conducted from your bed if you wish.
Become an online tutor
As the saying goes, those who can’t do, teach. In this case, the ‘can’t do’ is because you have more important responsibilities related to childcare, so instead, you should utilise your talent through online tutoring. The most popular type of tutoring is teaching English, as people all around the world wish to improve their English, and this can easily be done over Skype.
Online tutoring is a lucrative way to earn cash while working as a full-time mum, as it can offer you £20 or more an hour. So if you just have a student who is looking to learn fast, you can book in block tutoring sessions which will allow you earn significant profits, while helping your students speak one of the most prominent languages in the world.