Extending what we have discussed in Part One on how stay-at-home parents can generate additional earnings, in this chapter, we will explore more ways by which they can earn a living. In this final part, we reveal final 10 ways, which also suits parents who want to obtain financial stability without inferioring their care taking roles.
Well, let's turn over the page of these remaining 10 ways and understand how they are the solutions to financial empowerment and fulfillment in our stay-at-home parents' life.
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12) Create and Sell Digital Products : Digital items are considered to be non-physical goods and/or services that are delivered via electronic means. They can be e-books, software, online courses, digital art, or music downloads and so on. Such products can be easily downloaded from the web to consume on the electronic devices including computers, smartphones, and tablets.
Your first step towards selling digital products is by having it created and setting up an online platform. Next, marketing content is generated and customers are attracted. Lastly, you deliver the products digitally after the sale is done.
Qualifications : Your skill set may be based on the kind of product you want to create with digital means, e.g. graphic design, programming, website design, video and audio editing or content creation.
Platforms to Sell Digital Products :
Your own website.
Marketplace Platforms
Amazon: By selling e-books, music, and other digital products on Amazon's Kindle Direct Publishing (KDP), you can create another source of income.
Etsy: Best fit for selling digital art, crafts, and printables.
Gumroad: A platform that develops e-learning products like ebooks, music, and courses.
Envato : Ideal places for digital assets such as a website theme, graphics, and templates selling.
Creative Market: Just as Envato, Creative Market concentrates on such creative products as fonts, templates, and graphics.
Social Media Platforms: Instagram, Facebook, or Twitter can help you do it; you can directly promote and sell your digital products to your audience.
Important Note : At the time of the creation of the digital products, the observance of copyright and intellectual property laws is vital. Don't apply any copyrighted material without prior approbation. As a result you may also get to register your own products as a trademark.
Average income : The typical income obtained from the sales of digital products has different results and factors that include the type of product, the size of audience, pricing strategy, marketing methods and monthly recurring revenue models.
On the plus side, seasoned creators earn from a few hundred to a few thousand dollars in a month, but the exact average is hard to pin down because different digital goods vary in sales potential.
13) Open E-commerce Store: Being an online store owner can give a second income to the stay-at-home parents who need both to take care of children and to earn good money at the same time. This job gives you the chance to be your own boss and yet be with your children too.
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Qualifications : To have a successful e-commerce store you need a good knowledge of online marketing, customer service, and the principles of business. It is good too that mastering these digital marketing tools such as social media advertising, emails marketing, and search engine optimization (SEO) that can highly enhance the visibility and profitability of an e-commerce business.
Source : The entrepreneurs can build an online store by using Shopify, WooCommerce and Etsy platforms. You just need to choose which platform you like, your budget, and your target audience. These platforms are user-friendly, so you don't need technical skills or web design skills to set up your online shop. To start, select what you want to sell, obtain high-quality pictures of the product, attach the pictures, write a product description, and establish a price. then you are done. Furthermore, you can also advertise them on social media sites and online platforms such as Amazon and eBay to increase traffic to your store.
Important Note : Prior choosing e-commerce business for setting out in business, entrepreneurs are advised to carefully research a market they intend to work in, the competition and the target audience. Although simultaneously it is of great importance to create a differentiated and unified brand identity and provide the goods or services which satisfy particular customer requirements or preferences. This activity will assure the e-commerce retailer to be different from the others in the market.
Average income : The web site of ZipRecruiter.com informs continuously that the average hourly price that Online Retailer in United States earns now is $19.52 as of March 12, 2024.
14) Transcription Services : Transcription is the process of writing down the speech from the spoken recordings in the form of the text.
As a transripter/transcriber you can make money transcribing different content-interviews, meetings, podcasts, lectures, or webinars. Though you can maintain your income as a freelancer or join the transcription companies depending on you expertise and regular client base.
Qualifications : To manage to become a transcriber, you have to possess good typing abilities, outstanding listening comprehension, and skill in the language being interpreted. Besides that, being alert to details and being familiar with meeting deadlines and using time efficiently would be nice skill to have as well.
Source : The platforms you can find transcription work on are freelance sites, like Upwork, special transcription companies, such as Rev or TranscribeMe and general job boards for instance Indeed.
Important Note : As the roles of transcriptionists/transcribers involve dealing with sensitive or confidential information, compliance with the data protection laws as well as maintaining privacy/confidentiality are very important.
Average income : According to ZipRecruiter.com,a transcriptionist/transcriber in the United States earns on average $20.19 per/hour which is equal to March 10, 2024.
15) Proofreading: Proofreading is the activity of rigorously checking and revising the written material to ascertain and remove grammar, punctuation, spelling, syntax, and formatting mistakes. It forms integral part of the process of writing and publishing to ensure that the final output is clear, correct and flawless.
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Proofreading will definitely turn out to be a good decision for stay-at-home parents as it is the most flexible and versatile kind of the work which can be done anywhere with ease.
Qualifications : You should have a good linguistic proficiency with good handling of grammar, spelling, punctuation, and syntax, alongside a keenness to details.
Source : Websites like Upwork, Freelancer, Fiverr, Indeed and Flexjobs are some of the examples of where you can look for these jobs. These platforms actually give a variety of choices for freelancers and remote workers that are excited in proofreading positions.
Important Note : Each client may have unique style preferences or certain requirements, thus, it is necessary for proofreaders to abide by and adhere to these differences.
The styles of the different clients can vary and thus engage the proofreaders to ensure they respect and comply with the preferences and requirements of the clients, whereby they can deliver their best.
Average income : As mentioned by ZipRecruiter.com,, the current hourly pay for Freelance Proofreading profession in the United States is $27.65 as of March 11, 2024.
16) Graphic Design: Graphic design is a way of creating a communication tool that can translate the ideas and concept by using texts, pictures, colors and arrangement in an eye-appealing way. The artistic element of the task, for example, logo designing, advertisements, websites, drawings and printed materials, lies within creativity.
Qualifications : Becoming a graphic designer is not difficult. All you need is creativity and computer skills. In order to apply for a job, most graphic designers who have no experience require a degree. If you don't have an art degree, you can still present your portfolio to the employer/client. The more remarkable your work is, the better it will be, and it will increase your chances of getting hired.
Source : Searching on various online sites, many include Upwork, Freelancer, Fiverr, 99designs, and DesignCrowd, you can look for freelance graphic design jobs. The last two websites were specifically created for graphic designers. Your work can be presented to clients worldwide and may ultimately lead to employment.
Important Note : In graphic design world, it's crucial to maintain an excellent portfolio and keep the hones on your skills up-to-date.
Average income : As per www.glassdoor.com, graphic designers are on average paid amounts of roughly $59,352 annually in the US. (Or $250 per hour) - The last update was, however, done on March 16, 2024.
17) Social Media influencer : Nowadays, influencers make money in different ways, for example, brand ambassador, affiliate marketing, and the sale of merchandise. This flexibility therefore helps you has the power to do most of the things such as content creation and engaging with your audience at a term which you feel is good for your schedule.
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Qualifications : You need to be creative ; it's important to understand what content your target audience enjoys. Because we want to earn money from being an influencer, therefore, the content you present must be effective in connecting with the target audience and the brand.
Furthermore, You need to have good communication skills to make your messages easy to understand, to the point, and not cluttered. The effective communication can help the content to be sent out to be attractive and even more interesting.
Source : The first thing to do is to build your content using Instagram, YouTube, TikTok, or Facebook either through images, short videos or texts and publishing it at a regular basis. It should be known that crafting your personal brand along with finding your loyal fans is giving time and energy to the design and e-strategies for achieving your e-commerce goals.
Important Note : When reviewing a product, avoid exaggerating to get the employer to pay more, regardless of the quality of the product and reviews that are not accurate. Your reputation as an influencer will decrease due to this. Remember to be honest with your followers, the company that hired you to review, and yourself.
Average income : The range for this post on ZipRecruiter.com, is from $10 to $22. The average hourly pay for an influencer in the United States of America is $27.85, according to the states dated March 12, 2024.
18) E-book Publishing/Writer : E-books are published in digital forms and are transmitted by and read through electronic devices including tablets and smartphones. They enable authors and readers to communicate in a language that everyone understands and without to print or to go to the book shop.
Either if you are a professional author or know some stuff to share, writing an e-book is a good way to promote your work out to everybody there and increase your online presence.
Qualifications : The writers have to have good writing skills, pay attention to details, and to hold readers engaging by using imaginative or informative style of writing. An important thing in preparing an E-Book is designing a cover or e-book cover, as eBook covers are often the first factor in consideration for eBook readers when clicking to read the information inside. Designing the cover of an E-Book is crucial and should not be overlooked.
Source : E-book publishing can be acquired through some online platforms including self-publishing services like Amazon Kindle Direct Publishing (KDP), Smashwords, Apple Books or Draft2Digital. These platforms provide simple and straight-forward systems as well as detailed instructions for the uploading and distribution of the e-books to a large number of digital providers.
Important Note : While e-book publishing, you need to concentrate on the quality, professionalism, and audience engagement. Another aspect of your attention should be the way your book is formatted and designed because these things have a great influence on the way your book is perceived and how well it sales.
Average income : Based on the data from ZipRecruiter.com, the average hourly rate for the ebook writer position in the United States is currently $38.94 as of 12th March 2024.
19) Rent Out Your Car: These days, the websites and apps between car owners and car renting companies are many. Do you have an extra car handy or using it less often? With this in mind, it can supplement your income without too much effort.
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Qualifications : There are specific requirements that need to be met in order to get into the motor vehicle rental business. First, it proves that you're a responsible person who can be trusted from the driving perspective. Furthermore, it is very important to take out an insurance coverage associated with the vehicle, as most of the rental platforms need it to protect both you and the owner in case of accidents or damages. Some platforms may require age restriction for vehicle owners, hence, check these thoroughly before signing up.
Source : You as the owner of a car can sign up with the most popular peer-to-peer car rental platforms like Turo, Getaround or HyreCar. These online platforms provide an easy-to-use system in which you can post your car, define your rental policy, and communicate directly with prospective renters. Through these channels you can touch a large number of renters and realize the best financial opportunities possible.
Important Note : Although renting out your car may be rewarding side job you have to be very careful and weigh all the cons and pros before you do it. Completely read the terms and conditions of the rental company which you have chosen, already knowing about the insurance coverage provided and any fees or commissions charged. Furthermore, you better maintain your car in good order and make sure your tenants understand your expectations and keep the relationship positive. Through these procedures, you will also be able to rent a car worry-free and experience their advantages without overlooking problems.
Average income : The average income from renting your car can be quite different that is dependent upon the type, condition, place and possibility of the demand for your car in the particular area. Car owners can anticipate earning between $250 and $1000 per month.
20) Online Consulting: Online consulting jobs are becoming a popular way to generate some extra income by utilizing your expert knowledge and skill set.
The online consulting services are in great demand as more businesses and people realize the importance of having the experts insights. No matter whether you are an experienced professional working in your field of expertise or wish to share your limited knowledge, online consulting might be what you need. There are also online platform that gives you an easy way to connect with customers all over the world and you can do your job as a freelancer remotely.
Qualifications : To be a successful online consultant, you have to be very knowledgeable and have concrete experience in your line of work. If you are a business consultant, a financial advisor, a life coach, or any other type of consultant, your clients expect you to be knowledgeable enough or skilled to offer them relevant insights and counseling. In addition, a good communication skill is vital to give credibility and establish a trusting relationship with clients in the online world. Being a holder of formal qualifications and certificates will add to your credibility, but real experience and the established track record of success are also an important factor.
Source : A few of the digital marketplaces match experts with people who would like just a piece of help in selected fields. Platforms like Clarity.fm, LinkedIn ProFinder help consultants to have their profiles, show voluntarily their expertise, and reach their probable clients. These platforms offers broad spectrum of consulting opportunities fitting different industries and specialties, which in turn allows consultants to find clients and develop online consulting business faster.
Important Note : It is absolutely important for you to have consistent and straight communication back and forth with your client to avoid any mistakes. As most of your time will be spent communicating virtually, it is important to audio yourself clearly and effectively through written communication or prepared presentations - secure. Hence, you handle this type of question by providing the prompt, detailed explanation, and ensuring that the client is fully aware of the information. The depth and vividness of your explanations can only increase the confidence of the other person you will tell others about your services.
Average income : According to ZipRecruiter.com, the average hourly pay for Online Business Consultant in the United States is $47.73 as of March 15, 2024.
21) Affiliate Marketing: Affiliate marketing is a way for people to make profit by advertising products or services and getting paid by a special affiliate link. It is a good way to earn some extra money since you don’t have to invest much to begin with, and you can choose when and how you want to advocate for products. The promotion channels of your products include your own blog, social media, and a website.
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Qualifications : Affiliate marketing is not a career that requires any special qualifications but having some specific skills can increase your career success.
To make people interested in what you sell, you need to communicate with people, take some marketing classes and know how to make catchy content. Of course, if you know what your audience is looking for and you offer the products they like, you will end up selling something by using your affiliate links.
Source : You can join many affiliate networks and programs and start your affiliation with the products and services that you promote. There are also many popular networks like Amazon Associates, ShareASale and Commission Junction, which provide hundreds of programs in various fields. Moreover, a lot of companies have their own affiliate programs which you can use to earn money by plugging their products. While selecting programs don’t simply concentrate on how much you will earn, whether the products are in line with the tastes of followers, or whether the network is well known.
Important Note : It's vital that we deal with that in an honest and transparent manner. By being open about your affiliate deals and making sincere product or service suggestions generated from yourself, you will gain trust and reputation among your followers. Moreover, staying close to the latest marketing trends, enhancing your marketing efforts and continually checking affiliate campaigns effectiveness is the key to sustainable success in affiliate marketing. Your affiliate marketing firm will sustain in the long term and have good revenues if you emphasize on offering value to your audience and networking with your affiliate partners.
Average income : As per ZipRecruiter.com, the average hourly rate for affiliate marketing in the US is $39.43 as of March 15, 2024.
Conclusion :
Overall, there are several possible ways for stay-at-home parents to generate income and improve their family's financial state. Whether it's freelancing writing, teaching, or selling handmade items, there's an opportunity for everyone. If you’re inventive and you don’t give up, you can find openings that will line up with your skills and ambitions. Whether you decide to have one idea or small ideas, remember that each of your efforts will help you to reach your financial goals alongside having quality time with your children.
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