The following is a guest post by Nick Anderson, a financial writer for Forths Online.
Many stay-at-home moms are looking for ways to earn money while taking care of the kids. Though there are various success stories, many moms still feel a bit skeptical about the possibilities. After all, is it possible to earn a decent income and to remain safe from scams?
There are various work-at-home opportunities that you can benefit from. Some of them will earn a lot, while others will generate a nice residual income that will contribute a bit to the family budget.
Do Some Research
For a start, do some research. There are specialized forums and website where stay-at-home moms exchange work ideas and write reviews of the most popular opportunities.
Such research can be lifesaving, when it comes to money-making opportunities. Some websites offer great suggestions for legal options and work opportunities that will result in a nice pay. Research every idea, especially if it appears to be exceptionally lucrative.
Part-Time Freelance Job
Freelancers work from home and they complete all kinds of projects for their clients. Writers, translators, website developers, designers, university teachers, journalists and scientists can all find amazing freelance job options.
There are websites that connect clients to freelancers. Start by creating your profile in several such websites. The work volume and the amount of money you will request depend entirely on your preferences and needs. Becoming a freelancer is one of the most flexible work-at-home possibilities for moms.
Sell Items Online
Do you have old items that you never used and you want to get rid of? Alternatively, do you have a hobby like jewelry making or greeting card creation? Such items can be easily sold online.
Websites like eBay and Amazon provide great opportunities. You will get rid of the items that you have no need for and you will also get to make some money. Although such efforts will result in sporadic income generation, they require very little effort on your behalf.
Moms that are passionate about specific topics or that have a lot of knowledge in a particular area can write eBooks. eBooks have made it possible for everybody to self-publish. You can write fiction or you can create useful guidebooks that will help the readers deal with a particular problem.
Many of the bestselling authors on Amazon are stay-at-home moms. Some of these women have created incredibly popular books, which resulted in sales totaling millions of dollars. Even if you fail achieving the same success, you can still get a steady income out of eBook creation.
Website and blog owners can join affiliate programs. The principle is very simple and it has been around for some time.
In the case of affiliate marketing, a product owner or a website that sells items pays an affiliate or a website owner to do promotion. A banner or a text ad appears on the affiliate’s website. Usually, the ad is contextual and relevant to the website or the blog’s theme.
The affiliate gets paid each time someone clicks on the link. Alternatively, affiliates could be paid a percentage for each sale generated through their website. There are various affiliate marketing networks that website owners can choose among. This type of marketing is a great way to passively monetize the website. The more popular the website is, the higher the chances of affiliate marketing success become.
Be Careful about Scams
Try to be extra careful when choosing your stay-at-home money making possibilities. If you are trying it for the first time, there is a risk of becoming the victim of a fraud scheme.
A general rule of thumb is that anything appearing too good to be true probably is. Stay away from investment options or money making offers that promise risk-free returns within a short period of time.
Avoid giving out your financial or personal data. Never share a credit card number, a social security number or another piece of important information. It could be used in a fraud scheme. Reputable websites have security certificates that protect your personal data. Always go through the terms and conditions to make sure that your information is protected.
When in doubt, talk to a professional. Forensic accountants investigate all types of fraud. If you have uncertainties about a specific money making opportunity, schedule an appointment with a forensic accountant. Talking to a professional will keep you safe and it will give you a chance to make the most of such options without endangering your financial security.
Stay-at-home moms can contribute to the family budget in a number of easy and efficient ways. When choosing your making money from home option, think about the things that you enjoy doing. Being happy about the activity will make you more productive, and ultimately it will give you a chance to earn a nice income for your family.
This post may contain affiliate links. Read my full disclosure here.