Being a busy mama means that you have a finite amount of time for yourself and making money. Some working mamas are able to make enough money from their day job to be able to care for their family and contribute financially to the overall household expenses. For other mothers, it is not so easy and they can’t have a daytime job because being a mother is their full time job. This also doesn’t mean that there aren’t ways for them to make passive income to be able to bring more money into the home. Here are a few popular ways to make passive income for you and your children.
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Store Other People’s Belongings
Do you have ample storage space in your home? Perhaps you have just a few extra corners to put stuff in. If that’s the case, then you can earn money every month by offering to store people’s things. If someone is travelling or between homes, you can rent out part of your storage area to them for less than they would spend on a traditional storage unit. The other person can bring it in and place it where you want it, and that’s it. You can go about your life getting paid.
Rent Your Car
If you’re the kind of mom who spends most of the day at home with little ones, you can rent out your car for the day for people to have a ride to run errands. You can charge a daily rate that enables you to cover your car insurance and car payment. Both of these monthly expenses can pay for themselves while you sit at home with your kids. When your car is brought back then you can keep it in the driveway. You choose when to rent it out, and maybe you’ll only have to do it a few days out of the month or maybe more if you want to make extra money.
Invest in Cryptocurrency
Cryptocurrency has gripped the world as another form of currency and payment. The creator of Bitcoin is estimated to own up to $40 billion dollars in the currency. As of this writing, Bitcoin is still one of the most heavily traded items on the market and is doing very well. There are other cryptocurrencies like Dogecoin that cost less than a dollar to invest. Overtime, the price may go up and so will your dividend earning a very high payday for you and your family in the future.
Start a Blog
A blog can be more than a hobby. By giving it enough dedication, you can turn your blog into a business and you can actually make money! It’s actually quite fun and can be very rewarding. Below are a few ways to get started!
A great way to make a good amount of money fast as passive income is to take surveys. A lot of times, you can take these surveys from the comfort of your home while you are with the kids. Other times, you can take a trip to a location for about an hour and take a survey after you watch a video or work with a product. Do this a few times a week and you will bring much needed cash into the family bank account.