How To Make Extra Money As A Single Mom
Single moms do it all. They often must keep a full-time job while having the additional full-time job of being a mother, which is the hardest work anyone will ever do. That makes it difficult for many single moms to sometimes make ends meet – especially with everything seeming to rise in price lately.
Learning how to make money as a single mom may seem daunting at first, but the good news is that, even with an extremely busy schedule, numerous side hustles offer money for single moms and fit in with their lives seamlessly. And that’s just scratching the surface. Here are six tips to help you make money as a single mom starting today.
Ways For A Single Mom To Make Extra Money
Love getting your creative juices flowing but haven’t had much of an opportunity to do so lately? Then freelance writing is for you. It’s also perfect for single moms with limited free time. As a freelance writer, you typically choose not only what you write, but when you can write it. Either pitch some ideas to a print or online publication or look through gigs that speak to you on such sites as Upwork or Fiverr.
Become A Virtual Assistant
Just as in-person assistants do a little bit of everything, virtual assistants can help make a company run efficiently and even elevate it to the next level. It’s also a particularly lucrative side hustle and includes everything from scheduling meetings and social media work to digital marketing and business account management. How lucrative is it? The average virtual assistant can make around $20 an hour or about $40,000 a year.
Make Some Targeted Investments
It is definitely possible for single moms to make smart investments even on a limited budget. The stock market is more accessible than ever these days, with more companies and apps targeting casual and lower-income as well as promoting fractional investments, where you can own partial shares.
There are many different tools to help you get into investing and how to do it the right and responsible way. An app like Ellevest specifically helps women choose investments that fit well within their budget and long-term financial goals and includes a financial planner at no extra cost.
Make And Sell Crafts
Handmade craft sites like Etsy and Amazon Homemade have exploded in recent years, making it a great opportunity for money for single moms. There’s a craft for every interest and talent, including pottery, jewelry, and clothing. You also don’t have to sell online. Look into local craft shows in the area that specialize in promoting local artists or sell on your own with regular yard sales.
Buy Old Furniture And Refurbish It
Whether you’re on a single mom budget or not, flea markets can be a money-saver for home goods. If you are good at refurbishing furniture quickly, take it a step further and make some extra cash while you shop for home goods that you can easily fix up.
Flea markets are great places to find solid furniture or décor for cheap that can be easily refurbished and sold for a profit. Look for inexpensive side tables, dressers, and more that need just a bit of refinishing to turn them into a desirable piece for someone’s home.
Start Dog Walking
If you have a soft spot for dogs, turn that love into cash by signing up as a dog walker or as a dog sitter. It’s typically easy work that pays well and works well with many single moms’ schedules since many people hire these services on weekends or evenings. It also pays more than you may expect. Pet sitters make an average of $18 for just a 30-minute visit – and sometimes a lot more for a long weekend.
Consider A Registration Loan For Emergency Expenses
Even the most responsible single mom with several side gigs can face a financial emergency that is hard to tackle. That’s when a registration loan may provide the exact help you need. A registration loan uses your vehicle’s registration as collateral in exchange for money. This loan is specifically designed to help you address a financial emergency easily and quickly.
It’s a short-term loan that should be used for such issues as an emergency room visit, emergency travel, or a pressing car or home repair. At Fast Auto Loans, Inc., you may qualify for a registration loan of up to $900 in as little as 30 minutes — and you keep your car and can drive as usual for the loan’s duration.
Does this sound like a loan that could help you out? Fill out the short loan form on our homepage and a loan representative will give you a quick call to walk you through the rest of the process. They will also go over the few required items needed to qualify and set up an appointment for you to come in and finish the process.
Once you arrive at the nearest Fast auto registration loan location, a loan representative will sit down with you to assess your items, run your credit, and determine if you qualify for approval. If you are approved, you can get the cash you need either the same day or the very next bank business day at the latest.
Make Some Extra Money Easily, Even As A Single Mom
Earning extra money for single moms doesn’t have to be difficult. Just check out one of our six ways you can start making money right now. However, when it comes to how to make money as a single mom, an emergency can really get in your way. If that happens, remember that a registration loan can help. Fill out the online form to start and get back on the right financial track.
Note: The content provided in this article is only for informational purposes, and you should contact your financial advisor about your specific financial situation.