12 Passive Income Ideas for Stay at Home Moms

Many stay-at-home moms want to supplement their family’s finances with a side income.  But being a stay-at-home parent takes a lot of time. One study showed stay-at-home moms work over 90 hours a week!  In other words, stay-at-home moms struggle to find time to earn… 12 Passive Income Ideas for Stay at Home Moms as published on Women Who Money Many stay-at-home moms want to supplement their family’s finances with a side income.  But being a stay-at-home parent takes a lot of time. One study showed stay-at-home moms work over 90 hours a week!  In other words, stay-at-home moms struggle to find time to earn money. So, the less hands-on a side income is, the better. That’s why many stay-at-home moms who want or need to make extra money love the concept of passive income. So, if you’re looking for passive income ideas, read on to explore the possibilities! What’s passive income? Before we get into passive income ideas, we must define passive income—and make a disclaimer. Passive income means you earn money even when you’re not spending time at work. So, you’re not continually trading your time for money. On the other hand, active income means trading your time for money. In exchange for spending time at a job, you receive a paycheck. So, if you stop working, you don’t get paid. The passive income ideas in this article don’t require you to be at work to earn money. But here’s the disclaimer – when it comes to making money, there’s nothing truly passive out there. Any way you earn an income is likely to take at least some time and effort. Most passive income ideas need upfront work and ongoing investment of time. But that doesn’t mean it’s not worth pursuing! With most passive income ideas, you’re your own boss. And you can make money even when you’re sleeping, spending time with your kids, or on vacation. It means you’re only sometimes trading your time for money. Plus, it offers flexibility, which is great for stay-at-home parents. With that in mind, read on for some great passive income ideas for busy stay-at-home moms. Related: Active vs. Passive vs. Portfolio Income, the differences Passive income ideas for stay-at-home moms Invest your money Investing in the stock market is the most passive of all income-generating ideas. And if you’re patient and consistent about investing long-term, you can build future wealth. And despite what many people think, you’re not required to be an expert to start investing. Plus, it’s possible to get started with a small amount of money.  Yet, like other passive income ideas, investing comes with risk–and it’s a long-term strategy. If you’re risk-averse or have short-term financial goals, you might explore options besides stocks. Consider high-interest savings accounts, certificates of deposits, and treasury, municipal, and Worthy Bonds.  Related reading:  Make Your Money Work Hard, So You Don’t Have ToHow to Begin Investing in Stocks [Stocks 101]What Do I Need to Know About Buying Bonds? Create and sell printables Making and selling printables online at an Etsy shop is an excellent way to earn extra money. Some sellers have even been able to turn it into a full-time income. You don’t have to have design skills to start making printables, start-up costs are low, and you can do it on your own time. And once you create and list the printables, there’s little hands-on time.   If you want to know where to begin, check out our friends Julie and Cody’s E-Printables Course! It’ll save you time and help you earn money more quickly. Sell stock images (licenses) If you have a knack for great photography, consider selling your photos. Selling photos under a royalty-free license is a relatively passive way to make money.  It takes time to build a portfolio that makes money. But each photo gets used repeatedly, so it’s little ongoing work once you list your images. Plus, stock photo agencies handle the sales for you (though they make a commission). If you choose to sell images, use well-known sites like Alamy, Shutterstock, and iStock. Sell your digital art online Digital art is more popular and accessible than ever. So, if you’re a photographer, graphic designer, or