Especially when you find yourself the sole provider of a child, you may be looking for ways to put more cash together. You want to have extra on hand to pay for things that your child needs. If you need extra income, let’s have a look at some of the things that you can do to earn extra.
Sell Ad Space on Your Car
Surprisingly, not enough people take advantage of this lucrative cash earner that can earn you anywhere from $100 to $400 a month, depending on how much you drive and the ad agency. Considering how simple it is to earn from this method, it would be wild if you didn’t take advantage of it. When you drive to work and park on a busy road, your vehicle goes to work for you. You can use this side hustle to pay for a portion of daycare or use the money to feel more comfortable. For those interested in this, you will find no shortage of firms willing to pay you to put an advertisement on your car. In some cases, they will even come to you, but you can also seek them out.
Sell Your Life Insurance Policy
When you sell your life insurance policy, they call it a life settlement. You can review a guide on everything that you need to know about selling a life insurance policy through a life settlement. You can receive a cash payment that will lower the stress of paying the bills. Many people see this as a good option when strapped for cash because of how they can’t use the life insurance policy unless they pass away. When you pass, the buyer of the policy will receive the benefits. Moms in a tight position where they can no longer afford to pay life insurance may find that it makes things easier.
Catering Business from Home
Catering at cocktail parties and special events has become big business. This opens the door for single mothers who love cooking. Startup costs for starting a small catering business will depend on how much you want to pay, but you will want to understand the specific rules within your state to remain compliant. You may need certain licenses or permits, and in some cases, they won’t let you do the business from home. Look more into it if you’d like this as a side hustle.
Social Media Manager
Especially if you already spend hours per day on social media, you can use it as an opportunity to manage social media for businesses. You can handle many of the tasks remotely, allowing you to work from home. Some of the things that the business may require of you include publishing content, thinking of marketing campaigns, setting up social media accounts and performing audits to ensure that the content aligns with the business goals. Learn about where to find the best social media jobs so you are optimizing for your time and money. You can either work as a freelancer, or you can seek employment through a company. To do this, you will need a smartphone or computer and an internet connection. You will help businesses to grow their online presence.