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Kicking low income to the curb. Earn Extra Income as a Single Parent

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May 30, 2018

How a Single Mother Can Attain Monetary Gains

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Sometimes making a BIG difference means setting small goals. Here are seven easy ways to improve your finances this year.As a single mom you are not just physically and emotionally burdened but you have to hold tight on to the financial front as well. Not every single mom struggle to meet the ends but the need of extra cash flow arises now or then.

Most of the single mothers need to be around kids and cannot take up a full time job. What can they do to make extra cash?

A single mom always would wish to be her own boss as she needs flexible hours to cater to her family too. If you look, you can find a plethora of services that you can do to earn the extra much needed cash.

Be a Child Care Provider

As a mother you are already capable to provide child care. Go out and help parents with your baby sitting skills. You might be required to work on weekends or some odd night hours but that should be pretty manageable.

Invest a part of your savings

So you are in no mood to leave your kids at home. You can try to grow your monetary savings from the comfort of your couch by investing your savings either in cash financial instruments or in derivative financial instruments. Although this form of investment has a potential risk attached, it can also turn out to be highly rewarding and beneficial.

Be a freelancer

If you have a professional degree as an accounts person or graphic designer, you can always make money as a freelancer. Even your passion like photography can help you make some extra cash. But if you do not have a professional degree, go for some boot camps and get an edge required to offer freelancing services as a website developer or more.

Be a Virtual Assistant

The online world has opened a sea of opportunities while you sit at home and work for someone who is sitting miles apart. These tasks can be as simple as maintaining the stock sheet or balancing the financing. Such professionals are called virtual assistant. You may be required to take out few hours from your routine to complete the job. Also these works are flexible enough.

Unleash your Creative element

You never thought a childhood artistic skill could earn you money. Lots of people look for handmade personalized items to gift their loved ones. Whether you paint, quill or do Zen art, try to market it by offering personalization gift services. Social media websites can help you connect with buyers and roll on.

Earning a supplemental income is never a bad idea. If you are already a full time worker but are in need of extra cash, it’s time for you to pick one of the above ideas and bring in the flexibility to your pocket too. Single moms are strong enough to juggle with the multitude of tasks on their plate and keep the cash flowing in.

If you need extra money to buy a dream house or achieve smaller goals like buying your kid a new bike, you can pick up jobs from above list without bothering about long term commitments. You can choose to work from your homes comfort while achieving all your goals.

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About Alexa

Alexa Mason is the blogger behind Single Moms Income, a personal finance freelance writer, and an online entrepreneur. Come hang out with her on Facebook and Pinterest.

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