Every parent wants a bright future full of financial security for their kids. If you have a full time-time job, the income alone may not be sufficient to spend and save at the same time. With the hard economic times hitting us, we need second income ideas to help us save more for our kids. Parents need these ideas to help boost their income as raising a family and ensuring they have a financially secured future is hard work. From selling on eBay to trading online, there are many second income ideas that you can use to raise your savings to an impressive level. Here are some of the ideas that you can employ to increase your income.
Make money from renting your driveway and garage
Most people don’t know that they can use their driveway to make some good amount of money by renting it out especially if they don’t use it. For people living in the major cities like London and Manchester where parking is a problem, they can rent it out on a daily basis and turn it into a money making machine. If you own a garage but no car, earn money from renting it and save for your child’s future. You can also rent out your garage or driveway for other things like bands to use for their rehearsal. Renting out your garage or driveway can earn you up to 20, 000 euros per year. Isn’t the amount enough to spend and save for the future? Make use of your garage or driveway and make money.
Earn extra income from trading online
Arguably one of a good way to earn extra income, online trading provides you with a chance to buy shares and sell them later making profit. Traders can also predict the prices of commodities making profit if their predictions are correct. Websites such as CMC Markets provides an excellent platform for people to trade online and make some good amount which you can then save for child’s future. The good thing about online trading is that you can do it from the comfort of your house using your phone or laptop. All you need is to look for the best stocks or shares, trade and earn a good extra income.
Sell things on online
Every parent wants their kids to have the best education, so they will do anything to secure their future. If you look at your closet, do you realize it’s fully packed with stuff you never use or even remember they exist? Make use of those unused items by selling them using online platforms like eBay and make extra money. Look out for clothes that you don’t wear, shoes and electronics and sell them online. eBay is arguably everyone’s best friend when it comes to getting rid of items that you don’t want in the house. Sell and make profit, spend and save the rest for your child’s future. You can also buy things at relatively lower prices and sell them on eBay making profit. All you need is to analyse the trend and predict what will be in demand in the market after sometimes.
Start a blog
Starting a blog is a perfect idea to make extra income. You will need to have a blog and start creating interesting content. Ensure the content of your blog is useful because that way it will attract many readership and advertisements. The kind of content you choose to create for your blog will depend on the topic that you are well conversant with. Focus your blog on creating content that is useful to the readers. If you continue to create articles that impact on people’s lives, with time, you will begin making enough money that you can save for your child’s future.
Start Ironing and laundry services
Are you aware that you can make the perfect amount of money from laundering and ironing services in your neighborhood? As much as it may not sound like a great thing to do, it’s absolutely a good idea to start earning extra income. Get new customers by handing out leaflets and business cards in your neighborhood and start making money for your child’s future today!
Jared Quips
It is to our advantage that our mums can now earn while they stay at home to care for us. It is also good to note that they now have many income opportunity options depending on their skills and interests. Mum started our blog when I was a year old and it has been her source of income for several years. In addition, she also has other online freelance work that allows her to earn while staying at home with me! What do you reckon your mum would choose among these second income ideas? 🙂
For more awesome tips, you may check out our previous Parenting + Money Hacks posts!
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