These days, it’s not only mothers that are choosing to be a bigger part of their children’s formative years by staying at home. Choosing to be a stay-at-home dad is becoming increasingly common for a number of reasons, including a number of jobs and businesses that allow you to work remotely from almost anywhere in the world. There are many potential streams of income for stay at home parents. For those considering making the change, here are some potential ways to make the idea viable.
Become a Currency Trader
For dads with an interest in financial trading, training providers such as Learn to Trade provide in-depth courses and strategies that could help you achieve success trading on the foreign exchange market. With intraday and end-of-day trading options available, trading currency can be a flexible option and could provide extra revenue for stay-at-home dads. There are also some trading options that require as little as one hour a day spent analyzing the markets.
Teach a Skill
Tutoring and teaching jobs can usually be run out of the home or via the internet through video chat. Whether it’s teaching the guitar, woodworking, or maths, your students can come to you – either physically or virtually – so you won’t even have to worry about travel expenses. Whatever it is you are good at or have expertise in, there is likely a way it can be monetized, whether through providing useful advice and demonstrations through online webinars or through direct tutoring or training.
Stock image websites are always looking to purchase high quality images of pretty much everything. The pictures that are the most successful, however, are those that are relatively simple and can be easily published in a variety of settings. For those enthusiastic with the lens, building up a large portfolio allows budding photographers to sell their images to several image sites like Shutterstock and earn revenue each time one of their images is downloaded.
Open an Online Store
Whether it’s buying and reselling antique furniture for a tidy profit, or something a little smaller like crafting your own woodwork creations, the internet can allow you to have a virtual shopfront with none of the start-up costs. eBay is still one of the most used platforms, but Etsy is also becoming increasingly popular as a platform to sell. Remember: if the product looks appealing and the price is right, there is likely to be people who want to buy what you are selling.
Become an Online Assistant
Also called virtual assistants, online assistants are becoming more popular with businesses looking to outsource ad hoc tasks that include bookkeeping, data entry, answering phone calls, and record keeping. There are many job boards where work orders are posted, which allows stay-at-home dads to take on tasks on their own terms and around their schedules.
These are just a few of the many income ideas for the stay-at-home dad. Have you worked from home or started up a home-based business? Share your income earning ideas in a comment below.