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Yahoo Finance Tips: From Stay-at-Home Mom to Mom-entrepreneur

Posted Apr 18 2012 7:00am

When I got pregnant with my son I was not given the option to stay home, I had to stay home.  Approximately four months into my pregnancy, I was put on restrictions and shortly thereafter, put on complete bed rest.  It was hard watching my husband spend twelve hours at work, only to come home and have to cook, clean and do everything else around the house.  Thus came the idea, hey, why not find a job working from home?  I did paid blogging opportunities like PPP and ReviewMe.  It brought in a little bit of additional income to help my family, but it also gave me something to focus my time and energy on.

It was not until recently, within the past year or so, that I learned about different avenues of making additional money while working from home.  Opportunities that would not necessarily make you a fortune, but would allow any stay-at-home mom or mom-entrepreneur to stay home and bring in additional income.  Below are a few tips from Farnoosh Torabi, personal finance expert and host of Financially Fit on Yahoo! Finance.

  • Good at scheduling and organizing? Look for work-from-home administrative jobs through sites like Elance, Odesk, Guru and Freelancer.  Hiring in this sector grew 120% in 2011.
  • Strong knowledge of a particular subject matter? At tutor.com qualified tutors work with students via video conferencing and online chats, earning an average $10 to $14 per hour.
  • Love pets and have room in your house or backyard? Pet sitting and pet boarding, that can bring in an average $20 per pet, per day. Parents can even involve their kids with this stay-at-home business.
  • Own an up-to-date computer and a landline phone? Start your own home-based call center or transcription service.  Many companies hire at-home customer service reps, such as Hilton Hotels and 1-800-Flowers.
  • Think locally. Taskrabbit.com is an online service that connects busy professionals with local “rabbits” who offer help in all kinds of ways from running errands to organizing to data entry.

 

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