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Money Making Mama: Why and How to Generate Multiple Sources of Income, Even as a Busy Mom

by | Aug 14, 2023 | Divorce and Life After, Life in General

I remember as a SAHM and homemaker, I was unstoppable. Taking care of my family and making our home a haven was my jam. From making yummy baby food from scratch to organized homeschooling to epic birthday parties and field trips – I reveled in it all. Not to mention, whipping up gourmet dinners and sometimes even wearing an apron. I’ll confess, I might be a bit out of the norm, but organizing and cleaning our home felt like therapeutic self-care. I basked in the positive energy it brought to my family too.

However, no matter how much I contributed to the family household, there was still a little voice in the back of my mind telling me if I wasn’t making money, then I wasn’t providing enough. 

I wholeheartedly believe that stay-at-home moms (or dads!) make a significant contribution to the family, and I won’t back down from that stance. Even high-powered executive mothers who’ve tried being full-time parents admit it wasn’t a walk in the park. Personally, I’m proud of the countless hours I’ve spent as a stay-at-home parent. But still, that little nagging voice at the back of my mind would occasionally whisper: “if you’re not earning money, you’re not doing enough.”

Being a stay-at-home mom is a full-time job. It is a job that is often underappreciated, undervalued, and overlooked. It is challenging to juggle the responsibilities of motherhood while maintaining a household and keeping up with daily chores. Adding another job into the mix may seem impossible, but it doesn’t have to be. In this post, we will discuss why and how to generate multiple sources of income, even as a busy mama.

So all you moms (and dads), if you’re content with not contributing financially to your family,  (or don’t need to) that’s totally cool. However, if you crave the challenge of trying something new outside of parenting and household duties, I have some ideas on balancing work and mommy life in my latest eBook: Money Making Mama.

In this blog post, let’s explore how you can add some extra cash and personal fulfillment to your daily routine.

First, let’s talk mindset.

Growing up, I believed that taking on more than one job meant I was in financial trouble. But times have changed. Nowadays, people are successfully managing multiple streams of income and actually working less, all while earning six-figure salaries. It’s time to realize that having multiple “side hustles” can lead to financial freedom and a more fulfilling lifestyle. Let’s take control of our financial future and explore all the possibilities.

I have fallen in love with having multiple forms of income. One, it gives me the freedom to do what I love and not resent my career because I need it to put food on the table. Two, it allows me to nurture other forms of creativity such as writing eBooks or upcycling and repurposing furniture without the need to sell or hustle my ass off because the mortgage is due. 

Are you ready to unlock the secret to financial success? Listen up, because here it is: having more than one source of income is the way to go. Don’t believe me? Just look at all the smart, savvy people out there who swear by it. And the best part? There’s no shame in this game. In fact, everyone should be jealous of the freedom, flexibility, and security that come with this badass lifestyle.

Security?

Let’s face it, working for someone else means we’re always dependent on them. No matter how much we enjoy our jobs or love our company, we’re still at their mercy. A sudden loss of job can throw us into a tailspin of stress and anxiety. We might even have to settle for a job we don’t enjoy because we need the paycheck. Honestly, who wants to live like that?

I am by no means saying you have to quit your job or start a full-time business, especially if you are good at what you do and the pay is to your standards. Here’s where a side hustle comes in. 

Having an extra income stream buys us time to find another job we love. We don’t have to rush into settling for just any job to make ends meet. So, let’s take control of our lives and start hustling on the side. It’s time to invest in our own futures and make our dreams a reality.

Ready to dive into new adventure and earn some money? My Money Making Mama eBook can help. Download here.

 

Why is it important to have multiple sources of income?

Having multiple sources of income can bring more financial security to your household. It can help diversify your income and provide a cushion for unexpected expenses, such as car repairs or medical bills. It can also help you save for your family’s future, such as a college education or a down payment on a house. Generating multiple sources of income can also give you a greater sense of control over your finances and increase your flexibility to pursue your passions and goals.

 

How can you generate multiple sources of income?

There are many ways to generate multiple sources of income, even as a busy mama. You can start by creating a side hustle, such as selling handmade crafts or offering services such as dog walking or pet-sitting. You can also look into freelance work, such as writing or graphic design. Another option is to generate passive income, such as from rental properties, investing in the stock market, or creating an online course. 

And here’s one thing to always remember: passive income isn’t a shortcut. It takes a lot of hard work and investment upfront before you start seeing the rewards. So, don’t expect it to be quick or easy. But if you’re willing to put in the dedication, the payoff can be substantial. You got this!

 

How can you balance multiple sources of income with motherhood?

Balancing multiple sources of income with motherhood may seem overwhelming, but it is possible with some planning and prioritizing. Setting specific work hours and boundaries with clients can help you maintain a healthy work-life balance. It is also essential to have a support system in place, such as a partner, family member, or friend who can help with childcare when needed.

 

How can generating multiple sources of income benefit your family?

Generating multiple sources of income can benefit your family in many ways. It can provide financial stability and flexibility, alleviating stress and creating a more relaxed home environment. It can also teach your children important lessons about entrepreneurship, managing finances, and pursuing their passions. It can even lead to new opportunities and experiences for your family, such as traveling or starting a business together.

 

Conclusion:

Being a stay-at-home or a working mama doesn’t mean you have to rely solely on your single income. Generating multiple sources of income can bring more financial stability and flexibility to your household, but it does require some planning, prioritizing, and balancing. With the right mindset and support system, you can create a successful and fulfilling career while still being the best mama possible. Start exploring your options today.

To better help you get started, I’ve created my Money Making Mama eBook which dives deeper into the details of the side hustle suggestions.

Knowing that you have multiple sources of income means more security for your family, less stress, and the confidence to become an even better version of yourself. Take life by storm and download my Money Making Mama eBook today! You’ll thank yourself later.

With the right attitude, determination, and creativity, any stay-at-home or working mom can generate additional streams of income. Remember that many income-generating ideas take time to set up, but it will be worth it. Doing something like starting a blog or selling physical items can start out at a slow pace but quickly become successful if the right precautions are taken. Investing your spare time in freelance gigs and online surveys can add to significant income over time. Utilize your skills and the products that you offer to increase your earnings even further. Then make sure to spend each earned penny carefully to avoid altering your budget too much.

Download my Money Making Mama eBook which dives deeper into side hustle suggestions so that you can create a steady stream of income for yourself and your family today.

 

Hello!

I am Jen,

As a dedicated life coach specializing in co-parenting, divorce, and single motherhood, I bring a unique blend of professional expertise and personal experience to my coaching practice. I am deeply committed to helping women not only survive divorce but also thrive as they transition into their roles as single mothers. I provide tailored coaching to assist my clients in developing effective co-parenting strategies, fostering healthy communication, and creating nurturing environments for their children.

I am also the author of the best-selling book “I am Amazing: From Invisible to Invincible”. My self-help memoir offers hope and inspiration for anyone who has felt overwhelmed by life and their struggles with mental health. With raw honesty and vulnerability, I provide an intimate look at my journey from victim to victorious.

 

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