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5 Simple Income Avenues For Housewives

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5 Simple Income Avenues For Housewives
February 20, 2024

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In a world where skills are considered more valuable than certifications, it has become easier than ever for housewives to make their own money. Being a housewife isn’t easy, as being the manager of the household is a full-time job in itself. However, staying at home doesn’t mean that you have to depend on your spouse financially. Thus, with a plethora of income streams available, you can now utilise your spare time constructively and become all the more self-sufficient.

Here, we bring you 5 easy and simple ways to start making money right away with minimal to no investment at all:

  1. Sell Homemade Products

    You can make homemade products like scented candles, tote bags, use old glass bottles to make beautiful lamps, tea coasters, printed T-shirts and woollen sweaters, handmade pickles and papads, etc., and sell them online through various eCommerce platforms like Etsy and Amazon and make a decent sum of money. In the future, once your business starts growing, you can create your own website and sell your products through it and earn advertising revenue as well.

  2. Become A Home Tutor

    Online tutoring is one of the best ways to earn money. If you share a good equation with children and love to teach, then home tutoring might be a great choice for you. Additionally, you could also provide online consultancy services. For example, if you are skilled at building resumes, you may help students and working professionals find their dream jobs while earning a fair income by offering your consulting services.

  3. Start A Catering Service

    Students and working employees who have left their homes to build their careers realise the worth of delicious home cooked meals. So, if you’re great at cooking and would love to monetise your skills, then providing catering services would be the perfect choice for you. Beginning with small orders for home-cooked tiffin, progressively step up your game by offering catering for events and festivities. With an increase in the number of fitness enthusiasts, starting a home-based business selling nutritious food is a fantastic idea. You can invest the money from this business systematically in a savings plan such as the HDFC Life Sanchay Plus and enjoy guaranteed income for a fixed term of 10, 12, 25, 30 years or lifelong.

  4. Be A Virtual Assistant

    One of the easiest, yet smart ways to make money from the comfort of your homes is to be a virtual assistant. A virtual assistant is typically a person who offers remote administrative services to clients overseas while working only for 3-4 hours per day. Your tasks would mainly include making phone calls, scheduling appointments, making travel arrangements, and many other simple tasks that do not require any specialised skill sets or knowledge, just a laptop with a good internet connection.

  5. Start A YouTube Channel

    If you’re passionate about sharing your favorite recipes, are skilled at gardening, want to share your artsy DIY crafts, you can simply start your YouTube channel and share all your learnings and knowledge with the world. You don’t have to worry about having a fancy tech set up with huge cameras, lights, or microphones to get started. You can simply start recording short videos with your smartphone’s camera and get started!

Conclusion

So, without compromising family time, you can take charge of your finances and independence. To start a profitable small business on your own, all you need is the requisite talent and dedication. These jobs are simpler than they seem, and all you need is a little free time to take advantage of them and make some money from the comfort of your home.

Frequently Asked Questions

What is the best way to earn money for a housewife?

Housewives, also known as homemakers, can become financially independent by earning money in many ways. Some of the best ways to earn money as a housewife, include sale of homemade products such as food, candles, decor items, etc, or take up side gigs like blogging, translator jobs, videography, school tuitions, give fitness classes (like zumba,yoga), etc.

Can a housewife have income?

Surely housewives can have an income of their own in multiple ways. Housewives can take their first step towards financial independence through business ideas or by taking up part time jobs that enable them to strike a balance between family and career.

Which business is best for a housewife?

Housewives can take up any business idea that they are confident about, such as selling homemade products like bakery, door mats, scented candles, etc. Housewives can also take up the business of yoga classes, salon/beauty parlour, artificial jewellery, etc. The ultimate decision for a housewife depends on their skill set and the money and capital they can invest into the business.

Can a housewife invest in SIP?

Yes. Housewives can invest in SIP by contributing a part of their income to this mode of mutual fund investment. As mutual fund SIPs can be started at as low as Rs 100-500 per month, housewives can invest whatever small or big amount they wish to grow into with the help of SIP.

What is the monthly income of a housewife?

The income of housewives would depend on their source of income, whether it is a part-time job like tutor, translator, content writer, etc. or a side gig through businesses like bakery, yoga classes, decor items, etc. As a homemaker, your income can be big or small depending on various factors, such as your salary. If you are doing a job or doing a business of your own, then your income would depend on the revenue you earn from your sales

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Francis Rodrigues Francis Rodrigues

Francis Rodrigues has a decade long experience in the insurance sector, and as SVP, E-Commerce and Digital Marketing, HDFC Life, manages the online sales channel, as well as digital and performance marketing. He has had hands-on experience in setting up sales channels and functional teams from scratch over a career spanning 2 decades.

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Vishal Subharwal Vishal Subharwal

Vishal Subharwal heads the Strategy, Marketing, E-Commerce, Digital Business & Sustainability initiatives at HDFC Life. He is responsible for crafting and ensuring successful implementation of the overall organisation strategy.

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HDFC Life Sanchay Plus (UIN:101N134V22) is a non-participating, non-linked savings insurance plan. Life Insurance Coverage is available in this product. For more details on risk factors, associated terms and conditions and exclusions, please read sales brochure carefully before concluding a sale.

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