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How Stay-At-Home-Parents Can Make Money

With our list of flexible side gigs

Over the past three decades, the share of stay-at-home-parents has fluctuated, but remained unchanged from 2016 to 2021 at 18%, according to a 2023 Pew Research Center study. They also reported that a greater share of dads stay at home than ever before — one in five stay-at-home-parents is a dad, up from 11% in 1989.

We can probably all agree that stay-at-home parents are invaluable, but Investopedia estimates that, if it were paid, that salary would be nearly $205,000 a year. That number factors in a 98-hour work week child-rearing and managing the household.

Unfortunately that’s all unpaid labor. There are ways for stay-at-home parents to make money, though. With flexible schedules and no commutes, our roundup of side gigs can help you bring in some extra money while caring for the kiddos.

Side Gigs for Stay-At-Home-Parents

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Some of the links in this post are from our sponsors. We provide you with accurate, reliable information. Learn more about how we make money and select our advertising partners. We’re letting you know because it’s what Honest Abe would do. After all, he is on our favorite coin.

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1. SMARTCREDIT DISCLAIMERS:

Calculation Methodology: Our average increase score calculations are estimates using historical internal data. It is based on analyzing the increased credit score points of our direct-to-consumer subscribers between Feb 2023-Feb-2024. Our calculation is subject to change without notice.

Calculation Methodology: Our savings estimates are derived from historical internal data, analyzing subscribers' credit reports for increased scores in two categories: new auto and new mortgage financings. Assumptions include precise credit score reporting, consistent correlations between score ranges and financing rates, uniform loan terms (except interest rates), steady interest rates over the loan term, and consistent borrowing behaviors. Note that our estimates rely on accurate credit reporting, average loan data, and current interest rates, but may not account for individual interest rate variations or significant shifts in borrowing and repayment habits. We assumed a conversion from VantageScore® v3.0 to FICO® v8.0, verified by an official FICO® v8.0 calculator. Our calculation is subject to change without notice.