By now we know that the secret to wealth is no secret at all. Save more money. Period. Do this via spending less and making more.
Yes, actually, it’s very simple. But just because you don’t have to do calculus doesn’t mean it’s easy. There’s a limit to how much you can save by living a frugal life. However, there is no limit (or if there is, it’s quite a bit higher!) on the amount of money you can earn. The best way to start earning more money is to ask for a raise at work.
However, in today’s economy, that’s not always an option for everyone. So here are ten home-based businesses you can start for cheap. Note: these do not offer a get-rich-quick scenario. Not at all. But over time, if you work at it, you can make a decent side income working right out of your home!
10 Home-Based Businesses You Can Start for Cheap 1 of 11
Make Cloth Diapers 2 of 11
Cloth diapers are wonderful for the environment, but they are expensive. Solution? Make them yourself, and charge less than a premium price! Read this wonderful, in-depth article about how to get this kind of business started. If this idea appeals to you, use that article and get started today! The author has already done a great deal of research.
Image by sjs5769
Clean Houses 3 of 11
Cleaning houses is something that everyone needs to do, and many people hate. Why not ask a few of your friends if they'd like some assistance? Talk to your friends who are already outsourcing this, and figure out what they're paying. If you want, undercut your competition. But my guess is you won't have to resort to that if you're contacting friends, neighbors, and relatives. They'll happily support you versus someone they don't really know!
Image by Seemann
Walk Dogs 4 of 11
If you want to get some exercise, and you want to get paid for it, hire yourself out as a dog walker! People are working longer and longer hours, and, with commuting, can be gone nearly 12 hours a day. Exercise their pooch for them, and you'll make them feel happy, you'll get healthier, and you'll make money!
Image by Alvimann
Watch Children 5 of 11
Babysit! Or start an at-home daycare. If you're a stay-at-home parent (or you're considering that option!) this is a great way to supplement your income. Be sure to look into your state's laws to see how many children you can watch by yourself.
Image by interespacial
Write for Others 6 of 11
Do you like to write? You can find all kinds of freelance writing positions on the internet. Don't be afraid to ask blog owners or companies if they need new writers. The worst they can say is no, right? And depending on your niche and skill level, freelance writing can earn you a high hourly rate.
Image by doctor_bob
Start a Blog 7 of 11
Some bloggers make six figure incomes on their blogs. Yes, seriously! There are all kinds of ways to connect brands to your audience. But first, you need an audience. What are you passionate about? What kind of topic could you write about 3-4 times a week without fatigue?
Image by beanworks
Design Websites 8 of 11
Do you have an eye for design? How about fonts and color schemes? You can start designing websites without much startup cost (other than a computer). Get to know WordPress really well, and you can sell your services as someone who can design a website or a blog, and make something beautiful. Make sure you don't work for free, though. Sell your services after you design your own website.
Image by dhester
Sell Your Treats 9 of 11
Every year at Christmas, I make boxes and boxes and boxes of caramels for friends and family. Some people buy them to give as gifts themselves! Is there something you make better than anyone else? Look into getting a commercial kitchen and selling your goods at festivals, farmers markets, and craft shows.
Image via Frugal Portland
Meal Plan for Others 10 of 11
Do you meal plan for your family? If so, you know how much time and money you're saving. You also know just how easy it is to make a plan once a week, and then not even worry or think about what you're making for dinner every night. You can outsource this skill. Make a meal plan and a grocery list. Deliver it on Sundays. If you want to go the extra mile, go to the store for someone! Just be sure to charge accordingly.
Image by beglib
Help With Gifts 11 of 11
Do you always know just what to buy? Or maybe you're the best present-wrapper this side of the Rockies. Use those talents! I know that I would LOVE someone to help buy the perfect gift for my relatives. If you get your energy from holiday shopping, more power to you. Hire yourself out! Heck, you're going shopping anyway, might as well make your list a little longer. You'd be doing everyone a huge favor, and you can make enough money to cover some of your own shopping!
Image by anon