How to Make Money As a Stay At Home Mom In Canada

Are you a stay at home mom in Canada looking for ways to make extra money on the side from the comfort of your home?

Well here is how to make money as a stay at home mom in Canada.

Making money is an art you have to learn one way or another.

We take studies and engage in doing activities that can earn us a buck.

However, you may be limited with options if you are staying at home.

Stay home moms are the pillars of each household everywhere around the world.

They take care of the kids and the general welfare of the home.

This does not mean that they do not want money. Previously, it was hard for you to get work online.

With the increase in online presence of businesses, it is close to impossible for you not to find work online.

This article will enlighten you on how you can make money as a stay at home mom based in Canada.

You will find some interesting tips that can help you earn a buck in the comfort of your own home. These tips can also prove useful to you if you just want to know how you can make money with some free time on your hands.


Can you make money online as a stay at home mom in Canada?

Yes. You can make money as a stay at home mom in Canada. It does not need some specific skill set. However, throughout the article, we will explore some gigs that require you to have a certain skill set for you to make money.


How many options do you have to make money at home in Canada?

There are various ways you can make money working at home in Canada. I can categorize them into three specific ways.

You can make money online as a freelancer, become an online entrepreneur with the Amazon FBA program and financial markets trader.


1. Freelancing

This kind of work involves you selling your services or skills to buyers that need them.

Most freelancing jobs can be found on freelancer sites for example Fiverr, Freelancer, Flexjobs, Survey junkie and numerous other sites.

You can also find these jobs on social media platforms. However, there is a high likelihood for you not to be paid since you have no assurances when you take them on.

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So, if you are to become a freelancer, you can sign up with freelancing sites like those mentioned above.

You can also check out these 4 Common Mistakes to Avoid When Starting a Work-from-Home Business.


How does freelancing work?

Basically, you will find people online that have tasks to be completed for a fee.

What freelancers do is to take on these tasks and demand payment when they are done with what they have to do.

These tasks include copywriting, editing, designing, taking surveys, designing programs, programming, writing essays, advertising, social media advertising and many others.

You can become a freelancer at any time.

If you have an innate skill, you have a starting point. At times, you just have to know how to write, design and answer a few questions.

For example, there are sites that let you participate in taking surveys. An example is Survey Junkie.

On survey junkie, you are paid to take surveys on a variety of things.

You can see our review of Survey Junkie here.

The whole point of freelancing is not to be tied down to an office.

You can do this work so long as you have a steady internet connection.

With freelancing, you can take on tasks that fit your schedule as a stay at home mom.

If you have a lot of time on your hands, gigs interlaced with writing can be rewarding.

The good thing is the more work you complete for buyers, you get more experienced and opportunities are much better priced and exposure helps you reach multiple clients at a time.


Examples of gigs you can do when freelancing with the sites I’ve mentioned above.

Below are some of the gigs that you can take on even without having a specific skillset;

  • Copywriting
  • Online surveys
  • Designing certificates
  • Content creation
  • Video editing
  • Voice over acting
  • Designing Spotify banners
  • Case study research
  • Social media manager
  • Proofreading
  • Software testing
  • Editing
  • Travel planning.
  • Web research
  • Affiliate marketing


Pros of freelancing

1. Start-up capital is small.

With most freelancing gigs, your initial investment is usually a laptop or computer you can use to complete your work.

If you factor in all the expenses you might have to incur, the overall startup cost for freelancing gigs is very small compared to other forms of making money on the internet.


2. Costs to maintain the job are small.

Even when you start working, there are no additional costs that you might have to pay to get jobs.

Most sites charge fees on the amount of money you make and that’s it.

At times, you might have to pay other people to do your work for you if the tasks are overwhelming.


3. Flexibility.

With freelancing gigs, there is always a time limit to how long you are required to deliver on the tasks given to you.

Some projects usually take a longer time to complete which enables you to take on smaller gigs as you complete them.

In addition, you are not tied down to a specific job category with freelancing. If you feel like you need to change careers, all you have to do is to setup an account with the details of the job you would like to have.


4. You earn reasonable money for your time.

When you go online, you can come across freelancers that earn almost $5000 per month doing writing gigs.

As a starter, you might be earning around $5-$30 per gig depending on your line of work.


5. Does not require a specific skillset.

Most of the gigs you find on freelancing sites need you to have a basic understanding of English and some artistic flavor in your creativity.

This is a pretty low bar and it can be reached by most people.

At least you should have one of the two. This means that you do not need to have a degree or certificate in writing to get a freelance writing job.


6. You can find work that you love to do.

It is important to take on jobs that you love. Freelancing has a lot of job categories and this may help you find your dream job.


7. Large customer base.

There is an increase in the number of buyers for freelancing services.

Therefore, you should know that there are almost 3 million buyers for freelancing services per month.

You can get into the market and earn some money for yourself.


Cons of freelancing

1. It may not be as flexible as you want it.

At times, buyers can be overbearing. Freelancers have to deal with buyers that expect you to be available 24/7 because of the notion that they are paying you.

At times, you will lose out on jobs because of this. The best thing to do is to interact with freelancers that have dealt with that particular client before you take on the job.


2. Issues regarding payment of funds.

When you do not take freelancing jobs from trusted people, you might end up working for free.

This can be a challenge towards making money as a freelancer.

The remedy is for you to get your jobs from trusted freelancing sites like Fiverr and


3. Jobs are highly competitive.

There has been an increase in the number of freelancers since the beginning of the pandemic.

This means that you have to stand out from thousands of sellers so that you can compete favorably in the market.


4. Workload can become overwhelming.

Due to the need to maximize your earnings, you might take on more work than you can handle.

This could lead to poor reviews from dissatisfied customers.

This is the best way to make money online from home. The start-up costs are insignificant compared to the amount of money you earn.

You just have to make sure you register with freelancing sites.

That way, you will not have issues with unpaying clients since the freelancing sites vet the clients themselves.

You can also see how to bounce back from Burnout by Working from Home as a Transcriptionist.


2. Online Entrepreneurship.

Entrepreneurship involves assuming risk for a venture created to make money for an entrepreneur.

You have to create a product or service you can sell to customers for a certain fee.

With the pandemic, a lot of innovations have been focused on the digital side of the world.

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This makes online entrepreneurship the way to go.

You have the flexibility to create something that has not been made yet.

However, that may waste a lot of your resources with no immediate return on investment.

The most common form of entrepreneurship at the moment is Amazon FBA.

But there are numerous ventures out there that you can get involved in and make a decent amount of money.

Real Estate, for instance is a very rewarding entrepreneurial venture that you can take up even as a stay at home mom and make some extra cash on the side.


Amazon FBA

This is the most common ecommerce opportunity online. Amazon FBA is a fulfillment program designed by Amazon where the sellers can setup an ecommerce store with order fulfillment taken on by amazon.


How does Amazon FBA work?

For you to join the Amazon FBA program, you have to create an account with Amazon.

You are given a few steps to follow for you to become a member of the program.

After you create an account with Amazon FBA program, you have to create a store that sells products on the Amazon platform.

Keep in mind that you have to select the products on your own and design your store to attract customers.

With the program, all you have to worry about is how to sell your products.

Amazon stores your inventory for you, handles and fulfills all your orders.

Basically, you use the extensive network of Amazon shippers, suppliers and stores to your own advantage.

When a customer orders for a product from your store, Amazon packages the product and delivers it to your customer.

The fees for the program depend on the package that you want. If you are selling as an individual, say books, you are charged $0.99 per sale made.

This was designed for people that cannot generate more than 40 sales a month.

If you make more than 40 sales per month, you have to pay for the professional plan that costs $39.99 per month.


Pros of Entrepreneurship

1. You earn a lot of money.

If you are successful, entrepreneurship can make you abnormal returns on your investment.

A lot of entrepreneurs have sold their businesses for millions of dollars.

You can also generate income from profits made in your day to day trades.


2. Room for creativity.

Entrepreneurship gives you the chance to create something of your own choosing.


3. Perks of being self-employed.


4. You can cash in on your business if it is successful.


Cons of Entrepreneurship

1. Requires some education.

You have to first get some kind of training for you to have a chance at entrepreneurship. It does not have to be formal.

At the very least, you have to find a mentor. Sadly, all mentors including YouTube influencers, Amazon FBA specialists and others require you to pay a certain fee for their help.


2. Costly at the start.

You should have some huge start-up capital to take you through the first few months of setting up your business.

This is because it may take some time for you to earn some money.


3. Does not work out for everyone.

You will come across a lot of entrepreneurs that did not make it even with the best ideas and training


3. Financial Markets Trader.

A financial markets trader is involved in executing trades on assets held in the financial markets.

The good thing about trading is that you get access to numerous investments that are highly liquid.


Examples of investment

  • Stocks. This is the most common type of investment. They are a portion of a company’s total market share by an individual.
  • Index funds. They are a collection of stocks or bonds bundled up to mimic the composition and performance of a financial market index.
  • Mutual funds. This is a pool of investors’ money that is invested collectively in a number of investments.
  • Exchange traded funds (ETFs). These are collections of investments that track a certain market index.


Pros of Financial Markets Trading

1. Potential to grow your net worth.

The richest investors in the world advocate for long term investment in order for you to get value investment.

This is how Warren Buffet has been able to make money over the course of his life.


2. You earn money.

Speculative investments make the most money for day to day traders.

If you are looking for regular returns, this is the way to go. The best example is the forex exchange market.

Since most of the trades last for just a day, you have the chance to earn a return on the amount of money invested.


3. You can start with small amounts of money.

Modern trading ventures like exchange traded funds (ETFs) and index funds enable you to get a portion of your favourite stocks at a low cost.

For example, starting prices of index funds can be around $10.

At the end of the year, you have a valuable portfolio that you can choose to hold or sell for cash.


4. Multiple streams of income.

With investing, you can earn passive income and dividend income.

You can earn a reasonable amount of income trading stocks in the form of capital gains.

Dividend income is paid out to investors that hold stocks that pay out dividends.


Cons of financial markets trading.

1. You can lose a lot of money.

There is an adage that says that the market is not your friend.

There are no assurances on whether you can make money in the market especially in day to day trading.

Investing in the financial markets is a risky venture.


2. High start-up costs.

Investments like mutual funds and bitcoin management funds require a lot of start capital that you may not have at the time.

For example, mutual funds require you to have at least $100,000 for you to become an investor with them.

Bitcoin management funds need you to have at least $10,000 worth of Bitcoin for them to manage your coins for you.


3. Large maintenance fees.


4. Most financial assets are traded over the counter.

This means that you have to pay brokers to physically make trades for you.

Most trading platforms charge you fees per transaction.

You also have to pay fee at regular intervals for maintaining your portfolio.

You may end up losing more money than you are making.


5. Requires some training and education.

For you to get started with financial markets, you have to first take your time to learn the fundamentals of financial trading.

This kind of training is usually found at colleges.

However, you can learn from the literature written by seasoned professionals like Warren Buffett, Charlie Munger and Peter Lynch.

For you to make money in the financial markets, you must have a lot of start-up capital.

The less risky strategy is picking out undervalued stocks and buying them up so you can make money in the long run.

If you do not have a lot of money, you can always choose to increase your portfolio value by executing forex exchange trades. You can also trade options.



When deciding what you should do to make money, you have to consider the time you have on your plate.

In the case of stay home moms, you might have to hire house help if you take on something like active trading.

Most of the options you have read about have the potential to make you some extra money.

It is important that you get some education regarding trading, ecommerce and some aspects of freelancing.

With regards to Freelancing, there is no limit to what you can do.

The room of opportunity is large compared to trading and online entrepreneurship.


Conclusion: How to Make Money as a Stay At Home Mom in Canada

I think that freelancing is the best option for immediate and regular returns.

It is too not risky especially if you sign up with a freelancing platform.

Writing and social media management are the easiest gigs to do.

They do not require a lot of time and you can earn some money.

If they do not work out for you, you can always try out affiliate marketing and getting into YouTube influencing.