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I guess it all depends on how much money you would like to earn.
If you're just looking to make a couple of hundred bucks a month, you might try setting up affiliate web sites. Amazon has a great affiliate program, and there are others like Commission Junction and Shareasale. You earn commissions from the sale of products advertised on your sites.
The key to making affiliate web sites work is to find profitable keywords. For example, I've set up websites for Melissa and Doug Puppets and Popular Video Games A good keyword tool, like Keyword Elite, can make the job a bit easier.
Building websites is easy with a tool like NVU - it's free and there are many good video tutorials about how to use it.
Really, your only investment is the cost of a domain name - typically about $10 - and your time researching a product niche. This makes an ideal way for the stay at home mom or dad to earn some money!
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