Any ideas on how I could become a stay at home mom???
Katrina - posted on 08/12/2010
well if that is something you really want to do then you are going to have to give up some things to live off of your new budget. maybe look for a job you can do from home that way you dont have to give up working completely and it will be a little easier on your husband. i work at a hospital and i work the graveyard shift. so when my kids are sleep i am at work and its like im not even gone. i am a stay at home mom with a job because my hours are 11p-7a. i nap when my kids nap and i sleep my be 2hrs or so before i have to go to work. it works for me and i am home with my kids everyday and night til they go to sleep.
Brook - posted on 08/10/2010
Thank all of you ladies! I appreciate every piece of advice. Now I feel like this is definitly a possibility. First I think I will rebudget and downsize majorly! Next see if I can swing working just part time and then see where that takes us.
Kristen - posted on 08/10/2010
We live on a very strict budget. No cable, rare dinners out, always wait till movies come to dvd, no brand names (except Huggies), and I sell things on eBay for extra cash every once in a while. I shop sales and buy in bulk. For huge expenses, such as Christmas, well I start shop as soon as I can, because it's much easier to spend a little here and there than a huge chunk at once. I spent 4 months preparing for my daughter's first birthday and she lacked nothing. I garage sale with my daughter every Saturday for clothes or household items because if you hit the right neighborhood, stuff it next to new! Cut coupons, make a when you go shopping and stick to it, trade services with friends so you don't have to pay for a babysitter if you need to run errands. Also you can google money saving tips, living frugal, internet coupons, check craigslist for things.It's a lot of work, but it's possible to stay home.
SooNie - posted on 08/10/2010
You say you budget well, budget even more! Live a very simple life, be frugal, be conscious every penny goes to, etc... Glad you have your intentions of wanting to stay home- it's the best for your child. You can do it! Maybe have a job that you can have at home-- computer work, medical transcriptionist, etc? Keep searching, and you'll find and attain your goal.
Carly - posted on 08/09/2010
I found we worried about this... Admitedly we did not have a lot of debt (home loan and car loan only) but I have been home 23 months and you make do. No designer clothes for mummy anymore, we dont eat out 3 times a week and your lifestyle also changes as babies dont really like being out late on weekends :o) so it is easier to not spend as much money. Saying that though my hubby is the main bread winner but we do have hard months, but doesnt everyone?
Hopefully you find a solution because being at home with my son Curtis has been the most fantastic experience and I was expecting to go back to work because I wanted too but guess what? I really dont want to
Griselda - posted on 08/09/2010
First thing is to down size as much as possible. Meaning get rid of things that are not necessary such as cable, possibly internet and one cell phone if both of you have one.
We went from living in a big house to living in a smaller one with one vehicle for a long time, no cell phone or memberships to anything for a long time. We also replaced all of our light bulbs to energy efficient ones to save $$$ and my husband got a second job. We both agreed that it was very important for me to raise our children even if that meant getting a second job for him. I must admit that it's hard at the beginning but doable. Now almost 3 years later we are doing just fine financially and I also found a 16 hour part-time job in the evenings.
Louise - posted on 08/09/2010
Have you considered working part time so that you can still contribute to the families finances and can also be a home more? If you have debts you are restricted to what you can do here. The only way to make money at home is to open a day care of your own and this is hard work and has a lot of rules that must be followed to be registered. Look at your budget and see if you could survive on half the wages if the answer is no then there is nothing you can do. it's a bloody shame when a mum wants to bring up there child and can't because of money. Also put a phone call into the welfare office to see if there is any fiancial assistance they can offer you should you decide to be a stay at home mum. Good luck
Erin - posted on 08/09/2010
Try just living off of his income and saving yours until you have enough of a cushion for you to quit and live off his income and your savings.
Do you follow a budget? There are a lot of free budget spreadsheets out there that you can use to see how much money you really need to make every month.
If you have a lot of debt now try doing a debt snowball to work on paying off your debt quicker.
Then decide what you can live without HBO? Dinner out? home phone line? Mani/pedis?
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