When You Want to Stay at Home

stay at home mom Many moms, myself included, learned how to live a frugal lifestyle in order to be able to stay at home with their kids. If you are feeling the same way, but you don’t know where to begin, whether or not staying home could be a reality, or how to convince your spouse that it is possible, keep reading. I have real life advice and experiences.

It Costs Less Than You Think

For most people, having one parent give up an income to stay at home has less impact on your daily finances than you might think. This is because there are expenses associated with having two working parents that you can eliminate when one parent stays home. You might even find, depending on the income, that you barely break even with the second parent’s salary.

For example, you may be able to eliminate the following expenses: child care, work wardrobe, convenience food and lunches out, and commuting expenses (perhaps even the second car) right off of the bat. Make a list of amounts of all of those expenses and compare them against your take home income.

Saving is Earning

Next, if the at-home spouse is committed to being at home, she should make every effort to do things in the household that will earn money by saving money. For example, cooking from scratch, buying food in bulk and on sale, taking the time to use coupons, and covering the expenses that you might normally hire out, such as cleaning or minor repairs.

There are calculations for everything out there (many of them right here in the Frugal Living blog) to help you figure out how much you can save by doing everything from combining errands to hanging the laundry.

Working at Home

There are so many part time jobs out there that can be done at home for extra income. From mystery shopping, to child care to owning your own craft or Internet business, this is a great time of opportunity for parents who want to stay home and need a little extra money for their household.

Figure out what skills you have and what you like to do and then see how you can make that work while you stay at home. Just be wary of scams and make sure to check out the opportunities carefully before you say yes.

Related Articles:

Cheap Dinner Ideas: Tacos!

How to Use Coupons at a Warehouse Grocery Store

How to Save on Groceries without Coupons

How to Get a Freezer for Free

How to Increase Your Income at Home

This entry was posted in General by Mary Ann Romans. Bookmark the permalink.

About Mary Ann Romans

Mary Ann Romans is a freelance writer, online content manager, wife and mother of three children. She lives in Pennsylvania in the middle of the woods but close enough to Target and Home Depot. The author of many magazine, newspaper and online articles, Mary Ann enjoys writing about almost any subject. "Writing gives me the opportunity to both learn interesting information, and to interact with wonderful people." Mary Ann has written more than 5,000 blogs for Families.com since she started back in December 2006. Contact her at maromans AT verizon.net or visit her personal blog http://homeinawoods.wordpress.com