I desperately want to stay home with my son, especially now that I am pregnant again. I was just wondering how you stay at home moms manage to make ends meet. Do your husbands or SO's have really great jobs or are you secretly financial wizards? How do you manage? We both work full time and still have troubles at times. Tell me the secret. Thanks.Answer Question
Answer by ocsosomom at 1:38 PM on Sep. 1, 2009
My hubby doesn't have a "great" job but a good job and it's enough so I can be home our kids. We struggle but we make it. Wouldn't have it any other way.
Answer by Anonymous at 1:41 PM on Sep. 1, 2009
Answer by mommatomanyy at 1:43 PM on Sep. 1, 2009
Sure. I have created a series of work at home articles on eHow. They contain excellent resources, ideas and information. Also, I have a Blog about computer jobs sorted into those that pay via Paypal and those that pay utilizing other means. You can check them all out at my website:
Answer by m-avi at 1:45 PM on Sep. 1, 2009
Answer by wildflowers25 at 1:58 PM on Sep. 1, 2009
Answer by Anonymous at 2:04 PM on Sep. 1, 2009
Answer by Anonymous at 2:23 PM on Sep. 1, 2009
My husband works really hard for me to be able to stay home and then I do odd things like sale the scentsy candles, which helps give us income so that I am able to stay home. And then I am really big into having money saved up for every little bill that there is i like to have enough income saved so that just my husbands income can pay them for a year. http://www.scentsy.com/kblack
Answer by patchthatpays at 2:28 PM on Sep. 1, 2009
I'm incredibly frugal. It's not like we live a deprived life, we still ski all winter and vacation at Lake Powell in the summer, along with other fun activities. I just prioritize and spend money only where it is needed. Most people spend hundreds of dollars each month on things that provide little or no pleasure, or do little to increase their standard of living.
According to Andrew Tobias, a penny saved is equal to two pennies earned. Between state, federal and sales tax, your tax rate is probably close to 50%.
You may want to read Your Money or Your Life by Joe Dominguez or The Complete Tightwad Gazette by Amy Dacyczyn, along with Andrew Tobias's book The Only Investment Guide You Will Ever Need.
Answer by mancosmomma at 2:38 PM on Sep. 1, 2009
Answer by wheresthewayout at 2:45 PM on Sep. 1, 2009
Next question overall
My daughter's best friend's pregnant and wants to stay with us, what do I do?