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Thread: can some one help??
09-13-2007, 10:58 AM #1cmboyd_1999Guest
can some one help??
HI Everyone! Some one else may have already anwsered this question but
I'm gunna ask anyway....
I work full time right now doing clerical work and I am expecting mine
and my husband's first child in December... I have always wanted to be
a stay at home mom - not that I think there is something wrong with
working full time but because I want to be home when my child is. At
the moment it is not possible for me to quit work altogether because of
finances. I need to make some where around 280-300 a week for us to
make ends meet and was hoping there were some stay at home mom's (or
former ones) that had some advice on how they did it. I have no
problems working part time but there are few- if any- oppertunities in
our town that would pay enough to do that. Any suggestions would be
09-13-2007, 08:02 PM #2herberkids3Guest
can some one help??
If you want to be a SAHM, you'll need to cut out all unneccessary
expenses to make it work. Doing clerical work, is it possible to
maybe work from home?
If not, in order to be able to "plan" to go home as a SAHM, you'll
need to really cut back expenses to the bare bones, and save the
extra up in a savings account. It's going to be easier for you to do
that NOW with no children, than once the baby is born.
Sit down with your husband, and make a budget plan. List exact bill
amounts from the past few months. Sort them into NEEDS and WANTS- a
need being something you can't live without (shelter, heat,
electricity, food), and things you can live without (cable TV, cell
phones, entertainment accounts like netflix, etc). The ones that
don't fit into either category are the things like student loans,
car loans, home equity loans, etc.
Those ones should be hit the hardest. If you have a car loan that's
less than the worth of the car, sell the car, pay it off, and use
the left over money to buy a cheap used car in full. Not only will
insurance be cheaper, but you'll have eliminated 1 bill. Which ever
car is in the best shape, that one drives the husband back and forth
to work, and the other stays home with you and the baby.
Next, look at the WANTS pile of bills. For starters, eliminate any
wants you can live comfortably without. You don't need cable TV, or
anything to do with entertainment. For cell phones, it's trickier.
If you are locked into a contract, and you can't get out of it
cheaply, then keep the cell, but lower the coverage on it. Don't use
it during peak hours unless absolutely needed. Use it for
free "night time/weekend" calls only so you don't go over the
minutes. Don't use it to text message. If you also have a home
phone, shut that off all together. With a cell phone, you don't need
a home phone as well. Hopefully, this will eliminate 2-3 bills for
Your lifestyle makes a drastic change with the birth of a child to
begin with, let alone trying to make it work while not working.
One "perk" (I use that term loosely, because I don't encourage
abusing a system) would be that without a job, you may qualify for
more assistance like WIC (which will cover food for you or formula
for the baby, as well sa some basic food once the baby is 1), food
stamps, etc. I don't recommend going that route just so you can stay
home, though, because there ARE many people out there who need it
because they can't find work.
Cut back on grocery bills by limiting what you eat to sale items, or
generic brands, and LOTS of fresh things that are in season. In
season fruits & veggies are much cheaper than buying them out of
season. You can tell the seasons by the price. If apples are
normally $1.59 a pound, and suddenly drop to $.79 a pound, it's
because they are in season.
No eating out- this means for lunch, OR dinner. Limit it to a once a
month "date" night if you really want it, and even then, go dirt
No renting movies or going out for a while. Save the money. If
either of you smokes, try to cut back (not only is it healthier for
you two AND the baby, it's CHEAPER!!!), and eventually, quit. If
there are smokers, and for instance, you normally go through 5 packs
a week, cut back to 4, and stuff the extra $5 in a jar the first
week. The next week, cut back to 3, and stuff the extra $10 in a
jar. Try to slowly wean off the cigarettes if possible, and keep
stashing the savings.
Limit how much you drive- the cost of gas is high, and the savings
of running all the errends at once can really help.
If you and your husband work near one another, and share the same
shifts, car-pool. Drive one vehicle, drop off the first person, go
to work. That means the first person arrives a bit early, and leaves
a bit late, but much cheaper than the gas it takes to drive 2
vehicles in the same direction.
Any and ALL extra money saved between now and when the baby is born
needs to be stashed away. That money will be needed. If you have to
go back to work, but were able to make it each month with less
money, then try to cut back to part time, and find family who would
be willing to babysit for free or cheaper than day care would cost
Continue the frugal ways once the baby is born. After a while, it
becomes habit. Sure, it sucks. I won't lie- I hated not having
cable, or going to McDonalds, or to the mall to get a new shirt, etc.
We started out dirt poor, and it went up from there. For us, it was
always cheaper to have me home than it was to have me working and
have the kids in day care. My husband worked erratic hours, so
finding a job around his hours wasn't possible, either.
Basically, what you need to do from now until the baby is born, is
ask yourself, "Do I really need this? Can I really afford to spend
$10 right now?" If you are really frugal, and can save up the
equivalent of 1 month's pay, then you can afford to cut back to half
time and stay home more with the baby. If you can save up enough to
pay for all the bills on 1 paycheck, and still have that savings set
aside, then you can easily not work.
If not, then you'll just have to do the best you can. FInanchially
speaking, not every one CAN be a stay at home mom, and it's hard to
do- not even speaking from the money you lack doing it that way, but
the evironment can get to you after a while,t oo.
In the summer when the kids are all home all day, I go nuts rather
fast. I've been told I have amazing paitence. Personally, I always
feel like I'm ready to blow my lid when the kids start fighting. I
guess I just don't show that part off much. And the lack of adult
interaction can be a bit of a downer too, if you are alreday feeling
a bit down.
It's great to be a SAHM. But, you need to financhially be able to do
it first, so first things first, tighten the belts until you think
you can't breath. Every penny you save is a penny towards being home
with your baby.
--- In Budget101_@yahoogroups.com, "cmboyd_1999" <cmboyd_1999@...>
> HI Everyone! Some one else may have already anwsered this question
> I'm gunna ask anyway....
> I work full time right now doing clerical work and I am expecting
> and my husband's first child in December... I have always wanted
> a stay at home mom - not that I think there is something wrong
> working full time but because I want to be home when my child is.
> the moment it is not possible for me to quit work altogether
> finances. I need to make some where around 280-300 a week for us
> make ends meet and was hoping there were some stay at home mom's
> former ones) that had some advice on how they did it. I have no
> problems working part time but there are few- if any-
> our town that would pay enough to do that. Any suggestions would
09-14-2007, 12:54 PM #3angela leeGuest
can some one help??
If you add everything it cost for you to work (makeup, clothes, shoes, gas, lunches, drinks) you want need that much. You could try and keep a couple of kids. Angela A stay at home my for 18 months now! I LOVE IT!!
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