Being a Stay-At-Home Mom - How to Manage Financially

I discovered that there were jobs where I could• I made Christmas gifts, birthday gifts, Christmas
take my children with me; I could have a smallornaments and Halloween costumes.
in-home business to work around my parenting• I sewed and did my own home decorations,
timetable and/or I could save on costs in order torecovering our sofa and chair, making curtains,
have more useable income. Over the time my fivedrapes, bedspreads and decorative pillows.
children were pre-schoolers, I employed all of these• I used coupons and watched for specials and
methods. It also helped considerably that my husbandsales.
worked steadily and made decent money.• Baking was done from 'scratch'.
I began by considering the talents I had but especially• Vacations were simple family camping trips and
what could be worked around my children'soccasionally included a special trip such as Disneyland.
schedules, their ages and even their individual• Swapping outgrown children's clothes with
personalities. I realized there were several things Ifriends.
could do to earn extra money and which didn't• Taking turns babysitting.
disrupt time with my children.• Serving basic wholesome food rather than more
• Doing housecleaning and laundry for seniors whileexpensive gourmet foods or fancy sugary
taking my children with me. (This worked when I hadconcoctions like some of the cereals offered.
only one and two children. Thankfully, they were well• Purchasing from the day-old bins. In this way
behaved and by taking toys for them to play with,food costs were reduced considerably.
and letting them 'help', the situation worked quite well.• Reused and recycled.
It did not work as well when I had three children.)• We made up games and friends and family were
• Daycare, looking after two, and sometimesa large part of our social life.
three, extra children. (This worked well until my fifthThere are many ways to be financially creative.
child came along.)Saving and being economical became something our
• A small in-home business begun when my fifthwhole family participated in especially as the children
child was about one year old. (Here I went back togrew old enough to understand the value of money.
considering my talents) I had earlier purchased a smallChildren don't need to have the latest toys
kiln and used it as a hobby. After taking someadvertised on T.V. and they can be taught to be
courses, I began to give instruction in ceramics aftercreative in their play. I found that probably one of
my children had been tucked into bed. I was able tothe most important things when trying to save is not
have classes three evenings a week and eventuallybeing tempted into spending money on something
expanded the classes to 36 students a week, untilthat wasn't absolutely necessary.
my fifth child began school.Many people emphatically declare that it takes two
To contribute also to the amount earned, I cut costspeople to work nowadays in order to raise a family. I
where I could and saved in areas where I could dodisagree that this is an absolute necessity. In my
things myself:opinion, it depends how badly you want to raise your
• I made many of the children's clothes when theyown children versus having nice furniture, a new
were small as well as many of my own. I was alsohouse to show off, new cars in the driveway, trendy
happy with hand-me-downs and shopped at discountclothes and everything else that goes along with this
outlets.lifestyle. (There are many single moms, and dads,
• I cut the children's hair myself, as well as myraising children alone on one income so the argument
own. True, I was not a fashion leader but that wasn'tof 'it takes the income of two parents working to
what my aim was at that time.raise a family' is not particularly valid.