Recently I got a comment asking for some tips/ideas for how you can be a stay at home Mom and "make it work" financially.
I know its not the situation for everyone, but for us, its hard work, lots of creativity, and sticking to a budget (and the truth is, sometimes we are better at it than other times).
This article had some great ideas for saving money and trimming your budget. I will say this...I don't advocate every idea they suggest, but, if it works for your family, go for it. (I'm all for trying the no buying clothes for a year challenge and 2011 is right around the corner. Anyone else in on that with me?)
Losing my income was tough, but it wasn't impossible. And in so many ways I realized how much we used my salary for all the frivolous extras that we didn't really need in the first place. If you are still working and thinking about starting a family, I only have three suggestions:
1-try and live off of one income now. (if you can). its good practice and it can't hurt.
2-save save save.
3-pay off debt. aggressively. if you dont have any, thank Jesus and save more.
There are a few things that we still enjoy that we haven't changed:
-my iPhone, it serves too many purposes and I feel like its worth every dollar.
-date nights. every Monday night without fail, Seth and I go out. we have managed to use gift cards, finding deals from time to time on restaurant.com, and also finding local restaurant deals (major plug for Mama Lucia's who do pasta night on our date night)
I don't coupon for groceries. We eat organic/local food. I still love expensive things and I'm a huge shopper, but it can be done. At the end of the day, I am cheap and I love a challenge.
Other stay at home Moms, please weigh in, I would love to hear other's thoughts and ideas.