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Old 04-29-2009, 11:12 AM   #71
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team-edward
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This is not a financial tip but it's an important one. Try to make time for yourself and get a break. It can be stressful at times for some people so take care of yourself so you can take care of your kids! Try to get involved in playgroups or someother way to be around other moms. It's nice to have someone to talk to during the day
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Old 05-02-2009, 02:01 AM   #72
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All these tips have really helped me out. Thank You.
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Old 09-02-2009, 05:54 AM   #73
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When a women wants to take up a role of SAHM, i think that's a good idea as long as her children get all her attention and care
but if she wishes to work from home i surely know that there are a lot of opportunities to make some money these days so no worries

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Old 09-14-2009, 11:51 PM   #74
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If you are already a work at home parent, you must set a daily schedule and stick with it. Remember, your task is not just your family’s need; you also do your job as a home based worker. In order to succeed with this goal, you must have self- discipline. Know when to work and know when to stop working.

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Old 09-16-2009, 04:28 PM   #75
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When you want to make that big jump to SAHM, practice first!!
Like many have said... make a budget and bank your income while you're working. Practicing frugality is key. If it's not working for you, being a SAHM is going to be more stressful than it is a blessing. Get adept at the drug store game and couponing. If you're a first timer, borrow someone's kids and practice doing household chores for the day. Several times. Make sure you love the reality of being a SAHM other than just the theory.
Also, make sure you have a support system- grandparents, friends, husband- whoever you know you can rely on. Going from a 9 to 5 job to a 24/7 one can be a harsh transition unless you have people backing you up.
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Old 10-08-2009, 08:45 AM   #76
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Jean LA
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Originally Posted by mommymarie View Post
As a new SAHM I agree with everything said. We did not live off one salary before the change but we did the following things:

1. Look at all your expenses and lower what you can right away. For example, get rid of cable TV, Shop for a better phone deal, get rid of cellular phones (or at least one if you have two), etc.
2. If possible plan to only have one car. The days you need the car you can drive your husband to work or he can take the bus once or twice a week. Of course it's better if you get rid of the most expensive one.
3. Pay up as much debt as possible.
4. Start doing activities that are cheap or even better, FREE.
5. If you don't cook, LEARN. If you cook than learn how to cook cheaper.
6. Follow your expenses, even if I do this, I always find new ways to save.

And don't forget to think about yourself, Being prepared financially is one thing, you and your familly also needs to prepare emotionnally and mentally.

Good luck,
Being a SAHM is the best!!
Being aware of the expenses that you have give you awareness of what's important and what's not. Staying at home with my child and husband is a great thing and I think everyone deserves it.
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Old 10-09-2009, 08:48 AM   #77
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This is one of the most commonly asked questions around here, so I thought we should create a thread full of tips and advice from those who have transitioned from two incomes to one. What advice would you have for someone wanting to become a stay at home mom (SAHM)?
It depends how far do yo really wanna go, to save money to be able to stay home,, You will be missing that income right, so,, like you know use coupons, and rebates on groceries, go where the sale is, even if its 4 stores. As for you, no more career clothing, no more buying lunches out,no more eating at restuarants for dinner,no more professional hair cuts, nails done,waxing, none,you can still have pizza nite, but buy digorna, they self rise, and with coupons its cheaper,,and on always on sale, i am assuming you get all this done every month, so ,, so far we have saved hair cut $35.00 nails $40.00 out lucnes, ? 30 a week, coffee stops? $ 10.00 a week and pick up dinner thats like $25.00 alone isn't it? we have saved so far, $110.00, plus coupons on groceries, taek the kids to the park, play with kids outside its cheaper then paying for a play palce to go to, No more paying babysitters, thatsaves,, no more using that gas for work, and call insuranc company YOu are no longer driving that far, its cheaper,, the rate willcome down, call all utilities and down size, do you need allthise cable channel? just get basic, its 29.99 a month now,, cut your own grass, do your own flowers,, clean yourown home, don't hire merry maids,, and when you need a break from kids callmom,or switch with a girlfriend,, um even clothing, maybe someone has a child 1 year older then yours ask for hammy downs, go to thrift shops, or walmart and go for the sales,, and get the clothing after the season is over with, and use next year, I cut all our kids hair and husband, its on google how to use scissors and on google for codes, and coupons,, join free clubs likeyou did here and get free coupons, know a neighbor that has a talent switch with them, and do something they need for them,, Have yard sale every summer month, go yard saling infact see what they have,,, Have a pet, stop buying that expensive dog food,call up the dog food people theygive out free samples,,, oh my well thats how i do it,, and we save about,,, i am of course gonna add up the going rate for being a career mom of this day and age,, If i worked we would need another car, clothes for me, etc,,, so i'd say, i would babysitter also,, hmm, about $1,500 by not workimng plsu when income tax comes around, we get $7,000.00 back and i have 2 small kids still, ,, so happy to help out,, hugs bonnie

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Old 10-21-2009, 03:41 PM   #78
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One thing we did was paid off college loans before I quit. Luckily that happened just several months before #1 was born. I would also recommend paying off car loans, too. The less debt, the better.
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Old 10-22-2009, 01:07 PM   #79
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I have found that with the multitude of ideas found here at Mommysavers, along with some personal creativity for my own unique situation, that I have been able to save our household more than I ever made working full-time. It takes a lot of planning, and sometimes I have to "suck it up" and cook when I would much rather eat out, or do something myself when I'd rather pay for someone else to do it (washing the car, raking the yard), but in the end it's always worth it.

Also, a lot of moms think that when their kids get older, they can return to work because the kids can take care of themselves. Among my 4 boys, I have a 16-month old and a 16-year old - guess who needs more supervision? Sometimes teenagers are more work than a newborn!

My only real advice has been said, and repeated over and over again - PLAN, PLAN, PLAN!!!
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