Do you think single-income families can survive in today’s world? Though in the past it was more common, today there are many families opting to have one parent forgo careers to raise young children, supervise their online learning or homeschool, or to be there waiting for the children after school, or give rides to children to their various after-school activities. Sometimes it is even less expensive to have a parent stay at home with young children than hire daycare or babysitters.
I have been a stay-at-home mom since I was pregnant with our first child. Four kids later, my main job is still being here for them. However, as the kids have grown so have expenses. There are the ordinary costs of growing children’s needs, and there are those extra activities that are so much a part of a modern kid’s life. They are involved in a number of YMCA, church and school programs, plus dance lessons, dance team and gaming groups. These things always come with up front as well as later add-on expenses, plus there is a cost to driving around all over town and having to grab meals on the go.
Recently we got serious with a budgeting app, the first time we’ve succeeded in getting the budget thing to work for us. It took me making up my mind that I was going to make it my responsibility to keep the app up to date so my husband and I could more effectively communicate and make good decisions about our spending. What I found is how real the term “living paycheck to paycheck” can be, and started to get a good idea of where we are spending our money, including how much is going to the activities (all worthwhile) that our children are involved in. We realized (again, because we had known for some time already) that one income, even if it is a very respectable one, is not enough to keep up with the choices we were making for our family.
Over the years, our income has been supplemented by our own online business, a part-time work-from-home job I have with my family’s business, and later another part-time job I was blessed to receive playing organ and leading a young women’s schola at a church in the next town. More recently, my husband also began a second job teaching classes in the evening one night a week. The budget is clear: these are all integral to maintaining our lifestyle.
Based on the interest online about work-from-home job opportunities and ways to earn money from home, I believe many other families are looking for away to have the best of both worlds – have one parent stay home but also be able to bring in a supplemental income.
In this blog and in my videos, I am going to share the ways I have found to bring in a little extra from home. Even though sometimes it seems like an unreasonable expenditure of time to, for instance, fill out surveys to earn fractions of dollars, in my world that has turned out to be helpful.