Stay-At-Home-Moms: How Do You Make It Work on One Income?

QUESTION:

"How do you stay-at-home moms make it work financially?

My husband works so hard, long hours, and has a side job that he does in evenings and weekends. My maternity leave is up in Jan, and we would like me to stay at home with our girl, but we just can’t afford it.

I know it depends on what the husband makes. We used to do so well I don’t know what happened. We only buy essentials, cut out a lot of unnecessary spending.

And I did the numbers, and once my maternity pay stops, there is no way we can make it on just his income. Which sucks because daycare is so expensive if I have to go back to work."

RELATED QUESTION: I’m Thinking of Putting My Toddler Into Daycare: Advice?

TOP ANSWERS (AS SELECTED BY MODERATOR):

“My husband and I always worked opposite shifts. For example, he worked 6-2:30 and I worked 2-10:30. We made sure to have one day off together each week but it worked out so we only needed a babysitter for an hour. It’s hard but you can make it work.”

“Honestly it takes a large single income and a lot of cutting corners and bargain shopping. I’ve been a SAHM for almost 13 years now. We follow a pretty strict budget, meal prep, stock the pantry and freezer with taxes. We buy bulk beef and pork right from the farm, have our own chickens for eggs, and a decent size garden.”

“When you get two incomes you ger used to spending two incomes. You will have to take a harder look at budget. Even to the point of selling off the second vehicle or something that will take care of a big chunk.”

“SAHM here! It is by no means easy. At all. But honestly, what it came down to for us was: 1) Child care would be too expensive that me working wouldn’t have made a difference. 2) We thought it was more important for our child(ren) to be raised by their parents. But at the end of the day, it comes down to what you think is best for your family as a whole.”

“Whatever you do, do NOT join an MLM (multi-level marketing program). The Huns may say it’s a good way to make money look at income statements the company puts out themselves please if you’re tight on money do not spend it on an MLM. They prey on people in hard situations.”

“If I could do it all again, I wouldn’t give up my career completely or at all. If you can somehow figure out a way to keep a foot in the door with your employer, I would, whether that is working part time, working from home, whatever.”

“I was a stay at home mom as much as we could afford, in the end I worked jobs around my ex husband’s hours, so we limited daycare costs. So if he worked 9-5 I would try to find a job that was 6-2, it was hard but we managed.”

“Budget and plan your groceries/meals. Don’t eat out. Buy meat in bulk and repackage at home in ziplocks and freeze. That’ll save you tons. I’m also a huge fan of keeping a well-stocked pantry. Make from scratch. And while you’re home, watch electricity and water usage. It’s not easy. But you can do it!”

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READ ALL ANSWERS BELOW:

17 Likes

I’ve been a sahm since January, we have a strict budget we follow and we also put money in an envelope that is numbered 1-50. That helps us out a lot with unexpected things like a new tire or something like that. Would that maybe work for you guys?

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Are you able to watch other kids for extra income?

2 Likes

I make more than my bf but I stay home w the 3 kids. I budget, its hard af and u keep going.

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I did in home childcare and had a photography business on the side.

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Maybe consider a job you can work from home? A call center would be hard with an infant but look on indeed.

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If your income is low your CCS will be high. Look at what you will get in the rebate, centres publish their rates BEFORE the rebate is applied. It could be up to 85%, and there is a very broad band where you will get 50% rebate.

My husband and I always worked opposite shifts. For example he worked 6-2:30 and I worked 2-10:30. We made sure to have one day off together each week but it worked out so we only needed a babysitter for an hour. It’s hard but you can make it work.

8 Likes

My husband and I work opposites shifts both Monday- Friday but he works day and I clean at night.

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For a few years I took a part time job in retail. Evenings only after 5pm, and only 3-4 shifts per week. So the husband was home with the kids, no need to pay a sitter. My extra 300 a week was enough to allow me to stay home during the day. I also joined up for a direct sales company that I can work at as much or as little as I want for an extra couple hundred a month.

Honestly it takes a large single income and a lot of cutting corners and bargain shopping.
I’ve been a sahm for almost 13 years now.
We follow a pretty strict budget, Meal prep, Stock the pantry and freezer with taxes. We buy bulk beef and pork right from the farm , have our own chickens for eggs And a decent size garden.

6 Likes

I stay home but money isn’t an issue since we moved n he took a higher paying job. Then taxes came and the government checks. We have managed to save money. With 2 kids fulltime one in diapers other is 10. Plus a 6 yr old we share so I’m running to get him. I try to have a job but daycare sux and I run so much. I’m thinking about taking on photography

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A lot of sahm’s do some sort of network marketing. I’m not a mom i also work full time but my husband was laid off due to corona virus so i picked up Tupperware. It’s basically sales itself and i have been able to keep us on top with money still going into the savings! I have open spots on my team if you are interested in more information send me a message!

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Find a side hustle you can do from home and start it now. It can be anything from becoming a virtual assistant (depending on your computer skills, bookkeeping skills, etc) or starting a blog, sell stuff online through drop shipping or retail arbitrage those are a few things that come to mind. You can do it Mama!

2 Likes

Strict budget. I actually started to sell scentsy and that helps. It does get slow at times and struggle some. Youre strong. :black_heart:

Work opposite shifts. It sucks but no daycare. That’s what hubs and I do

Look into hone care or a job its hard but single income is harder alone money causes problems in relationships make sure its both participating. Cant be on one person

SAHM here! It is by no means easy. At all. But honestly, what it came down to for us was: 1) Child care would be too expensive that me working wouldn’t have made a difference. 2) We thought it was more important for our child(ren) to be raised by their parents. But at the end of the day, it comes down to what you think is best for your family as a whole.

3 Likes

I’m not a stay at home mom, but my mom has a Ebay store and makes her own hours and she’s a stay at home mom.

Whatever you do, do NOT join an MLM. The Huns may say it’s a good way to make money look at income statements the company puts out themselves please if you’re tight on money do not spend it on an mlm. They prey on people in hard situations

4 Likes