Everyone could do with a little bit more money, but when the options are limited in your personal life, that little bit of extra cash you could really do with tends to make you miserable. This is one of the common problems facing new moms and parents who stay at home to look after their baby while their partner goes out to work. In today’s society, it is a very common occurrence for both partners to go to work and place their children in nursery care. But is this any good for your child?
The real issue behind it, for most families, is one of finance. Nowadays, it appears that if you want to keep your home, you need to both be working, and it’s a question of lifestyle too. If you have a certain lifestyle and you want to maintain it because it’s your little outlet after a hard week, you will have to earn the money to pay for it. I’ve seen many moms give birth and head straight back to work just as soon as they are fit, but is this any good for the family? There are positives in a few ways for that type of family. Firstly, the double income means you can actually spend time as a family together properly on day trips and vacations, and the financial strain isn’t so bad. If you’re a working mom and you both have average outgoings but a decent income, you can sleep soundly in the knowledge that you are able to put food on the table. It’s not a bad thing, but do you both need to be doing it? If one of you has a stable job with a nice salary, you could cut back on a few things and then make the most of your child’s formative years. I understand that it’s not an option for many parents out there, but putting your child in the care of a day nursery or a nanny is the only option when you’re career-minded. And if you and your partner have worked hard to where you wanted to get, then it’s only fair that you keep the wheels in motion, but you need to make sure you have a good balancing act between your work and your home life.
There is a secret solution in this. The option to work from home is one of the perks of working in a large organization. There are some who work exclusively from home, Monday to Friday, and then there are some who spend one or two days a week doing this. If you can, it certainly has its benefits! Because we can feel really guilty about not spending much time with our children, having an extra day at home with them will work wonders, and you can start to redress that work/life balance successfully. A lot of people will say that they don’t get much work done when they’re at home anyway. But if you can work around this, for example, by completing the most important tasks before your child wakes up, and then answer emails as they come in during the times the baby is awake. And then complete other tasks while they have a nap, you can make the most of your time at home and not feel guilty about working less or seeing your child less. If you prioritize your day, you will be able to accomplish a lot more.
Granted, I understand that for many parents, it isn’t feasible. But if both parents are working and the nursery costs is a sizable chunk of your salary, it may make sense for just one of you to work because it’s money you’re losing anyway. For those that are on the other end of the spectrum, and are full-time moms at home with their children because it’s their choice, they can feel the pinch in other ways. So many moms feel that they need to be the foremost influence on their baby in those developing days, months, and years, but they struggle in a one-income household. There are only so many times you can go to the same coffee shops and drink water, only so many times you can stroll around the park, and only so many times you can go to those baby groups and sit in the corner because you can’t get in the clique. It’s very difficult, and when you have no money to play with, naturally you spend a lot more time indoors, and you will get cabin fever. If you are struggling financially, the first thing to enquire about is if you are entitled to any additional help from your local government. There are benefits that you can make the most of to spend on diapers, milk, and other baby essentials, which leaves you with a little bit more money to spend as you see fit. It’s important to spend some money on yourself, and the highs and lows that you experienced after the baby was born can give way to sheer despair when you feel trapped in the financial sense. So it’s important to use that spare bit of cash on something that is for you so you can reclaim a sense of self.
If you aren’t entitled to any benefits or extras, the other option to try is to work at home. It’s happening a lot more now, people are easily able to complete surveys or do tasks for people by logging onto their computer. A stay at home job is becoming much easier to get, and there are many benefits of working at home. Apart from the money and the fact that you get to stay at home, depending on the job, you can do it in your own time. Some jobs like completing online surveys have no deadline and will pay based on the amount of surveys you complete. As a result, you can do as much, or as little, as physically possible based on how busy you are. Have a look at this link to get help finding a stay at home job, and see what types of work suit your skills. And it’s not just moms who are using this to their advantage, all sorts of freelance workers have found that by doing work from home and taking on as much work as they can, it works out better for them in a financial sense because their earning potential is limitless. They can earn as much as they can, and they don’t need to commute or work far away, so they don’t see their families. Working from home has a financial benefit as well as personal ones.
The thing to think about if you’re thinking about being a stay at home mom but working at the moment is if you drop that one income, will you really be worse off? Commuting, work clothes, lunch, etc. all cost money, money that you could easily save by cooking at home and not having to pay for fuel or the train (or both) every day. If you’re a stay at home mom already, you know that being a mom comes first, but there are options for you to keep yourself financially afloat. Working at home seems to be an option for both scenarios, but there’s a lot more opportunity for moms to make a living while looking after their child now. It’s just about knowing where to look! It’s time to think, get the calculator out, and see if you will be okay in the financial sense.