Question by CDS08: Any financial advice for a women who is planning on being a stay at home mom?
My husband has given me a challenge.
I am almost 15 weeks pregnant with my first. Because I love my job so much, I always thought I would be the type that would be the “working mom”… Here lately I have such a strong desire to be a stay at home mom, but my husband is afraid that we wont be able to afford to do that.
So here’s the challenge he has given me:
I have to come up with a financial plan that will prove that we can afford to give up my income so I can stay at home. This also includes paying off the $ 3,000 of debt we currently have.
The rest of this month I plan on seeing how much money I can save and really break things down and cut back on extra spending. Kind of a test run.. 🙂
So what I need is any frugal advice or tips from stay at home moms or future stay at home moms…or any frugal person for that matter!
Websites would be helpful too… Thanks so much!
Answer by mojo1969
What do you think? Answer below!