Stay At Home Moms, Increase Your Income In These Resourceful Ways
Staying at home with the kids is a choice many mothers make, but it is not without sacrifice. Not only do those moms have to put their careers on hold while the kids are young, but they also leave themselves open to financial difficulties too, as they are no longer bringing in a wage. Happily, there are some ways that stay at home moms can get around this and increase their available monthly income. Read on to find out what they are.
Coupon with all your heart
Saving 50 cents on a jar of pasta sauce may not seem like a worthwhile activity to you. However, this is not the sort of couponing that I’m talking about here. Actually, the type of couponing that can increase your income is a little more extreme than that.
This type of couponing is all about creating a stockpile of items that cost nothing, or as close to that as possible. Yes, that’s right free items, in fact, with some coupons they even end up paying you to take products out of the store! Although you will have to be clever with double up coupons and Catalinas for this to happen.
The idea is that you create a stock of things you can use in everyday life like food, shampoo, and toilet paper, and then you can greatly reduce your weekly shopping bills. This leaves you with spare money each weak in your income, something that many US moms have found can be almost equivalent to a weekly wage!
Pay less out on your bills each month
You can also increase the available income you have by reducing the cost of your household bills each month. There are two ways of doing this.
The first is to look for a good debt consolidation company and find out how much you can save by amalgamating all your bills into one monthly payment. This can help a great deal because such a payment will usually be much more reasonable in price, and so leave you with additional money to live on during the month.
The second option is to carefully monitor and reduce what you spend on your bills each month. This applies, in particular, to your utilities such as gas, electric, and water. Something that means you need to remember to turn lights off when you’re not in a room, use grey water where you can, and be smart about which rooms to heat during the winter months.
Start a side hustle
Another way to increase your available income as a stay at home mom is to start a side hustle. This is a job on the side that isn’t a full career but can help you raise additional funds each month.
There are a huge range of things you can do as a side hustle. Although moms need to remember to pick jobs like making crafts at home, remote graphic design, or anything else that can fit around their family commitments rather than clash with them.