So I am a newly stay at home mom. My husband and I just had our second child and we both earlier had agreed that when I got pregnant with our second child that I would stay home if we could get our finances in order. I thought SWEET this will be easy. Well… 9 months goes by fast and I was not as fully prepared as I wanted to be.
It was hard for me to decide to stay home,I have always had my own paycheck to do with whatever I wanted, I’ve worked full time since I was 16 years old. When I got married I was the one who carried the insurance and paid for our toys. We got paid on opposite Friday’s so we never really had to worry about waiting 2 weeks to get paid again.
I didn’t want to go back to work after our first child was born, but you do what you have to do to support your family. My husband worked in construction. The “Golden Handcuffs” is what I call that job, because they get paid great, BUT they get paid NO benefits. So that is why I continued to work, besides I did love the company that I worked for but I hated leaving my little one. I knew he was in good hands but I missed him every second. So I knew the second time around had to be different. A nice blessing that happened was that 5 months after our first child was born, my husband got a job that paid the same as the construction job and had benefits so I canceled mine after he was there for a year.
I found out I was pregnant in August so I knew I had to figure alot of things out before I could go to my husband and say “We can afford for me to stay home”. I did my research. I checked out different day cares for the boys to be in, and after calling the price was as much as a house payment. So that was it for me, no daycare for my kids.
I sat down and went over our bills, food, gas, toys, trips, everything that we do each month. What did we spend money on and how could I save for those things. I figured that my husband was the spender so I started making his lunches for work.
We had a lot of work to do. We got paid opposite Fridays so the first step was paying off our debts in 6 months. That way we had 3 months to save for the baby. I will be completely honest with you it was a struggle. We worked so hard to just live off of his paychecks but sometimes the unexpected came up and it was hard not to use my check. Knowing that we have that other paycheck is hard and it will soon be completely gone and then the real test begins.
I have been officially home for a month and I can you it was the best decision I could have made… I love being home with my kids. It’s been a struggle to get a schedule down but I know that will come in time. My husband is on board with our budget and I know if we stick to it we’ll be alright.
Stay tuned for more newly stay at mom beginnings…