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What should you do if you want to stay home with your child but need to work because you have a car payment and insurance?

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2007-09-02 15:34:33
2007-09-02 15:34:33

This is a dilemma many Moms face. First, seriously consider if you really need that car. Could you get by without it? If so, sell the car and you won't need to make payments or pay insurance. If you really need the car, you'll have to find a way to earn $500 per month, plus childcare. Taxes on only $6,000 per year should be fairly low. Many women in this situation provide child care for one or two children, the same age as their own, in their home. You'll be home with your daughter all day, and helping out other Moms, too. In most states, you don't need a day care license to care for one or two kids. Other Moms work 16 to 24 hours per week to earn the cash they need. Check your paper or an online job board under part-time jobs, and you'll find everything from bookkeeper to restaurants to receptionist. If you're able to work a shift when a family member can care for your daughter, you won't have childcare expenses. Some people pick up extra cash by selling items on eBay. Your local library will have several books about it. Specialize in one category, and be consistant about your efforts. Avoid work at home scams. If you have specialized skills like computer programming, or are a freelance writer, you may be able to work from home. But, most other work from home plans are rip-offs.

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