Your children and family are the most important things in the world. They deserve your full attention and you are happy to stay home and take care of their needs. You know you made the right decision.
Your choice to stay at home has come with a price. Careful budgeting alone can't make up for the missing second income. Yes you are getting by, but you have sacrificed things to raise your children.
Mom Joke
In Ann Christensen's book, "The Price of Motherhood" she stated that a couple earning over ,000 annually loses over million dollars in lifetime earnings after they have a child and the woman leaves work. Your retirement is in jeopardy too.
No matter what you were previously making, there are long-term consequences for choosing to raise your children instead of earning a paycheck. Aside from salary, you are also not getting any pension benefits. No income for you means that your benefit rating with social security is stagnating.
It's to bad that there has to be such a cost for staying home with your children. Your value as a mother is certainly great. It is nice having the time to nurture your children's education and interests. You even get to have fun. Other working mothers envy you while they struggle to juggle between the two.
You are not alone. More women are deciding to leave the career track to stay at home with their children. The appeal of actually being the one to raise your children is undeniable and more families are pursuing this important goal.
Being a stay at home mom has many positive aspects, but you still miss being able to earn an income. You wish you could transform your time into money without compromising your need to be at home.
There is something you can do!
A revolution has begun. People are deciding more and more to take control of their futures. It's time for you to start learning how people are earning a comfortable living from their homes. You can start a home-based business, raise your children, and have a profitable professional existence at the same time.
Bringing in a second income and avoiding childcare costs would be doubly profitable. Think of what you could gain.
More Vacations (quality family time)
A bigger house for your growing family
Savings for retirement
Funding for your children's education
After starting your own business, you wont have to scrimp and save so much. Yes, you will still be bargain hunting because its smart, but you won't have to feel guilty about the occasional dinner out.
Salary.com attempted to calculate what the salary for a home mother should be. After factoring everything from daycare, transportation services, laundry, cooking, management, and everything else, Salary.com came up with a figure of ,000 a year. This may sound like a lot but it was based on a 90-hour workweek.
It is nice to know that you work as a mother is worth nearly six figures. Unfortunately, no one is paying you. You need to take action and earn money your own way. A home-based business is the perfect solution. With the income you bring in, you will be able to enjoy financial security.
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