You can control your bills and add quality to you life
It hasn’t always been crystal clear to me on how two income families with children work so harmoniously. We tried it for a while because, well we thought we had to, and besides everyone else was doing it. Finally after exhaustion from running a home and a classroom and not being able to be really good at both I looked closely at what my goals were and why I wasn’t reaching them.
Goal #1) Have extra money to save
Goal #2) Be a quality Mother, Wife and Teacher
Securing a $20,000.00 a year salary job, let’s call it $1,200.00 a month take home. Can I save $1,200.00 a month? When I was teaching I spent: $800.00 a month on groceries, purchased work specific shoes and clothing at the thrift in addition to regular clothes, extra expenditure $100.00 for the year. I paid for childcare for my two youngest at $240.00 a month in addition to special convenience items and clothes for school which I estimate at around $300.00 for the school year. Gasoline consumption was way up. Not only am I driving to work but I was also carting children around. My monthly gasoline bills were $160.00 on average. I do not want to forget to mention the carelessness that went along with me being a working Mother. Things like cooking from scratch all the time, spending a Saturday thrift store shopping for recital clothes and just turning of a light when I leave a room… forget it I was too tired, didn’t have the time or just plain forgot. Estimating the monthly money spent for being too tired and forgetful $200.00. Adding up the numbers offers a grand monthly average of a little more than $1400.00 a month and I was bringing home only $1,200.00. Wait, now there is some subtracting to do. I still by groceries and gas, however my monthly food budget for family of 4 is $300.00 and my gasoline budget is $60.00 a month. The real bottom line number is $1,040.00. It cost me $1,040.00 a month to make $1,200.00 a month. A gain of only $15.00 a week! No fancy math just plain numbers.
Expenditures for me as a working Mom bringing home $14,40.00 yearly and $1,200.00 a month
$100.00 work clothes
$300.00 convenience items and school clothes
$2,400.00 too tired and forgetful expenses
$1,900.00 gasoline for car
TOTAL $16,700.00 yearly and $1,400.00 a month
Comparative expenditures for me as a Home schooling Stay-at-Home Mom
.00 work clothes
.00 convenience items and school clothes
.00 too tired and forgetful
$720.00 gasoline for car
TOTAL$4320.00yearly and $360.00 a month
A DIFFERENCE of $1040.00.
When I was working 40 plus hours a week I was basically working to bring home $60.00 a month/ $15.00 a week…which could be argued as wear and tear on my vehicle.