Moms who work from home?

Question

May I ask what it is you do. My fiance and I are currently working full time. My daughter is getting sick all the time from day care and we don't the option of grandma because my mom still works full time, too and his mother lives in Florida.

I am looking for options. I fear that i'll eventually lose my job because I keep having to take off to care for her. Any suggestions?

Answer 1

I am a stay-at-home mom and wouldn't change it for the world.

Check this out:

To calculate your cost of working, you need to add up the individual costs that you would acquire if you started working.

First, look at the difference between the taxes you are currently paying and what you would pay if you worked. Take this off of your IRS forms that you are filing this year. More than likely, it would put you (and your husband if you file jointly) into the next highest tax bracket. Take the difference between these two tax due amounts and divide by 12 to get a monthly amount. Do the same for your state and local taxes.

Now look at any childcare costs you would have, and add in the monthly cost.

Then add in any transportation costs you would have each month...parking, bus fee, bridge tolls, the mileage costs to and from work each day.

Your car insurance will increase if you classify your car as a commuter car instead of a leisure car. Ask your agent what the new monthly rate would be.

And now for a big one...your groceries. When we both worked, we relied on convenience foods for meals, such as instant mixes, frozen dinners, etc., and our food bill was 4 times higher than it is now. So figure on a large increase in these expenses as well.

Add in the number of times during a month's time that you may eat out, or order pizza in because you will be late coming home or because you'll be too tired to cook.

Your monthly clothing costs will increase since new clothes for work will be necessary, as well as dry cleaning costs.

Then there are those lunches out with co-workers. If someone eats out for $4 each work day, that adds up to $80 per month just for lunch! Figure what you might spend in a month.

Are there office gifts that you are required to participate in? Count those in the total as well.

What about having your hair done? I always had it done every 6 weeks.

Take all of these numbers and add them together. This is your monthly cost of working.

Now take a guess at what your gross earnings might be per month. Subtract your monthly cost of working from your gross earning. That is your true take home pay per month. Some people may even have a negative number! That means you are paying to work! Divide this number by the number of hours you work in a month. That is your true hourly wage.

Answer 2

2

Answer 3

You can take a medical transcription program from home, as well as work from home as a medical transcriptionist. You can make at least $40,000 a year, so you won't have to worry about not having a second income, plus you can be home for your baby girl. The program isn't even a year long, and there will always be a need for them, because there will always be a need for doctors, and doctors need to have their notes transcribed in order to make records for their patients.

Answer 4

Get Cash Taking Surveys - http://OnlineSurveys.uzaev.com/?RKqx

Answer 5

I take photographs and draw vector images and cartoon for www.istockphoto.com. If you can draw and have the talen, it works wonders as far as money goes! I make more than the hubby!

Answer 6

nanny