A while back I wrote a post explaining how Momma was going to be quiting her job and staying home with Ace during the day. Momma has not worked for a few weeks now, Ace is not going to day care anymore, and we have figured out one very important thing…we can’t afford it!
We could do it if we really wanted to, but things would be tight…really tight! It all comes down to making sure that one simple formula is true…
Income > Expenses
I’m a mathematical kind of guy, ya know, the kind of guy that draws up a spreadsheet to calculate everything. After a few spreadsheet calculations I discovered that if we stuck to an extremely strict budget, had absolutely no surprise expenses, and never did anything fun, we would have like $20 left every month. Not going to work…
So Momma has to go back to work part time. Her income will cover some expenses and all fun activities. My income will cover the bills.
She put in a few applications at some of the local clothing stores nearby where we live. She got a job in no time, and will be working evenings. This is what she wanted and it will work perfectly for us. The money she will be making comes no where close to what she was making before, but since she will be home during the day, Ace does not have to go to daycare and I will be there with him in the evenings while Momma is working.
Our plan is for Momma to work part time until baby number two is born. Hopefully we can get a few bills paid off and get into a better financial situation so that Momma can truly be a stay at home Mom in the near future… Wish us luck!