Look To The Future and Have Faith
The situation you are in today will NOT be the situation you are in three years from now or even a year from now.
I remember when we were buying our current home – my father advised us to stretch ourselves just a bit because generally a financial situation improves as we get older. That little bit of extra home we purchased fit us very well down the line and I’m so glad we had the space and extra land it provided.
The primary breadwinner in your house will most likely be making more money as the years go on and/or you will discover other ways to earn money as well.
As believers, we also knew that if God was calling us to homeschool that He would provide for us to do just that. Yes, homeschooling is a leap of faith in many ways, and financially is no exception!
That leads us to the next reason…
You Have the Ability to HUSTLE
Once we stepped outside of the traditional school box we began to look at many things quite differently. One of those was the ways we are able to earn money.
In the beginning, I was giving piano lessons at home to earn some money to supplement my husband’s income. Then, I began blogging and writing curricula to sell.
Having a side hustle can take on many different forms. Maybe you work a job in the evenings or on the weekends. Or, maybe you find some type of work online. We always have the ability to HUSTLE and can do so much more than we think we can!
Believe me – I get it. I thought when my kids were both in school I would go back to work and then we could achieve our financial goals. I was SO wrong. Homeschooling (and giving up what I thought was future income) actually provided MORE for our family and we have achieved and exceeded our financial goals!
Slash & Burn
My husband is an expert at this, and I’ve learned to become one as well. Take a look at your family expenses and see what you can slash and burn.
Once we began homeschooling I found that our homeschool friends were a great network for a lot of ways to save money. We had aligned ourselves with a new group of friends and because of that we were living our lives differently.
And you must stop trying to keep up with the Joneses – and in many cases, guess what? The Joneses are living in debt, anyway!
A few ideas:
Ditch your cable (we had NO television when my kids were little and we first started homeschooling.
Shop second hand
Health Insurance (We participate in Samaritan Health Sharing Ministries which greatly reduced our healthcare costs!)
Constantly evaluate your car insurance to make sure you are getting the best rate.
Evaluate your cell phone plan to make sure you are getting the best rate.
Drive older, paid for cars
Get rid of STUFF – constantly purge and sell things – you can live quite simply and make some money by selling what you don’t need
Don’t eat out and shop wisely (We frequent Sam’s Club and Aldi for good deals.)
Watch the “click traps” (don’t shop on Amazon – that’s a direct contribution from my husband!)