Kids grow up fast. One minute they’re crawling and very dependent on you, the next they are already independent and have a life of their own.

Some parents don’t want to miss any of the developmental milestones of their children. As hard as it may seem, some give up their career to be a full-time parent. They believe that personally taking care of their kids are way more important that their jobs.

If you’re weighing on giving up your job to be a full-time parent, you should come fully prepared before making this decision. Being a stay-at-home parent is certainly not a walk in the park. Before taking the big leap, here’s what you should do first:

Know Your Timeline and Make a Plan

Jumping into a stay-at-home parent is like going into a war; you should never go unprepared nor unarmed. Start by making a plan first.

How long will you be staying as a stay-at-home parent? Is it only for the meantime that your toddler is growing up or will you be a full-time parent forever? Consider your financial standing as well. Is the salary of your spouse enough to pay all the bills and make both ends meet? If you feel that your financial standing is not enough with only one of you working, you can consider on having home based job. You can also start an online business or teach kids online.

Make sure that you have everything planned out before handing your resignation letter.

Create an Emergency Fund

When only one of you is working, it’s hard to budget your finances. You would be having a hard time when you encounter unexpected bills or expenses. Avoid going through this dilemma by setting up an emergency fund. Allocate a certain amount to be deposited to this fund and only use this for emergency purposes only.

You can jumpstart your emergency fund by going through your stuff and selling those that are not being used. Use the money earned as your initial emergency fund. You can also start cutting down your expenses by…
 

Discover more fancy articles

Why I can never live in London I remember how I always wanted to live in London. Growing up, I spent most of my summer holidays in East London. And it was great for me back then. I was young and free, and found the city fun. There were no bills to pay. All I had to bother about was my shopping money for clothe...
A guide to keeping your kids safe online This generation’s kids are born into a networked world in which more and more things are linked over the internet. Online activities are inseparable from other aspects of life. The internet is tied up in how they learn, bond with friends, explore their identities, and express the...
Ways in which your cat might be showing love to yo... When it comes to overtly showing love to your owner, dogs top the charts. No one can beat pet dogs in the ways they express their feelings towards their owner – be it wagging their tail, barking when they see you or licking your face constantly, even if you’re not all that recept...
Rolled jam buns with sour cream glaze I saw a lovely lady riding her bike through New Orleans today. The sunlight was low and behind both of us in that comforting way that says the day is almost closed and we’re all headed home to take off our bras and make butter pasta. She was riding her bike wearing a dress and I ...

Pin It on Pinterest

Share This