In the first part of this post, we’d discussed how easy and simple it was to save money when working from home by looking outside the box. From using promotional codes to switching to eBooks and reading online, it is possible to indulge yourself and still save money.
Today, let’s look at 3 more ways to round-up this short and sweet series on how to save money as a WAHM:
4. Build Your Business on a Budget
When you’re starting out, money can be tight and building your business on a shoestring budget can seem overwhelming. However, it can be done. Ask me how I know! Anyway, there are plenty of ways to bootstrap your work-at-home business without cutting back on quality and work ethic. Dr. Barnsley Brown, President of Spirited Solutions, offers the following tips to save money as a WAHM:
- Use creative barter arrangements to reduce start-up and ongoing expenses as well as to build referral partners and your client base.
- Use free or low-cost resources such as SCORE, business mastermind groups, and the Small Business Centers and Small Business and Technology Development Centers associated with community colleges and universities all over the U.S. and in some countries abroad.
- Avail yourself of all the fantastic professional/business development resources available on the internet in the form of free teleclasses, webinars, ezines, e-courses, etc. Then build relationships with the professionals whose work you like best. Create information products (a recorded interview series, an e-book or e-report, etc) with them.
- Hire interns (paid or unpaid) to help you be more productive and to free up your time for your revenue generating activities
Yes, building a business on a shoestring budget is possible. Here are some more resources to help you save money as a WAHM:
5. Have Fun on a Budget
Yes, saving money does not mean cutting back on fun. Leslie Truex, small business coach and author of The Work at Home Success Bible, says, “ I live in Virginia, which is full of history and cool stuff, a lot of which you can check out for free. We discovered museums, parks, and other activities (we went gem mining once) that allowed us to spend time together and have fun without a big expense. When we did want to have expensive fun (i.e. amusement parks), we took advantage of resident passes whereby we paid for one visit to the park, but were able to return as much as we wanted over the summer without extra entry fees.”
I know, first-hand, that one can have fun on a budget easily. From spending time outdoors on Nature walks and biking trails to doing craft and cooking at home with the kids, fun on a budget is really waiting to be found!
6. Do Your Own Thing
Finally, as a family, review what works best for YOU when it comes to saving money. If cooking from scratch every day is too stressful, explore how else can you eat healthy and save money. Freezer cooking, anyone? Yes, there is no one solution fits all answer when it comes to budgeting, but what works best is what works for your family. Whether it is having fun on a budget or indulging hobbies inexpensively, you need to try different ways to save money and then, stick to the ones that help YOU.
How do you save money as a work-at-home mom?
Photo Credit: Carissa Rogers