When A Stay At Home Mom Turns to a Cash Advance

If you’re like myself, you are probably a stay at home mom (or dad). Choosing this path in life is truly a rewarding experience. You get to stay at home with your family and experience all those important milestones such as first steps, first words and other major goals in a child’s life.

No matter how rewarding this lifestyle is, sometimes the unexpected can happen. An unexpected doctor’s visit, a car repair, or a home maintenance cost can pop out of nowhere and sometimes the money just isn’t there. After checking to see if there are any available credit cards that I can use or seeing if I can borrow the money from friends or family, I turn to what I call my last resort, a cash advance.

Cash advances are a wonderful fall back for those times when unexpected expenses appear. I use them only as a last resort because, depending upon the place that I use the cash advance, interest rate can be very high and cause you to pay a lot more on the money that you are being advanced. That is why a cash advance is usually my last resort for an emergency money supply.

If you are a stay at home parent and deciding if a cash advance is right for your situation, here are a few things that I take into account before taking an advance.

1. Can you get the money anywhere else such as a credit card, a family member, or even selling items at a pawn shop or on ebay?

2. Can the expense wait until payday?

3. How often have I used a cash advance?

4. Can I pay it back in a reasonable time?

As long as you think it through and use a cash advance responsibly, you’ll be able to get that little added help when an unexpected expense comes out of nowhere.

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Working at home ideas for chaotic moms

We all want to spend as much time as possible with our children, as a result of that fact working at home is becoming one of the most popular life choices for busy moms. Being a stay at home mom has plenty to recommend it, but sooner or later, reality kicks in and financial factors come into play. The need to earn a wage is a fact of life but there is no need to panic, because the perfect life/work balance is possible for those who choose the home working route.

Photo by LinkedIn Sales Navigator on Unsplash

Working at home is often considered the ‘Holy Grail’ for moms who feel pulled in all directions. The pressure to be a good parent, but also to earn money can be strong, but there is no reason why, with the right research and preparation, extra income cannot be earned from home. It is essential to be mindful of tax and other regulatory obligations relevant to the business and to ensure that these factors are covered. For convenience and peace of mind many small businesses employ the services of an umbrella company to deal with tax and financial matters, leaving more time to spend on turning the venture into a roaring success.

The most common question when considering home working is, “what types of jobs are available?” There is actually plenty of choice out there, so let’s try and narrow it down a little. Here are four popular ways for work at home moms to successfully achieve their goals of generating income without leaving the house.

Looking after other people’s children

Have a few more children in the house. By setting up in business as a licensed daycare operator it is possible to stay at home with the children and a few others as well. There will be home business regulations to fulfill and various other criteria to meet, but as a home working opportunity this option suits many moms, especially those with previous experience in the sector.

Become an internet entrepreneur

The internet age has created a global marketplace and smart entrepreneurs are using it to generate income from home-based retail businesses. Sell anything, such as craftwork, cakes, children’s goods, anything; if it is a good product and it is marketed well, it will sell. The added efficiency of modern postal and courier services, which collect from home, means the empire can run smoothly without the boss leaving the front door.

Teach online

The online teaching sector is really growing at the moment and there are plenty of opportunities for those with the right qualifications. Distance learning is the method of choice for many, due to its convenience and effectiveness. Whether it is language teaching, online tutoring for college students or online teaching assistant posts, openings exist for teachers at all levels, from elementary through to university positions. Stitching this type of work into the daily routine works well for stay at home moms, as there is a degree of flexibility and the differences in overseas time zones can be used to advantage for extra convenience.

Office support services

Recruitment agencies exist that match home workers to office support roles, such as home call center operatives, data entry staff and virtual personal assistants. For flexibility and variety, many moms find this kind of work suits their chaotic schedules.

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A blissful wedding anniversary

To our niece and our nephew-in-law, our first inaanak sa kasal, best wishes to both of you! May the freshness of your love remain in your hearts forever.

The photo was taken at the office of the judge who officiates the couple’s civil wedding two years ago. A year later, they had the church wedding at the Immaculate Conception Cathedral of  Cubao.

I think I have posted our photo inside the church right after the wedding ceremony.

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