Stack Of Pennies
A Penny Saved…

What IF, the first thing you need to do as a mother working from home, is not to figure out which product to sell, MLM to get in on, or party business to throw next? What if, instead, you need to figure out how to make use of what you already have?

Ben Franklin said: “A penny saved is a penny earned.” And God calls us to be a good steward of the money and things we already have.

Could you consider for a moment that you might do more for your family by learning how to budget, save, and make use of what you already have than you would by selling Amway (or Avon, or Scentsy or ???)? Not that I am nay-saying these legitimate businesses, some of which have great products.

I am just suggesting that before you commit yourself to a business and the work that comes with it, that you are sure you are already doing everything you can with what you already have.

It is a much simpler life (and therefore a lot less stress) to do so.

Here is an example:

Our “household items” budget was too big and we needed more money to spend on food. One item that we were purchasing monthly kept bothering me – paper towels. We were spending $15 – 20 a month on paper towels and that just seemed like a waste to me. So, I purchased a 12 pack of colorful wash-cloths for $5 and started using them as our cloth napkins at the table. We started to use old towels as rags for cleaning and we almost eliminated the use of paper towels in our household. Even considering washing a load of towels every week or so, we are saving at least $15 a month from our budget.

This is $15 I did not have to go and earn. I just made a simple change in how we do things around the house. Everyone got use to it and our environment is a bit happier for it too.

The practical to do:

Make a list of why you want to start a businesses from home. If one of the main reasons is money, then make a list of what you want the money for. Then, consider it for a few days. Are there other ways to get the money?

  • by saving from income already coming in

  • by reducing your budget in some way

  • by selling things you don’t really use or need

  • by creating something out of stuff you already have and selling it

Next: How to Start Budgeting

What if you have no idea what your household budget is, or what you spend on anything in a give month? Where should you start? 

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