Maybe you understand now that you have made the leap to Homeschool and are getting ready to jump into the great world of teaching your children in your home. You are now a one-payroll family choosing to teach your son or daughter at home sweet home or, possibly you are still in the choosing stage. Besides fully thinking about your child’s happiness and if homeschooling is the correct direction for your child and which core curriculum to check out, the other thing on your conscience should be FINANCES! Yep, it takes capital to homeschool your children, in particular if you were used to two incomes and are now cutting it back to one.
How do you do it? What are some ways to aid you financially and help you better understand your standard of living so you can set up homeschooling so it will work for you. Here are a few of my favorite hints:
*Grasp on to the idea of a Determination Party: Budgeting is not unburden some because it means there will be sacrifices. If it were, we wouldn’t have all sorts of members of society in dept throughout the Unites States. Homeschooling on a budget needs the selection and teamwork of you and your wife AND your children. Ensure you are all 100% on board and grasp what activity on a “lessened bank account” means!
*Two months of Checking out: Command two months, and write down every single price. I mean all things, from the gum you singled-out at the gas station to the plane tickets to see grandma and grandpa. The deeper detailed you sculpt these “reports” of your money, the more it will enhance you and your wife realistically putting yourself on a budget. Yes, even the splurge outfit you selected at your favorite store. Legitimacy with you is the central point to having critical success with your budgeting journey.