Jun 18th, 2012 by Jennifer Lynn
Ten and a half months into my stay-at-home mommy gig, and I’m stuck in a financial rut.
Here’s my dilemma.
I’ve decided to stay home with my daughter during her first years. Right now she requires huge chunks of my time, which means a part-time job isn’t feasible. While my significant other is away being the primary breadwinner, I’d still love to find small ways to financially contribute toward our household. Sooo, I’m hoping for motivation/inspiration with raising money while being a stay-at-home (broke) mommy.
Here’s the goal:
To build family savings to the point of excess for investment purposes, with the ultimate goal of creating passive income streams that will regularly flow in (such as with dividends, interest, profits from business, etc.) — theoretically, this will force myself to think creatively and ‘outside the box’ more.
An adorable, hell-raising, roguish toddler, who endearingly consumes huge hunks of time.
With a bit of brainstorming and creativity, I can tackle financial goals and track this progress through writing, for incentive, clarity and focus.
My starting financial goal is: to raise $1,000.
So how can I raise money without a reliable income stream? Let the brainstorming commence.