#10: Can You Afford to Be a Stay-at-Home Mom?

The purpose of managing your finances is so that you can afford the things you need and enjoy life more. It’s not to keep you from having a full life, but when you buy things without considering the financial consequences, you can create difficulties for yourself and your family. >>>>CLICK HERE TO GET THE FREEBIE JUST FOR MOMS: The Working Mom’s Toolkit for Transitioning Home In this episode… Today we’re going to talk about how to organize your finances so you can spend less than you earn and achieve long-term financial securit You’ll hear about… [0:02:17] The purpose of managing your finances [0:03:00] Step 1 - How to outline your current financial situation [0:03:51] Tools for assessing your current financial situation [0:05:45] Step 2 - Steps to setting achievable financial goals [0:07:46] Step 3 - Commit to faithful tithe and offering [0:09:11] Is it still necessary to tithe? [0:10:16] Step 4 - Commit to living debt free [0:12:52] Set up your debt repayment plan [0:13:47] Step 5 - How to create a safety net [0:16:14] How much should your safety net be? [0:16:47] Step 6 - Steps to creating your spending plan [0:19:05] Four main steps to creating your spending plan [0:21:51] Step 7 - Create your saving plan and how much [0:24:15] The next steps Conclusion Having a financial plan will help you overcome many financial worries, but it will only work if you follow it. Pray and ask God to guide you as you create your plan and to give you the discipline to consistently work the plan. >>>>>>> FREEBIE OFFER HERE <<<<<<< Today’s resource will help prepare you for this step in your ROADMAP. It's a printable list of Bible promises you can claim as you begin your journey home. These scriptures will encourage you and help motivate you to take action in faith. Just head over to RozKWalker.com/promises and it will take you right over to the opt-in page to get your copy. I think you'll find it helpful. >>>> Just click here to get your free guide: The Working Mom’s Toolkit and Bible Promises for Transitioning Home Click here to listen! If you found value in today’s episode, please consider rating and reviewing my show! This allows me to help more moms who, like you, are looking for strategies for leaving the workplace for home. Simply click here, scroll to the bottom, tap to rate with five stars, and then select “Write a Review.” Please be sure to share what you loved most about the episode! I also invite you to follow the podcast. I don’t want you to miss out on any bonus episodes I add to the feed.