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4 Smart Money-Saving Strategies for One-Income Families (Strategy #1)

4 smart money-saving strategies for one-income families strategy #1 with piggy bank

Many homeschooling families (and non-homeschooling families, too) are living on one income in a two-income economy. 

Our own household income was cut by 50% when I quit my full-time architecture career to stay home with our first baby. We had some savings and made it work for the short-term but once we decided to homeschool we realized the “dip-into-savings-and-just-don’t-buy-stuff” approach wasn’t going to work for the long haul. 

The loss of one full-time salary or the switch to part-time income with fewer benefits is a huge adjustment. In a culture obsessed with money and material possessions you’ll need to muster all your courage and intentionality to stick to a financial plan that works.

But I’m here to tell you it CAN be done! 

Homeschoolers are Backward

homeschoolers are backward unique red person going against flow of traffic

WARNING: Homeschooling may cause your schedule to look different than the rest of society. This can lead to serious side effects such as nasty glares from strangers, self-doubt, and upheaval of existing routines. 

When you have the freedom to tailor your routines to the unique needs of your unique family, your schedule begins to look… well… unique. 

In many ways, my family’s daily and weekly routines are backward from our non-homeschooling friends. And guess what?

THAT’S OKAY!