For the first year and a half of our marriage, I was still in school finishing up my bachelor's degree. Although Philip was working full time, his starting salary was somewhat small, and with the cost of school, plus a mortgage, our savings was doing anything but increasing.
Once I graduated, I immediately began a full time job. The difference in our bank account was unbelievable. With both of us working, we were suddenly saving a huge amount of money, and happily watching our bank account grow for the first time in months.
But we didn't stop there. We realized the value of multiple streams of income, and since then we have continually been on the lookout for extra income opportunities. For example, last summer I made and sold many embellished t-shirts. We frequently go through our house and find unwanted or duplicate items that we can sell on craigslist or at Plato's Closet. I have also made and sold headbands, clips, and hair ties.
Now, since I no longer have a job because I stay at home with my baby, I do commission artwork, and recently began teaching children's art lessons, which brings in quite a bit of extra cash.
Already having a job, or being a full-time mom shouldn't stop you from finding other methods of income, because every bit makes a difference.
If you sit down and think about it, I'm sure you can come up with something simple and not too time consuming that you could do to earn extra money. You'll be amazed at the difference even $10 a week can make to your bank account.
Any great ideas??