Creating streams of income

by Shelley on July 18, 2008

It is not easy being a stay at home mom but it is certainly very rewarding.  I had always tried to create streams of income for myself to help insure I could stay home with my daughter.  What I mean by streams is different ways I had money coming into my household.  That way if one stream dried up I had time to replace it with something else.  I was very fortunate to find a good job working from home but the company decided they could no longer support remote workers.  Their business module changed.  I was very comfortable and let all my other streams of income go and next thing I knew the bottom dropped out.  This scenario kind of reminds me of the book Who Moved My Cheese. 

Looking back this is one of the best things that happened to me and here is why.  It enabled me to start thinking out of the box again and helped me think of all the different things I would like to do.  My line of thinking was no longer “oh no what will I do” it now became “the world is my oyster”.  And as any good motivational speaker will tell you or maybe even your boss “attitude is everything”.

I reminded myself there are a lot of home based businesses out there.  Creative Memories, Tastefully Simple, Longaberger, & Mary Kay just to name a few, there is something for everybody.  Incorporating a home based business like this into your hobbies, clubs or PTA can be very rewarding.

My sister in law is a medical transcriptionist.  You can take a home course and get licensed.  Medical transcription was listed as one of the top home based jobs on MSN recently.

Somebody once told me kid’s stuff always sells even in a soft economy, and they are right.  If my husband and I have a little extra it always goes toward our daughter.

I started thinking about what I liked to do and what made me happy.  If you do this I found it doesn’t feel like work.  You will enjoy yourself rather than dreading getting up to start your day.  I consider myself a life-long learner so doing research made me feel empowered in some way.  As I am sure you already know nobody will change your situation but you.  When all else fails update your resume.  I find this to be a great morale booster.

Make sure you let all your girlfriends know what you are doing.  Put out there what you want to accomplish.  People for the most part want to help people, especially women helping other women.  So once you put it out there people will do what they can to help you achieve your goal.

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