3 financial realities for work-at-home moms

money rules for self-employed

I often get emails asking about how to get started as a freelancer or how to juggle life as a work-at-home mom.

But while I’m always happy to help where I can, I sometimes think that getting started is the easy part. When excitement is high, expectations seem pie-in-the-sky, and your overhead is pretty much non-existent, launching that home-based business can feel more like play than work.

At some point, though, things start to take off…and self-employed parents find themselves facing tradeoffs and realities they may not have considered, many of them having to do with finances.

Over at Babble, I’ve teamed up with CITI/Women & Co to write about some of the financial realities many work-at-home moms will eventually face:

When I speak to groups of aspiring entrepreneurial women, I tend to hear a few common concerns: work-at-home moms often worry about investing family money into their own businesses (so they try to do everything themselves), feel guilty about taking time away from home and family for their business ventures (so they shy away from hiring help or child care), or they view their income as “bonus money” – and spend it all without ever investing back into their business.

I’ve been self-employed for 10 years, and have definitely made some mistakes along the way (financial and otherwise!) But as I’ve turned my home-based business from a source of extra cash to a full-time income, I’ve learned these financial truths about working from home:

I’d love for you to read the rest of the post and let me know what you think! Are you a work-at-home parent who’s encountered some unexpected financial realities?


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  1. Polly
  2. claudia