Skip to main content
No. of Recommendations: 2

OP indicated she was taking course work online. I concur that the student loan, in particular, should not be used to satisfy the other lenders - thats probably a clear violation of student loan regulations, as well as generally a bad idea.

Regarding a job, a few things that might be open for the stay at home mom include providing phone/chat support from home, or potentially contacting some of the accounting firms in her area looking for data entry that could be done in the off hours. Not sure really how to get her on either of those tracks, but its possible. Also, could potentially work weekends when dear husband is home. There are some other, more entrepreneurial things open to her - Etsy, E-bay, but I don't think they warrant consideration until we get more info on the budget.

At current federal minimum wage ($7.25/hr) is $290 per week before SSI and taxes. I fully expect that it would be very difficult to find child care that could allow you to work a 40 hour week and actually make economic sense at minimum wage.
Print the post  


UGC Disclosure Notice Regarding Credit Card Posts
Community board discussions about credit cards are not provided or commissioned by banks who may have advertising relationships with The Motley Fool. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.
TMF Credit Center
The Motley Fool Credit Center arms you with real tools and simple messages, that will help you in every credit situation.
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.