This crazy world has many mothers considering leaving their jobs to be stay at home moms. Our reasons for making this decision could vary, however we do seem to arrive there the same way. It is important to take a hard look at your lifestyle and determine, can we afford this, or does our current living standard prevent this goal? Our desire to be a stay at home mom could force us to re-align our priorities, and possibly sacrifice some of the comforts we love! Interestingly though, a question many of us fail to ask ourselves is "what does it cost me to go to work each day"? Your answer to that question could be a surprise. Find a sheet of paper and get ready to some math. You could be closer to achieving this goal than you think.
There are several factors to consider, but I consider the following the "biggies". Day care is a huge expense, in some cases as much as $12,000 a year for one child. Add it up, what are you spending each week? What about your clothing? Not only are you spending money on your business attire, but you are spending money on dry cleaning, pantyhose, shoes, nails, make-up etc.
Your food bill can add up fast. If you are like me, I was all about going to lunch every day. I needed the mental break and found that getting away from the office for a my mid day meal did the trick. That mid day break hit me in the pocket book hard. What is your lunch costing you each day? Also, with gourmet coffee shops on every corner it is easy to get sucked in for a nice cup of java. What about your late afternoon vending machine pick me up? Last but not least, how often do you pick up dinner on you way to the house, go to dinner to avoid having to cook anything when you get home. Now how much are you spending on food.
What are spending on fuel each day? Your mileage adds up daily. High mileage causes the value of your vehicle to decrease. The more you drive the more maintenance is required on your car in the form of oil changes and tires. How much more are you paying for your car insurance as a result of going to work each day? Some insurance companies provide a discount for less driving, some even have insurance policies based on miles driven.
Another to consider is your income tax. How much more are you paying in income tax, because your additional income is throwing you into a higher tax bracket? Not to mention, you could be missing out on certain tax breaks as a single income household.
Now, add all your expenses up and deduct them from your income. Now, what is your income? Push it a step further and take the amount left over and divide it by 2,080 hours in a work year. Where does that take your hourly rate? Is it worth it to even go to a job at that rate? This can be an eye opening exercise, it definitely was for me! It was my catalyst to make the leap to stay at home mom.
Excuses Not To Go To Work
The summer has come and gone and we're into the fall season. You may have spent a little extra time during the summer engaging in some R & R and are now back to a regular work schedule. It's probably a good time of year for you to review your affiliate program relationships. With the busy selling season just ahead, you want to make sure you're associated with the right ones for maximum revenue.
The first thing to consider is "promises or guarantees" initially presented to you by your affiliate program. Did the affiliate program give you what they promised they would give you? If they promised you commissions of a certain percentage, did you receive those exact commissions and not a penny less? Did your affiliate parent promise you tier two incomes? If so, did you receive this level of income?
Did your affiliate agreement state you would have access to a tracking service, in real time? Being able to track your traffic, conversions, and downline activity is an important aspect of affiliate marketing. If the program did not offer you this tool, you should ask why. You want to be able to verify your revenue streams when you are part of a program.
Consider the commissions you earn for amount of time, energy, and money expended. Accountants and finance folk call this ROI or return on investment. You want healthy returns, in the form of affiliate income, for your various efforts and expenses. Compare similar affiliate programs to yours. Do they offer the same benefits as the one you are in, with higher commissions? Maybe it's time to jump ship, as long as the quality of product and service is the same or better.
How about the support provided to you by your upline? Are you satisfied with the help you receive from an affiliate program manager. Do you have an upline mentor assigned to you? If so, do they keep in touch with you via e-mail, telephone, video-conferencing, chat-portals, and the like? Remember, those above you in the affiliate chain of command probably have more experience than you do do. They should be offering you the benefit of their knowledge, for your sake and theirs as well.
This is especially true concerning your affiliate program manager. They not only have a wealth of knowledge to pass on to you but resources also. Tap into their resources, which may include article material for your websites and blogs. It may also include pre-written advertisements, and pre-written sales letters for e-mail campaigns. They may also offer you live teleseminars to aid you in becoming a better affiliate marketer. Evaluating your program manager can help you decide the value of the affiliate program.
Evaluate your affiliate program for bonuses, rewards, extra commissions, and such. Of course, you want healthy commissions to start. However, do they give you the opportunity to build on those commissions? If you increase your referrals to the affiliate parent which convert into sales, do they increase your commissions? Do they provide any other incentives for doing so?
Finally, does your affiliate program allow you to keep your referrals for life, no matter when they decide to purchase? The good programs allow you to earn commissions from a referral ad infinitum. Check to make sure that there is not a 30, 60, 90, or whatever number of days stipulation on how long a referral stays connected to you.
Operating as a profitable affiliate marketer means constantly evaluating your affiliate programs. You're in business to make money and you need a quality affiliate program to help you do just that. There are many affiliate programs out there. Take the time to pick those who are the cream of the crop.
Both Tracy Martin & Brad Mcgovern are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.
Tracy Martin has sinced written about articles on various topics from Family, Finances. If staying home is your goal, it is Tracy Martin's desire to help you. Her website is dedicated to helping you find ways to save money and make money so you can. Tracy Martin's top article generates over 1000 views. Bookmark Tracy Martin to your Favourites.
Brad Mcgovern has sinced written about articles on various topics from Network Marketing, Writing and SEO Articles. Brad McGovern is the Marketing Manager at Article Marketer, and offers advice and news of note to article marketers. Watch for. Brad Mcgovern's top article generates over 22200 views. Bookmark Brad Mcgovern to your Favourites.
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