Can You Afford to Be a Stay-at-Home Mom? Practical Steps To Make This Dream A Reality

12/05/2025 54 min

Listen "Can You Afford to Be a Stay-at-Home Mom? Practical Steps To Make This Dream A Reality"

Episode Synopsis

Do you dream of becoming a stay-at-home mom but wonder how to make it work financially?In this inspiring episode of the Thank Me Later Show, we sit down with Shan’Tell Boyce, a woman who made the leap and turned her dream into reality a few years ago. She shares her honest journey—from cutting expenses and having difficult conversations with her partner, to the sacrifices, mindset shifts, and strategies that helped her family make it work.Whether you're just starting to consider this path or are already in the planning stages, Shan’Tell’s story is packed with actionable insights and relatable advice to help you design a life centered around motherhood and intentional living.If you tune into this episode of the podcast and apply the tips, I promise that you will #thankmelater! #thankmelatershow #thankmelatermoney #jinithornton #moneycoach #financialexpert #sahm #stayathomemom #stayathomeparent STAY CONNECTED:Connect with Thank Me Later:https://thankmelatermoney.com https://www.instagram.com/tmlmoney https://www.tiktok.com/@tmlmoney Connect with Jini:https://jinithornton.com/https://www.instagram.com/jinithornton https://www.tiktok.com/@jinithornton https://www.linkedin.com/in/jinithornton/ ______RESOURCES: Join the TML Community: https://www.thankmelatermoney.com Get your copy of the TML Couple’s Money Guide - https://thankmelatermoney.myshopify.com/collections/shop/products/couplesmoneyguide ______TIMESTAMPS: 6:30 - How Shan’Tell’s family planted seeds for her to become a stay-at-home mom 8:48 - The financial challenges of maternity leave that influenced Shan’Tell’s decision 13:21 - The importance of reducing expenses and increasing income before becoming a stay-at-home parent 16:58 - The conversation that Shan’Tell had with her husband to begin her pivot 18:15 - The step-by-step process to make a stay-at-home mom dream a reality 23:01 - Why side hustling is key to making the transition 24:20 - Handling benefits and retirement 28:23 - How they handle bills and money in the household29:08 - How far in advance to prepare 31:30 - Having a strategy for your car note 34:33 - The importance of reassessing your plan 35:15 - The perception of being a stay-at-home mom, especially as a Black woman37:29 - The shift that happens when your kids get older 41:37 - Shan’Tell’s top tips 42:23 - A day in the life of a stay-at-home mom46:36 - How they handle household chores and responsibilities 48:18 - Self care routine as a stay at home mom

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