5 Tips to Help Parents Afford HomeschoolingNovember 1, 2022
Guest post by Heidi Rosenberg
Education is the best legacy that parents can pass on to their children. However, the value of this legacy depends on the kind of education parents can afford for their kids. Public school kids enjoy discounted tuition more than those who attend private school. However, the best and most expensive option is homeschooling. Homeschooling allows your children to receive full attention, move at their learning pace, and get the best out of their education. Besides being the best, homeschooling is also the most expensive option for parents. You have to provide all the necessary resources, which cost a premium. There’s no need to feel downcast about this cost. This post details a few ways to raise extra funds to afford to homeschool.
Find Alternative Sources of Income
Looking for alternative sources of income is crucial if you consider homeschooling your child. Apart from your house, if your family has another property, renting out such property is a good alternative. If you reside in New York City, you can secure the help of an NYC property management company to help you attract the right residents to your property and help you make some money that you can use for your child’s homeschooling. A property management company like MD Squared Group will use its proven marketing strategies to ensure that your property is getting the attention of the right tenants. They are responsible for handling rent collection and property maintenance, so you do not have to stress over contacting your tenants to get the rent from them. They also help to value and competitively price apartments for your property.
Cut Down on Your Spending
Cutting down on how much you spend sure helps save a lot of money. If you want to homeschool your child, you need to manage your funds wisely to afford it. Try as much as possible to do away with unnecessary expenses. You can draft a budget each month and ensure you do not exceed the budget. Before you budget a certain amount, ensure the new budget is lower than the former monthly budget. For instance, if your family spends $6,000 a month, you can reduce it to $5,500 and use the extra to cover your child’s homeschooling expenses.
Use Less Expensive or Free Materials and Resources
Compulsory school materials, mainly textbooks, can take a lot of money from you. However, homeschooling your child can save you from these expenses. You can find resources to use online. Even though some of these materials are usually paid for, you can access others for free. You only need to research and find free resources and materials readily available online. Finding free materials depends on your child’s age and current subjects, but you will always find something you can start on platforms like Wikipedia, Pinterest, etc.
Recently, there has been a surge in remote jobs. People now work very efficiently from home. If possible, you can also work from home as this will help you save a significant percentage of your salary. The money you would have spent on transportation and other expenses can be used to fund your child’s homeschooling. This will give you more funds to cover your child’s homeschooling expenses.
Employ Real-Life Learning
You can homeschool your child by teaching real-life learning into their developed curriculum. You can use real-life learning by taking advantage of local opportunities. If you look around your area, you will find places of interest, such as museums, historical sites, aquariums, zoos, etc., where your children can acquire real-life knowledge about things they have heard or learned about. Nowadays, some places conduct classes for homeschoolers at reduced costs, so you can also use the opportunity.
Homeschooling your kids can help you build a better and strong relationship with them because you are with them for most of the day. You will be able to discover their learning abilities and work towards helping them become better in their learning process. If you consider homeschooling your kids but think you may not be able to afford it, then you should apply these guidelines.