4. Double up on baths

If you have two or more children, throw them all in tub at same time. Do it while they are little because you can't do this later. The kids will enjoy being able to splash in tub together, and it will save you time as well.

5. Buy second hand clothes

No sence in buying hundreds of dollars in new clothes when they grow out of them so fast. Have a few sets of nice, new clothes, but buy majority of them from second hand stores or garage sales. When they grow out of them, you can hold a garage sale yourself or donate them back to second hand store.

6. Breast feed, if possible

Formula is expensive! It's amazing what a newborn can eat, so if possible, alway breastfeed them for first several months. Not only is it free, but you are also getting your child off to a wonderful start.

These are just a few ideas that you can use to cut costs. Take some of that money that you will save over year and do something special with kids!

Now take a look at those two numbers - your costs and your income. Which is more? The costs or income? If your income is more, how much of that is going to taxes? Would you actually be saving money by staying home?

This simple excersize will give you an idea of what decision to make next. Whatever you decide, make sure you choose what's best for you!

About the author: Kara Kelso is a work at home mom of two, and the co-owner of MHMM Ezine, which is an informational newsletter just for moms in business. Recieve business tips, parenting tips, and more when you subscribe at: http://www.momsezine.com/mhmm.html