How much should your monthly target be as a work at home mom?

What should your monthly target be as a work at home mom?

How much should your monthly target be as a work at home mom?

As a work at home mom, you likely have a monthly target to aim for. In fact, you should have a monthly income target to help you work out your hourly rate, whatever type of work you do.

So, how much should your monthly target be?

I really wish I could just give you a set amount to work towards. But the honest answer is that your monthly target as a work at home mom will largely depend on a number of factors: one of those being your current location.

How your location will affect your monthly income target

I’m in a few business groups on Facebook. They’re great for a variety of reasons, including networking and understanding what people are struggling with. Setting rates for their work is one of the biggest questions that comes up.

Many people in the Western world will share their thoughts purely based on their standard and costs of living. But what about areas of the world where the cost of living is much lower?

In one group, someone stated that $3,000 USD per month was a great income. Well, maybe it is in some locations, but it’s not in others. In the United States, it’s possibly a good amount depending on your state and your family size. I know some American WAHMs who aim for $2,000 per month as a minimum, while others need $4,000 at a bare minimum.

But when I was living in the United Kingdom, $3,000 USD was only around £2,040. That’s not enough to live at all. That amount would change depending on the exchange rate, but anything less than £2,500 isn’t all that much to live on, especially for a family of four.


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Now I’m in Canada, that $3,000 is worth around $3,750. These are rough calculations by the way, based on the current exchange rates. They constantly change and I’m possibly going with the lowest rate they’ve been set at in recent months as that’s what I work off to make sure I make my minimum each month.

So, the $3,750 CAD used to be the perfect target. Since moving to a different part of Ontario, our costs of living have increased and that’s now the bare minimum I would need but my target is higher.

In somewhere like the Philippines that $3,000 could be just right. It would work out as 145,260 Philippine peso.

There really isn’t a set monthly target for a work at home mom. It really does depend on your country and your costs of living. So, how do we work out what our monthly targets should be? How do we decide on the income targets? What about your bank accounts? If you need more information on bank accounts then go to site.

What should your monthly target be as a work at home mom?

Breaking down your needs as a work at home mom

You need to think about all of your outgoings—both business and personal. You’re not just trying to break even, but make a profit and have a liveable income. This is likely to routinely change, so it’s important to revisit your needed income regularly.

Think about:

  • Rent/Mortgage
  • Any debts
  • Bank account fees
  • Insurances
  • Car payments
  • School payments
  • Website running costs
  • Food costs
  • Gas prices

When it comes to working out the monthly target, I also factor in the number of weeks holiday that I want to take each year. I want to take four weeks off, so that means I’m only working 48 weeks of the year. I need to make enough each month to allow me to do that, so the target tends to be a little higher to make sure I can put money into the savings to factor each month’s spending.

You’ll also need to factor in any other income that your household has and the size of your family. We have a four-person household and two incomes. This can allow my target to drop a little since I can factor in my husband’s income for other household costs. However, I still want to make sure everything is covered and often keep the target higher just in case something happens to one of our incomes. I have money in savings to help.

MORE: Why you shouldn’t feel bad for choosing a job over freelancing

What should your monthly target be as a work at home mom? I wish I could tell you it should be X amount, but it depends on all your outgoings.

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Alexandria Ingham is a professional writer. She predominately ghost-writes in various niches, including fitness, finance and technology Everything is fully researched and well-written. Under her own name, she writes in the technology, business, history and weight loss niches

2 thoughts on “How much should your monthly target be as a work at home mom?

  1. Hey, Ingham! Am I missing something? $3,000 is like 300, 000 where I come from. Nonetheless, for the 3 years I have consistently worked online, the highest amount I received in one month was $200 that came once from a startup and then varnished to VERY thin air. Otherwise, my monthly income (from writing articles online), is nothing beyond $80!
    What can I do to improve it to somewhere $200 or $300? Kindly help. Thanks in advance.

    1. Hey! This blog is full of great tips to get you going and I do offer mentoring services to help out on a more personal level. I’m also hoping to put together a course very soon that will be more affordable than my one to one mentoring program, so keep watching this space!

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