One of the reasons I am often given for why a would-be midwife puts off her training is money. Truth is, it can be very expensive to be a student. I remember how unreasonable the costs seemed when I first became certified as a childbirth educator. I needed to buy about 5 books, pay for a membership and certification fees and of course attend a seminar that meant travel and hotel expenses. The total cost, because I went with a more expensive program, was about $2000. It took me the better part of 2 years of teaching childbirth classes to make the money back forRead More →

I have a very short break between terms. I am trying to use this break to update all the to do items that have been piling up for my business.  It’s true, I’ve been neglecting my business.  Part of me is sad to watch the website and books stagnate – I have put so much work into them and I have so much information I would LOVE to add now. But I need to be realistic about my life, my family and my health.  I cannot do it all. So for the last 24 hours I have been trying to catch up on finances.  IRead More →

It is tax time here in the US, and for many families that means making decisions about how to spend their tax refund. If you were thinking of using yours to start your training or your business, I want to encouarge you to do two things. First, be sure you know how much you will be borrowing from your family and make sure you have a plan to pay it back. Remember, this is an investment in your business.  As your business begins to make money you must first cover any expenses before you make a profit.  By keeping track of every penny you spend,Read More →

It’s that time of year again. Time to roll out your income and expense sheets and start getting your tax information ready. This year will be a new experience for me.  I’ll be filing in a new state and as a different business entity.  I’m not sure about all the issues I’ll need to understand, but that’s what accountants are for. It is important to keep information about the income you earn from your birth business, but most birth professionals seem to be better equipped to manage the emotional needs of labor than tax forms.  Here are some rules I follow, use them as aRead More →

I thought I better clarify something I said yesterday.  I am NOT bad with money, and I do a good job of making sure my business does not lose money for my family. But I do not do a good job of keeping the accounting software I have up to date. I could, accounting software is really easy to navigate once you have it set up. It would take less than 10 minutes to make sure a transaction was entered correctly, and then I could get any information I wanted about what books are selling at the touch of a button. But really, that doesn’tRead More →