Back on the saddle?

I have the perfect job situation in terms of being able to take care of my child and still have a full time job, working from home.  I don't think there are that many job opportunities that allow you to do that unless you do freelance work, work in design or own your own company.  There are pros and cons to working at home.  On the plus side,you get to work independently with no one literally watching over your shoulder, although obviously you have to perform your job as the people you work with can tell if your doing what needs to be done. You have a lot of freedom that you normally wouldn't have in a bricks and mortar office.  I can run an errand, go to the doctors at whatever time.  I can answer emails in my pajamas.  There's no commute.  I'm always home to accept mail order packages.  And like I said, I have the ability to watch my baby at the same time, which can be a balancing act at times, but it definitely saves on the nanny/daycare expense.  Another plus would be no interoffice politics.  Why? Because I work by myself.  The only politics would be dealt with via email which I think is less of a hassle than when you would have to deal with it face to face on a daily basis.  But sometimes it's hard to separate work from home.  So on the down side, you can end up checking emails at 9PM at night or during dinner time when you should really be spending time with the family.  You don't necessarily feel like you've left the work place and you're headed home since it's all now rolled into one.  Living in a 1 bedroom in NYC, space is limited so I have no formal office - I have a makeshift desk in my kitchen/dining area. I have no daily face-to-face social interaction with coworkers.  I do use the phone and there is lots of email communication but it's not exactly the same as having someone sitting in an office next to you.  But I think the pros outweigh the cons.  Why would I trade my current job in for one where I do need to commute and find a babysitter and make my life more complicated than it needs to be?  Well unfortunately the  financial situation of my current employment is a bit shaky. So in order to protect myself and my family, I think it would be best to at least start looking and see what's out there...You know what they say.. the best time to start looking is when you still have a job, not after you've lost it.  And even if I apply for a position, it doesn't necessarily mean I will actually get asked in for an interview.  It might take a long time before I even get a call back.  It's a little crazy since I haven't been on the job market for a long time.  I'm not even sure what types of jobs to apply for.   Since I've been working with the same people for such a long time, I sometimes feel like I'm betraying my work family.  But if they eventually become unable to pay me my full salary, then how am I supposed to survive, pay rent and care for a baby?  I sometimes wish that I was well off and didn't have to worry about paying the bills, but it's just not the case.  Anyway, shouldn't a job that you put your blood, sweat and tears into provide stability and benefits whether or not you have money in the bank?  I've started looking at companies that I like in the clothing and home decor arenas to see if there are any openings that correlate with my current skills.  Sometimes I wish I was a nurse or something where the jobs always seem to be stable and in demand.  We really were hit hard by the waves of the recession and then the dollar exchange rate.  Not all jobs, like nursing, are as dependent on the market as that.  But then you ask yourself do you need to be practical or do you want to pursue things that you actually enjoy?  I mean having a family, you do need to be somewhat practical.  I can't go off, quit my job and just sell t-shirts on etsy without having some kind of steady income.  So it looks like I have to get back on the job hunt saddle again, and not sure if it's out there but I hope I can find the perfect match.