Search Results for: blog five financial areas to consider when choosing to be a stay at home parent

Single Parents and Work

The average single parent has to work. They don’t have the option to be a stay at home parent, as much as some of them would like to be. This means that they have to get a job just to pay for things like food, shelter, clothing and, once employed, child care. Some single parents receive child support to help pay for the basics, and some get extra, to help pay for childcare, some don’t. It honestly doesn’t matter whether or not they get it, because in most cases, it’s not enough to live off of without still having to … Continue reading →

Five Financial Areas to Consider When Choosing to Be a Stay At Home Parent

Are you considering making the switch to being a stay at home parent? This can be a difficult decision to make. It can mean a significant loss in income. It may mean putting some of your money goals on hold for a time. It can also mean sacrificing your career for a short period of time. Here are five financial things to consider as you make the decision. 1) You need to look at how much income you may be losing. Many couples today have the parent who makes the least amount of money stay home with their children. If … Continue reading →