Comments on: Sacrifices Stay at Home Parents Make When Living On A Single Income

By: Smallivy

Smallivy — Thu, 12 Sep 2019 19:11:03 +0000

As far as finances go, it’s rarely a sacrifice. If you add up childcare, meals out, gas, work clothes, and other expenses, unless the full-time parent spouse makes more than $50,000 per year, you may be better off with the single income. Keep in mind that you’re also not paying taxes when you’re saving money, income or sales.

By: Ansley @ Financial Literacy $chool

Ansley @ Financial Literacy $chool — Fri, 10 Aug 2018 17:42:52 +0000

Great post, and one I think lots of families need to consider when discussing having children.

I stayed home with my daughter for 1.5 years and ultimately decided the stay at home mom life wasn’t for me. I completely lost my sense of self and craved adult conversation and interaction. Looking back, there are many things I could’ve done differently to prevent this from happening, but I think it’s important to talk about what a serious risk to yourself and your marriage staying at home can be.

Ultimately, for my family, the best plan for us was sending our daughter to daycare and having two incomes. She is thriving there, my husband and I are thriving at our jobs, and my husband and I still like each other 🙂

By: Cody @ Dollar Habits

Cody @ Dollar Habits — Thu, 02 Aug 2018 23:48:55 +0000

We are almost 5 years into being a single-income family with two kids and another on the way. We definitely make sacrifices, but having my wife stay home with our kids is something we place a value on. Thanks for this great article, Ty! I’m always inspired by your “Thriving” article.

By: Amanda

Amanda — Thu, 02 Aug 2018 12:53:30 +0000

“Your kids WILL eventually grow up and leave home and will probably start a family of their own.” TRUTH.

Okay, I read this yesterday and found myself thinking about it again this morning when Alan (my husband) and I were out on our morning bike ride today. I’m sooooo grateful we’ve made our relationship a top priority. Our oldest left in June (Air Force) and it’s been quite a transition, but having each other has made it so much easier. I’ve seen others put their marriage on the back burner while raising kids and, once the kids leave, things fall apart. Thanks for the great post Ty! 🙂

By: Aparna @ Elementum Money

Aparna @ Elementum Money — Thu, 02 Aug 2018 05:14:12 +0000

This is such a great post. Most single income posts harp on the joy of being able to see your kids but not the multi-faceted costs that it comes with.

Personally, me and my husband are convinced that we want to continue being a double income household even when we choose to start a family. This post, echoes my opinion and cements my thoughts on this area.

By: Camp FIRE Finance

Camp FIRE Finance — Thu, 02 Aug 2018 04:24:35 +0000

In reply to Mystery Money Man. I like the idea of sneaking into the camper to get some peace and quiet ... and sushi! :) Happy 19th anniversary!

By: Mystery Money Man

Mystery Money Man — Thu, 02 Aug 2018 03:01:33 +0000

Ty, your last point resonates with me so much. My wife and I celebrated our 19-year anniversary yesterday. We ate takeout sushi in our camper in our driveway while the kids watched tv in the house. How’s that for romance, haha. Anyways, I was thinking about the past 19 years, and the reasons our marriage has been so successful. And one of the keys for us has definitely been that we’ve always put each other first. We are better parents to our three kids because of this. And our kids see it too….Mom and Dad are united, they stick together. Marriage is hard enough work as it is, messing up the lines of authority by letting your kids come between you is a recipe for disaster. I should add, we are a single income family as well, 18 years running. : )