Can Both Parents Afford to Work Outside the Home?
have children. There are several issues to consider, and it may surprise you to find out you will save money, if only one parent works. The Expense of Both Parents Working: Some people only look at the aspect of having two paychecks arrive on Friday night to pay the bills. They often wonder why both checks just don’t seem to cover all of the expenses. Sometimes, both parents working outside the home adds to the family’s expenses more than it helps their finances. Sit down and figure up the expenses of both parents working. Remember to write down everything. Daycare expense is a major part of both parents working. Consider the gas for both of you, along with the wear and tear on two vehicles that have to go each and ever day. There are also more oil changes and tire wear when both cars go every day. Parents who work outside the home also have to account for things such as extra workplace clothing, extra beauty products for women and extra pocket money for lunch, soda, coffee or snacks w
