How Many Here Are Two Income Families?
 

I in wanting to have a family, also wanted to be able to have my wife stay at home.

Alas that hasn't happened.
While I make a decent pay cheque and am grateful for every penny, we also find it hard to provide a living for our family on just one Paycheque.

I often comment when people look at my signature that upon seeing my signature for the first time, my then future wife to be said, "you should have been a Doctor!"
I then say, "yeah, and when she sees my paycheques she says, you really should have been a Doctor!":hypercoffee

Seriously, am I the only one who finds things expensive, or is it just because I live in a major city with a high cost of living?

My wife started a second job that goes from 9 PM till 1 AM Mon-Fri just because she can find no baby sitter in the daytime.

This isn't a thread to complain, but to compare.

"Do you think that parents need a dual income nowadays to make ends meet?

We did one income for six years and it was not easy. I just started working part-time and it's still not easy. I guess we are just not suppose to get to comfortable here. This world is not our home, we are just passing thru.

We're just a one income family, but I have been a good steward of our finances, and we get along just well on one income...my wife has been a stay-at-home for about 2.5 years...


....bro, do you live on a budget? Have you managed your finances with a program such as Quicken to see how your bottom line is doing? You will find that helpful, IMO.


The question we have to ask ourselves is: How am I managing "Me, Inc"...would I invest into my company as a shareholder because of how my company "Me, Inc" is managed....tough questions to ask, but necessary.

One income. My wife is an unemployed RN. I work long hours to make the numbers come out, but we feel it is worth it.

Kristin and I feel it is the will of God for her to be with the children at this time, so the monetary value is not a primary factor in the decision.

Yes everything is expensive, I agree.

I agree about the budget. We do it too, but a lot depends on the income (jota-piedra).

True, but in Canada Gas is almost 5 bucks a gallon! House prices are $800,000
for a new house in the cheapest part of town.
Rent prices reflect that.

We don't live in a major city with high cost of living!

I don't know of one couple that one ofd them didn't make a hgundred grand or more a year.

:faint:faint:faint

Yeah, and the clincher is we make more oil than we consume.
We export a Million Barrels or more a day to the States every day!
Gas prices should be about 2 bucks a gallon!

Rob- Some choose to have the wife work a little bit so that Dad can spend some time with the kids rather than working a second job and never being home. Many ways to skin a cat...:hypercoffee

We're going from two incomes to one...we'll be fine, but it'll be tight. My wife has only "worked" for one year, so we're actually somewhat accustomed to living on my income.