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Reply to "Is giving up making your own money a bad idea for ANY woman? (philosophical ponderings)"
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[quote=Anonymous]Honestly, I think it's smart to view working as an insurance policy. I think a lot of people don't see the long term value of working and over estimate what daycare costs will do to an income (and don't view retirement contribution or carrying health benefits as important). I originally wanted to stay home full time. I thank god daily I dragged myself to work during those hard times now, though. And I say this as the WOHP with a SAHP spouse. We are in this spot because my spouse can't find a job after a job loss (they are looking but it's hard). From my view, it's incredibly stressful and one thing that has saved my sanity was the realization that we would assume spouse would earn nothing and live on my income. Going from a two income to one is going to require serious cut backs but just crossing your fingers and hoping for a second income isn't going to make it appear. We are going to have to stop living like a two income couple (which really gave us so much more flexibility). Having that back up saved our bacon. And I don't know what my spouse would do if they were left holding the bag because I didn't have a job either. This economy is too precarious, man. [/quote]
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