WHILE TODAY’S ECONOMY HAS PUT A LARGE NUMBER OF FAMILIES IN THE SUDDEN AND UNEXPECTED POSITION OF HAVING TO MAKE THE SWITCH FROM DOUBLE TO A SINGLE INCOME, SOME COUPLES ARE CHOOSING TO MAKE THE CHANGES ON THEIR OWN.
Becoming a single-income household can mean cutting back on familiar activities or expenses. Though you may feel you can happily cook at home seven nights a week and eat all your breakfasts and lunches in, you might find in practice it’s not as easy or enjoyable as you believed.
If you find eating out once or twice a week is something you’d like to continue then consider reducing your cable bill or recreation expenses instead.
For the partner who stays home, continuing education can provide new opportunities when she or he returns to the workforce when the children get older. For someone who loves children and wants to have a similar vacation and holidays as her school-age children, a career in education is perfect.