If you're living paycheck-to-paycheck, you're probably not ready to have one parent stay home
Having one parent stay home with children means losing one salary, and it's not right for every family. Several signs that stay-at-home parenthood isn't right for your family include a high debt-to-income ratio, a negative cash flow, and a lack of an emergency fund. If you will face any of these financial situations, being a one-income family might not be right for you. Read more personal finance coverage. Having one parent stay home isn't for every family.
Having one parent stay home with children means losing one salary, and it's not right for every family. Several signs that stay-at-home parenthood isn't right for your family include a high debt-to-income ratio, a negative cash flow, and a lack of an emergency fund. If you will face any of these financial situations, being a one-income family might not be right for you. Read more personal finance coverage. Having one parent stay home isn't for every family.
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