It seems like most families can't make it any more on just one single income. While many moms want to take advantage of the years when their children are young, and stay home to raise them, they need to go to work in order to make ends meet. The following is really a look at a few of the questions you have to consider in order to determine if you can afford to be at home. Most of them suffer from things like determining what you can live without in order to be able to afford to call home on one income:

1. Just how much are your bills every month? In order to determine if you can afford to leave your task, you need to determine how much money you would need to have to cover your bills and obligations. Have a few minutes to write down and tally up all of the bills you are obligated to cover each month.

2. How does that equate to your income unless you work? Once you have your bills figured out, you should see if the income of one parent can cover your monthly payments. It might be tight, but if you wish to see if you can afford to stay in the home, you need to see if the income you do generate can support your already obliged money. If it is close, do not worry yet, it may be affordable for you to be at home, you merely have to figure a few more things out.

3. What can you cut right out, pay off, or sell as a way to reduce your monthly payments? Sometimes the monthly obligations exceed one income by too much to make it plausible so that you can quit your job. However, sometimes, several simple adjustments can make it possible. For example, you could cut down your cable television package, cell phone plan, along with other monthly expenses. In addition, ensure that you remove any unnecessary debts. Sell any toys or extras that you have that you will be making payments on and don't need.

4. What expenses can you eliminate if you were to leave employment? (child care, homestay in melaka eating lunch out, wardrobe, etc.) As soon as you figure out how to cut out some expense, look at what other expenses you would save if you were to stop working, so that you can see just how much money you should have from your income. If it is not much, you might be able to stay home simply by cutting out a few extras like eating out an excessive amount of, or the like.

5. Can you lose anything like medical health insurance that would cost more if you stayed home? In the event that you stay home, exactly what will it set you back besides your wages? Are you currently getting benefits that you will no longer have if you quit? How much will that cost to replace? In most cases, insurance outside of a group policy is far too expensive to pay for by yourself. Of course, when you have benefits in the other parent's job, this will not be a consideration.

6. What are you willing to do without in order to be a stay-at-home mother? The real question of if you can afford to stay home is asking yourself you skill without so that you can stay home. Is it possible to do without seeing the first movies that come out? Is it possible to do without eating out? Can you do without television, internet, and further electronic devices?

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