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I say no, and this is the reason behind that advice.
We made the conscious decision that my wife would be a stay at home mom for our kids. She was very active in their school years becoming PTA prez at every school they attended up through and including high school. That participation paid big dividends when it came to our kids education.
Your kids are just starting out in school.
Are you going to be willing to get involved in their educational development?
It may be different in your neck of the woods, but the parents who are involved with their kids schooling seem to do better.
I'd suggest selling off the rental property, paying off all the debt and keep on working, allowing your wife to be a mother to the kids.
Being debt free and still working you'll be able to offer your kids opportunities that most kids don't get to enjoy.
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Scott
'78 SC mit Sportomatic - Sold
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