Quote:
Originally Posted by Chocaholic
With three kids, we decided to forego my wife's income ($70k...ouch). It's been 14 years since we made the change and I can't imagine doing it any differently. She's always there for them, voulenteers at the elementary school, helps them with homework, etc., etc.
Even though I travel almost every week, the result is three happy, well adjusted kids. If we had grandparents or close family in the area perhaps it could have worked out with both of us working. You have to determine your own priorities. I can tell you, with the benefit of 14 years of hind-sight...consider one of you staying home. For us, it was the best investment we ever made.
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We decided to go the other route, with a lot of trepidation at first. We were prepared to have her stay at home should we feel that was needed. I structed all our investments so we could revert to a single income instantly.
Fortunately, we didn't have to. I have two really bright, well adjusted kids...they are the finest kind.
My opinion is that you can be successful in either path...or you can fail
