Our household recently flipped on itself when we made the decision that I would stay home to take care of the kids, be a stay-at-home dad, and my wife would go back to work. We used to be a two-income family. The cash flow was great when my wife and I were working but the extra money didn’t offset the quality of life decision we were making by using daycare. Between the birth of our son and our youngest daughter, my wife decided to stay home for the kids and we would go to one income. After the birth of our daughter, my wife and I switched roles and I’m the primary care-taker while my wife is the primary bread-winner.
I’d like to present some articles that emphasize a one-income family with a stay-at-home parent. Do yourself a favor and give these a read:
Stay-At-Home-Mom: Why My Wife Stays Home With Our Kids by My Super Charged Life
How to Decide Whether to Be a Stay at Home Mom or Working Mom by Cash Money Life
Stay At Home or Pay for Daycare? by Bargaineering
How Much Life Insurance Do You Need For Stay At Home Mom or Parent? by Good Financial Cents
A Mother’s Struggle Between Work And Kids by Free From Broke
My Best and Worst Financial Decisions: They Might Surprise You by Being Frugal
How You Can Afford to Be a Stay at Home Mom by Personal Finance By The Book
What are your thoughts on being a stay at home parent?