This
article is directed to all you parents out there
with pre-school children who would prefer to quit your jobs
and stay at home with the kids but think you can't because
you think you "need" a second income. Don't be so sure.
That 9 to 5 grind may be costing you more than it's paying
you.
Let's
say you're a parent of two pre-school children and
you're earning $25,000 a year ($500 a week) in your full-
time job. Let's see where the money goes.
First
of all, you don't have family nearby to care for your
children while you're working so you put them in daycare.
That takes care of $150 a week, leaving $350.
You
need a car to get to work and your kids to daycare.
Let's be optimistic and say you have only a modest car
payment of $50 a week. Your other expenses are fuel,
insurance and general maintenance. Fuel is $25 a week,
insurance $10. Allow another $10 a week for new tires,
servicing and repairs. So $95 a week goes towards your car.
That leaves $255 out of your weekly paycheck.
You
work in a professional office so you must dress
accordingly and be well-groomed. Allow $10 a week for
clothes and accessories, another $5 if you're female for
cosmetics and haircare. There's another $15 a week leaving
you $240 out of your weekly paycheck.
With
so much to do to get the kids organized in the morning,
you don't have time to make your lunch so you buy it every
day. At $5 a day that's $25 a week. You're down to $215
a
week now.
And
after putting in a full day at work you don't always
have the time or energy to cook a family dinner from scratch
each night and so once a week you pick up take-out on the
way home ($20 for four people) and spend more on
prepackaged foods at the grocery store each week. Let's put
this at another $20 a week. This additional $40 a week for
convenience foods leaves you $175 out of your weekly
paycheck.
| It is of course not full article. You should login first to show full article. If you have not account, please register. It is FREE!!! |
Elena Fawkner is editor of the award-winning weekly ezine,
A Home-Based Business Online, a down-to-earth publication
containing practical home-based and online business ideas,
telecommuting job listings, original articles, free e-books and
much more. She also runs the A Home-Based Business Online
website at at http://www.fawkner.com.
You can subscribe to her newsletter at the site.
|
