Hubby has been retired for more than ten years. Usually he will work at something that interests him for a couple of years then quit and hang around the house for a couple of years then get bored and go back to work, etc. Just last week he decided to work part time and I can see the (negative) impact on our finances already.
The money he makes is good but when you off-set that by the cost of uniforms, gas to get back and forth to work, "lunch" food (sandwich makings, etc), and services (I don't have the heart to ask him to do the yard when he has been working all day so I pay the neighbor kid to do it), I'm not at all sure it's worth it. I'm also pretty sure we will be in a higher tax bracket at the end of the year.
There's been some chat around the boards about a spouse choosing not to work. It really seems that in a lot of cases, it may make sense for only one spouse to work if the family can swing it. The value of a stay at home spouse is often discounted but when you add up the costs of both spouses working versus the cost savings of only one spouse working (ie: savings on day care, meals out, extra costs for food, clothing, gas and taxes not to mention the emotional/social factors that are involved) it may pay in the long run for one spouse to stay home!
Hubby's Back to Work
August 7th, 2006 at 05:46 am
August 7th, 2006 at 02:04 pm 1154955892
August 7th, 2006 at 02:49 pm 1154958598