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View Poll Results: Is it absolutely necessary for two incomes on LI?
Yes 20 60.61%
No 13 39.39%
Voters: 33. You may not vote on this poll

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Old 11-06-2011, 08:23 PM
 
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Are you a dual income family or is there a stay at home mom (or dad) in the mix?
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Old 11-06-2011, 08:26 PM
 
Location: Islip,NY
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dual income family here but I only work part time
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Old 11-06-2011, 08:28 PM
 
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Quote:
Originally Posted by lubby View Post
dual income family here but I only work part time

Necessary??
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Old 11-07-2011, 05:08 AM
 
Location: Islip,NY
16,929 posts, read 19,666,757 times
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well for us it's needed but working only part time now after working almost 9 years in a full time job making double what I make now. i work in a public school so there are benefits to that.we survied a year and half with just hubby's salary while I was laid off so we aren't doing too bad and we are not struggling and have no kids.
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Old 11-07-2011, 05:28 AM
 
7,658 posts, read 16,218,002 times
Reputation: 1290
Quote:
Originally Posted by lubby View Post
well for us it's needed but working only part time now after working almost 9 years in a full time job making double what I make now. i work in a public school so there are benefits to that.we survied a year and half with just hubby's salary while I was laid off so we aren't doing too bad and we are not struggling and have no kids.
Understood.
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Old 11-07-2011, 05:47 AM
 
Location: under the beautiful Carolina blue
15,723 posts, read 23,957,202 times
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I think it depends on too many things ... honestly.

Kids or no kids? How many kids?
Rent or own?
If you own, when did you buy?
If you own, what are your property taxes? Are they still around the same level they were at when you bought?
What sort of benefits do you get (ie are you paying $1000 a month for medical insurance or is your company picking up most of the tab?)
And so on.

When DH and I bought our house in 1997 home prices were reasonable, we had no kids (and didn't for a few years), had good jobs with big companies that offered reasonable medical with a 401(k) AND a pension (really!)...fast forward 13 years and our taxes had nearly tripled, he was self employed with all that entails and I was mostly a SAHM w/ 3 kids, lucky enough to pick up part time temp work when I wanted to. That's a whole different set of circumstances in just just 1 family!

When we moved out of GC, I knew quite a few women who were looking to get back into the workplace after being SAHMs because things had gotten so expensive - timing was kind of rotten and I'm not hearing of too many who were successful. Kind of tough when you're going up against people with recent experience who are pounding the pavement every day. OK, straying OT here - sorry!
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Old 11-07-2011, 05:48 AM
 
1,481 posts, read 2,707,131 times
Reputation: 978
Quote:
Originally Posted by Crookhaven View Post
Are you a dual income family or is there a stay at home mom (or dad) in the mix?
Yes, Im a DINK = Double Income No Kids
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Old 11-07-2011, 06:01 AM
 
7,658 posts, read 16,218,002 times
Reputation: 1290
I thought I implied kids with the SATH Mom (or Dad) thing?

Quote:
Originally Posted by twingles View Post
I think it depends on too many things ... honestly.

Kids or no kids? How many kids?
Rent or own?
If you own, when did you buy?
If you own, what are your property taxes? Are they still around the same level they were at when you bought?
What sort of benefits do you get (ie are you paying $1000 a month for medical insurance or is your company picking up most of the tab?)
And so on.

When DH and I bought our house in 1997 home prices were reasonable, we had no kids (and didn't for a few years), had good jobs with big companies that offered reasonable medical with a 401(k) AND a pension (really!)...fast forward 13 years and our taxes had nearly tripled, he was self employed with all that entails and I was mostly a SAHM w/ 3 kids, lucky enough to pick up part time temp work when I wanted to. That's a whole different set of circumstances in just just 1 family!

When we moved out of GC, I knew quite a few women who were looking to get back into the workplace after being SAHMs because things had gotten so expensive - timing was kind of rotten and I'm not hearing of too many who were successful. Kind of tough when you're going up against people with recent experience who are pounding the pavement every day. OK, straying OT here - sorry!
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Old 11-07-2011, 06:08 AM
 
Location: Sound Beach
2,160 posts, read 6,537,293 times
Reputation: 876
I've got 2 jobs (Navy reserve), and we'd be sucking without it. But, we've also got 60K in adoption expenses for our girls. So I voted that it's not necessary with the caveat that you can't carry a boatload of debt.
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Old 11-07-2011, 06:11 AM
 
Location: under the beautiful Carolina blue
15,723 posts, read 23,957,202 times
Reputation: 11687
Quote:
Originally Posted by Crookhaven View Post
I thought I implied kids with the SATH Mom (or Dad) thing?
Sorry - was just looking at the poll question and not the post.

More reading issues on my end.
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