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11-25-2004, 10:59 PM #1
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how many transitioned to one income?
We transitioned from a two income family when I was pregnant with Zachary. It's been 6 yrs now. Gabe's income has increased in these 6 yrs, but definitely not to an income we had before when I worked.
I find it ironic that some families can't afford dual incomes and some can't afford single incomes.
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11-25-2004, 11:07 PM #2
We transitioned to one income when I stopped working almost 4 years ago due to health reasons. You're right Sara, it is a very different lifestyle! Although I have to watch my spending, I am so much happier to be home.
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11-25-2004, 11:26 PM #3
we were a one income home for 3 years. i had been working full time for 3 or 4 years when dh's company moved him to CT. daycare costs would have been more than i could make in retail so i stayed home. after an adjustment period for me, i'd have to say we were better off on one income. there were a lot of pinched pennies but i think we were all happier then, certainly a lot less exhausted. my goal right now with both of us working again is to pay things off so we can go back to a one income family. or at least me drop to part time and my paycheck go into savings.
when we moved back to VA, dh hadn't found a job so i went to work since finding a job in retail is easier than finding one in IT security. i have continued to work because dh took a pay cut with his job here compared to his job in CT.
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11-25-2004, 11:38 PM #4
We've been a one income family for 11 years, and we've done just fine. I'm not a big spender, which has been quite helpful! However, I am going to go back to work on a casual, on- call basis and see how that goes.
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11-25-2004, 11:39 PM #5
We became a one income family (couple actually, since we didn't have ds then) just over 7 years ago when I was laid off from my job.
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11-26-2004, 08:04 AM #6
We have been a one income family since Josh was two...almost 16 years. Except for the 2 1/2 years I worked nights in high tech.
We do supplement our income with my crafts, teaching knitting and DH sells scavenged VW parts on the internet.
Our long term goal is to be able to live on our supplemental income only. NO salary!!
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11-26-2004, 08:32 AM #7
We went to a one income family 20 years ago, just before Nicole was born.
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11-26-2004, 08:40 AM #8
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We went to 1 income 5 yrs ago this May when I left my job to stay home with Kathryn (and Lauren was on the way).
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11-26-2004, 10:36 AM #9
We are a one income family. I have worked several times, but it always interfered with our routine. Matthew would rather me stay at home and I don't mind it....
We make minimal income but we are happy. My husband is farming, which he loves and we have everything we need. There are times we want things that we can't have, but it (money) has never really been a big burden in our lives. I always tell everyone that it wouldn't pay for us to be rich because we would just give it all away anyways. I thank God for a giving heart and for Matthew's giving heart as well. Paying it forward is more rewarding than money to me......
Sorry, I got a little off topic!!!
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11-26-2004, 03:56 PM #10
we went from being a two income family to one income last november when I closed down my technical writing business. I've never regretted that for a second. Now we earn what we can in a store we own. DH works 5 days a week and I work 2.
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11-26-2004, 11:32 PM #11
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When dh got sick, we lost his income--- so now we exist on my income (thankfully- I make decent money)
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11-27-2004, 12:24 AM #12
We became a one income family 15 years ago, just before dd turned 2. We have always managed to make things work......some years were much harder than others but we have survived!
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11-27-2004, 08:33 AM #13
We did in 2002 so I coud stay home with DD. Cut our salary in half literally. It was hard but we wouldn't have it any other way.
Melina
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11-27-2004, 08:58 AM #14
We are live off Dh's income and put my small PT income on debt snowball or savings. My income is 500-700 monthly for 12.5 hrs weekly.
We could do one but it would take us longer to be debt free.
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11-27-2004, 11:33 AM #15Originally posted by rodmick
We live off Dh's income and put my small PT income
.... for 12.5 hrs weekly.
Same here-- I went from working 40-50 hours a week down to 12 after DD was born, and I wouldn't change that for anything! I work two six-hour days a week, on DH's days off, so DD is rarely with a babysitter. After we have more kids I'll probably stay at home full-time.
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