Budgeting - Give Up Work?

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Give Up Work?

Printed From: OHbaby!
Category: Support
Forum Name: Budgeting
Forum Description: Want to save before baby arrives? Struggling on one income? Found some great ways to make your dollar go further? Share your thoughts & tips here.
URL: https://www.ohbaby.co.nz/forum/forum_posts.asp?TID=43979
Printed Date: 23 November 2024 at 6:43pm
Software Version: Web Wiz Forums 12.05 - http://www.webwizforums.com

Topic: Give Up Work?

Posted By: WeenieD
Subject: Give Up Work?
Date Posted: 02 April 2014 at 9:01pm

Hi, we're expecting our first child this year and we're not sure how the money side of things works. We're both working now and get around $116k combined. We've tried using the WFF calculators but it sounds like if one of us quit work we'd be down to one income but would still only get a maximum of $11 a week or nothing at all, depending on who quit. Is anyone in a similar boat? Does that sound right? We need to work out if we can afford to have one of us stay at home or if we both have to keep working so we can pay for all the baby stuff, the mortgage, bills, etc. Thanks in advance :-)