Tuesday, May 29, 2007

Stay-at-Home Economics

Here's an interesting article on the economics of a woman staying at home.

HT: Ashley

7 comments:

ashley@twentysixcats said...

Hehe wow that's a really old website address you linked to there. :-)

I'm glad you posted this article. I thought it was really well written! Makes me excited to be a stay at home mom!

Lydia said...

Oh, are you a "mom" Ashley? Is this a clever hint at an announcement? ;-) Or were you referring to being a future stay-at-home-mom?

I'll have to read the article. Sounds intriguing. :)

ashley@twentysixcats said...

Hahah no announcement. :-) I meant FUTURE stay at home mom. Or perhaps a stay at home wife. But nothing in the works just yet. :-)

Lydia said...

Well, okay, Ashley. Just checking. ;-)

I finally got around to reading the article, but it sure was hard to find! I think you may need to change your link, Susan. :)

This commentary seems to make some good points to me. From what I have seen of women who are part of double-income families, the womens' income goes to support a more lavish lifestyle rather than meeting basic living necessities or keeping the family from financial ruin.

Having adequate health insurance is certainly a good way to protect one's assets, as this article points out. A single health incident without good coverage can put one tens of thousands of dollars in debt almost immediately. I am NOT exaggerating here. However, it doesn't seem to be true in the cases the feminists assert for women to work outside the home.

Even though my mom stays home we live quite comfortably. Granted, we can't afford to drive late model cars or live in an exclusive neighborhood, but our needs are more than provided for by my father's income. Of course, I am paying most of my own expenses now while working full-time. There seems to be enough from my dad's income to send two, now a third, children to college. Of course we're pretty low-cost in that area also. We live at home and we get scholarships. My brother was working nearly full-time while he was in college. No student loans taken out. :)

I think if people would be willing to live with less stuff and extras many families could afford a single-income budget. It all depends on one's standard of living.

From what I have seen and experienced, money and possessions do not buy happiness. They just own you and make you a slave to them.

Susan said...

Yeah, Mother Dear also told me that the link is weird. She said the bizarre thing is that if you hover over the link, what displays in the lower bar is not the url it actually shows when you click on it. *sigh* I'm not even sure how to fix it, but I'm glad you found it, Lydia!

kalipay said...

http://www.townhall.com/Columnists/MeganBasham/2007/05/25/stay-at-home_economics

there is the correct link. :)

Susan said...

Thank you. I don't know why it messed up before :-/.