‘Factor in taxes, transportation costs, clothing and lunch — what is the true net that you bring home after salary?”
April 18th, 2012
Radical Homemakers: Reclaiming Domesticity from a Consumer Culture by Shannon Hayes
Making It: Radical Home Ec for a Post-Consumer World by Kelly Coyne
“What if the millions of so-called dropouts are onto something?”
Via: CNN:
After factoring in the rising cost of child care, the daily commute and other work-related expenses, a growing number of mothers are figuring out that having a job just doesn’t pay.
“It comes down to a cost analysis and I have several clients that have taken the route of quitting,” said Anna Behnam, a financial advisor at Ameriprise Financial in Rockville, Md. “Factor in taxes, transportation costs, clothing and lunch — what is the true net that you bring home after salary?”
Over the past few years, the debate over which lifestyle is more financially feasible — working and paying for child care versus staying at home — has come up more often among Behnam’s clients than ever before.
For most working parents, child care is by far the greatest expense.
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