Many families wrestle over the decision over which parent should work, or if both should work. This week for Financial Friday, I have included one of our financial calculators to help you make a decision if you are considering only one spouse working. This calculator is designed to help you see the financial impact of adding, or removing, a spouse's income to your household. As with any decision of this type, there are many factors to consider, but knowing your finances is a good place to start. This calculator has been updated to use the new withholding schedules for 2012.
Should my Spouse Work Calculator?
As always, if you have questions specific to your situation, please comment below or contact my office at 508-540-3683 or by emailing me at firstname.lastname@example.org
Happy Financial Friday!
Cape Cod Moms