I was talking to a dentist client yesterday who’s spouse is also a dentist. She was working as an associate while he had purchased a practice. When it came time to start a family, she went to part-time as an associate and, eventually, stopped working altogether. Nothing unusual about this story. Fast forward to today. The kids are in grade school so Mom has more time on her hands. Does she go back to work full-time, part-time, or not at all?
Here is an excellent article titled “One Income” by fellow BAM Alliance member, Brad Jenkins, about how families deal with the decision to go from two incomes to one. It is insightful and thoughtful and I know you will enjoy it.