9 signs you can afford to be a stay-at-home parent - Business Insider

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Are you going to be giving up your financial goals to stay at home?

, you shouldn't be giving up on your financial goals to have one parent stay home.

"I feel like a lot of young parents or even you know, middle-age parents who are continuing to build their family, they're not ready for this," says Pak."You go to your local daycare center and you ask 'Can I get a quote?' and for one child, it's going to be $1,500 to $2,500 per month. You're thinking, God, that's my rent!"

And, remember that it doesn't have to be permanent."If that's your situation, it would be nice to have one of the spouses stay home long enough to the point where you can send your child to public education first grade without having to pay anything," says Pak. "Healthcare in the year 2019 is just off the charts in a negative way," says Pak."It's almost becoming unaffordable.", but without that, you'd be responsible for much more of that amount.

 

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