Single Income

@kathy77 (7488)
Australia
February 9, 2007 12:29pm CST
Hi Friends and members of my lot I thought that you might like to discuss this topic of being on a single income at various stages in life, most of us find it necessary to exist on a single income. For students, flatters and those living on their own, it often feels that there is never enough to go round. For new parents accustomed to receiving two wages each month, the transition to a single wage can feel rather daunting. Even retirement can bring concerns - will I have enough? Whatever your situation, think of it as a challenge, not a backwards step! Many families are able to thrive happily on a single income.
2 people like this
3 responses
• United States
20 Feb 07
Being a single mother I lived on meager earnings from various types of employment. Now that the kids are grown and on their own I am focusing on what retirement will bring for me and the hubby. Both of us are unemployed and seeking work. If not for unemployment benefits we would broke. Paying bills is a challenge. You rob Peter to pay Paul. Challenge is a good word for it. I am tired of being challenged.
1 person likes this
10 Feb 07
I think if you are used to only having one income you learn to budget around it. If you have 2 then you start to feel you 'need' things which in fact are luxories.
1 person likes this
• United States
9 Feb 07
I am going to be on a single income soon. In a few months I will be quitting my job to take care of my new baby. It will be a hard adjustment but I think it's important to be with the baby. I know it will be tough but I know we can get through it.
@kathy77 (7488)
• Australia
9 Feb 07
Thank you for responding I will be putting out more discussions on how to save money so hopefully my tips will help you to be able to do this I think what you are going to do is the best thing you can do for your baby I did it and it worked out really great for both of us. Good Luck
1 person likes this