[...] to be home until the kids were school age. Neither of us downshifted our spending appropriately for living on one income, and soon we found ourselves in debt. Our growing debt had an interesting effect on our [...]

[...] of junk on credit cards when my wife quit work because we did not gear down spending once we were living on one income.  From talking with other couples in similar circumstances, I understand this is a common [...]

[...] months of expenses in an emergency fund. Three months may be enough for some families, but since we live on just one income we have little to fall back on. A shaky job market, or general angst over the broader economy may [...]

[...] households with two working spouses, make an effort to live on one income and invest the second income.  If one spouse brings home $4,000 a month you just found the source [...]

[...] Lessons Learned from Living Ten Years on One Income (@ Frugal Dad) [...]

[...] Our situation, however, was much different. Our first child was born nearly two years into our marriage. That first year and a half our incomes were extremely low. I had just started working for a bank in a customer service call center, and my wife had trouble finding work after relocating to marry me. I think our first year of marriage we earned about $20,000 combined. The second year wasn’t much better as my wife’s pregnancy made it difficult for her to maintain employment and she came home about six months into her pregnancy. This loss in income affected us more than we realized at the time, and we failed to properly adjust to living on one income. [...]

[...] Live on one income?  FrugalDad talks about the lessons learned from doing this and has some very insightful ideas on [...]

[...] Lessons Learned from Living Ten Years on One Income from Frugal Dad. [...]

Even with all of the unexpected repairs we’ve had over the years I still wouldn’t buy a new car.

Great Advice !