How to become a one-income family1 of 9It's no myth: More couples than ever are relying on two incomes to get by.According to the Families and Work Institute in New York, 79 percent of today's married couples have both people in the work force, up from 66 percent in 1977.But at some point, life happens -- you start a family, go back to school or face a layoff -- and this new reality may force you and your partner to question whether you're ready to jump off of the dual-earner treadmill.While there are steep odds to overcome, living with only one family income can be done with thorough planning and a willingness to make choices.<< Back to the Frugal Living Guide. Related Articles:Save money on groceries10 ways to save on carsTweet for sweet dealsGroup buying saves moneyRelated Links:331 ways to cut costs!Saving goals calculator100 tips to help you saveSaving on foodadvertisement
It's no myth: More couples than ever are relying on two incomes to get by.
According to the Families and Work Institute in New York, 79 percent of today's married couples have both people in the work force, up from 66 percent in 1977.
But at some point, life happens -- you start a family, go back to school or face a layoff -- and this new reality may force you and your partner to question whether you're ready to jump off of the dual-earner treadmill.
While there are steep odds to overcome, living with only one family income can be done with thorough planning and a willingness to make choices.