Friday, April 18, 2008

"Do children always suffer when both parents are working?"

Author Biography: Robert E. Emery, Ph.D. is professor of psychology and director of the Center for Children, Families, and the Law at the University of Virginia. A frequent lecturer, he is the author of more than one hundred scientific publications and several books. He is the father of five children. He stated that When both parents are working they spent less time together with thier family, they get stress beacause of their bundle upcoming works and eventually they fough at each other to relieve the tense! which often resulted in a divorce. one million children are affected by divorce each year. Emery believes too many couples say they don't want their children hurt by their divorce, but the children still end up stuck in the middle, almost always facing discomfort. One of his examples is about a vindictive couple whose children are hurt by their anger over the failed marriage.

Five Reasons Why Both Should Work
From this analysis, I may have led you to conclude "no." But it's not that simple. Thus far I have presented only half the issue, so let me come to the defense of women who have young children and who work outside the home. There are four reasons why it can make a lot of sense for both Mom and Dad to work:

Reason 1: Protect Your Career
If the wife gives up her job, she could do irreparable damage to her career, because her colleagues (competitors?) who don't take five years off continue to climb the corporate ladder.

Reason 3: Don't Forget Retirement Benefits
Women in the U.S. typically retire with lower Social Security benefits than men, because women tend to work fewer years. Ditto for company pension plans; if you quit work for five years, you'll pay the price later in the form of a sharply lower retirement income. So forget about the small loss today; staying home with the kids can pose a huge economic loss later.

Reason 4: The Parents Mental Health
Some people just are not well suited to stay home with their kids full-time. They need adult interaction. For example, a working mom, had a job whose income was so low she actually spent $35 week more, net of child-care expenses, than she earned. "Well, it's cheaper than therapy!"

Reason 5: To Improve Your Child's Development

Point well taken: The value of interpersonal communication skills for a child shouldn't be dismissed.
So, should you work or stay home? Clearly, it's not an easy choice. Yet, more and more employers are offering flexibility that might help make it easier than before for both parents to work. Job sharing, flexible work schedules, and working from home are some of the options available in today's workplace that you should explore as you try to resolve this issue.
My point is that you have a choice. Too many parents do not realize that options exist. Too often, parents assume they must work without considering the alternative. To be a success with your financial planning, you always must examine your options. And proper planning is perhaps nowhere more important than when it comes to raising your children.


Done By ErMa

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