If money is tight in your household, as it is for many right now, you may be thinking about a 2nd income to help pay the bills and pay for the little extras that make life fun. For some families, it is a great idea to have both parents working, but for others, it may not be as much of an advantage as it may seem. You have to look at your situation, your potential income, and the expenses you will incur by getting a second job to decide if this is a good idea in your case or not. For some people, not working pays more than working, though that does not seem to make much sense.
When you have young children at home, you probably already know how expensive childcare can be. If you have one child, you get a set price. If you have two or three, you may get a cheaper rate each child you add, but this can be very expensive. You have to find out how much you are going to pay for child care before you go out looking for a source of 2nd income to decide if it would be worth it. In some areas, if you get a lower paying job, you pay just about everything you make out to child care. When that is the case, it doesn’t make much sense to work for nothing like a PLR directory.
Some areas of the country have great public transportation. If you live in one of these areas, add the cost of that to the cost of your child care. When using public transportation like buses or subways, you won’t have to spend a lot to get back and forth to work. However, if you live where there are limited or no bus or subway service, you may have to get another car. The cost of a car payment and your insurance can be high. If you add that to your child care, you may be paying out more than you can make with a 2nd income. Many families have been frustrated by this fact.
Once you know the cost of getting a second job or 2nd income, add up what you would make per hour and then what you would spend to go to work. Decide if it is enough to make leaving the house, messing with taking children back and forth to child care, and all the other hassle and expense of having a job worthwhile. Add in clothing costs, gas, and other miscellaneous expenses that will also be added to your list. Some people find that when they look at the numbers, they come out just twenty dollars ahead per week with a 2nd income, which hardly makes it worth the trouble. Some even find they spend more money than they could make.
If you decide that a 2nd income is worth it for you and your family, you can then start looking at jobs knowing how much you have to make to make it worth while. There are great resources online that you can use to find 2nd income opportunities for you. Check out all the job and career sites that have listings for your area, and also at local sources like online classifieds and job recruitment centers. Get your resume out there for the best possible position you can find.