Auto/Economy
11:59 am
Thu April 19, 2012

Changing Expectations: Considering every variable is difficult, if not impossible

Michigan Radio is partnering with Changing Gears to share stories about how people are planning ahead and how their expectations have changed in light of the recession. You can read those stories here.

Angela Dugan writes:

I am doing better than my parents, mostly because I am not a stay at home mother like my mother was. I also make more money than my husband.

We are working on starting a family, and I am struggling with the decision to stay at home or continue to work. It is both a question of what’s feasible economically, and what is best for our children.

My biggest concern is being able to afford a lifestyle that we are happy with if I choose to stop working once we have children. I make more money than my husband, so it would be a big change unless he ends up being the one that stays home. We are currently renting a home we could not sell, but at a huge loss, and our new home needs a lot of repair work.

To some extent, I feel that even though I’m doing the best I can to invest wisely and save as much as I can, a lot of variables are simply out of my immediate control.

You can help us cover this topic by sharing your story. How are you planning for what comes next? Tell us by following this link.

This story was informed by the Public Insight Network. If you want to learn how to be a part of our network, click here.