Should My Spouse Work?

Evaluates the financial impact of one vs. two incomes for your household.

Income

$
$
%

Work-Related Expenses (Annual)

$
$
$
$
$

Financial Analysis

$45,000
Gross Second Income
$11,550
Net Second Income
Total Work Expenses$25,200.00
Additional Taxes$11,250.00
Effective Hourly Rate0

Income Breakdown

Gross Second Income+$45,000
Childcare$-18,000
Commute Costs$-3,600
Work Clothing$-1,200
Meals Out$-2,400
Additional Taxes$-11,250
Household Services Saved+$3,000

Recommendation: Working provides modest financial benefit - consider non-financial factors