How to homeschool on one income
When I wrote about the pros and cons of homeschooling recently, I left one major piece of the puzzle untouched: How does a family handle the loss of income if a stay-at-home parent is required?
It’s not just the loss of monthly income. The parent who stays at home doing the bulk of the educating is also missing out on some other benefits of employment (employer contributions to a 401(k), social security benefits, avoiding a resume gap, etc.). These aren’t necessarily easy to quantify.
So let’s take a look at the financial piece of the puzzle to the extent we can; but first, is it possible to homeschool without losing income?