Originally Posted by bluemoose_mom:
Benefits are nice, but...well, so is being able to stay home with my daughter and being my own boss.
I'm with blackcat, both my DH and I are self employed. We do not have medical or life insurance (DD does have medical, which we only pay about 130 for a month). We do have a nest egg set aside, but we've also keep as our debt otherwise as little as possible. We do have to worry about more than our day to day living, but very little besides that.
I agree, I do not know if I could do this without my DH's well paid for job. His income helps me a lot, not really in my month to month expenses, but without my job, our nest egg would not be able to grow, and his left over income would decrease, as more would be put into savings. Not to mention start up costs. I would not have been able to open if he had a different job.
Really, it's up to your individual factors. You have to decide what is best for you family. That's all you can do. Good luck.
^ this except my ins for the kids is much more expensive.
I also have AFLAC.