How to Live on One Income

Two-income households make the transition from living on two incomes to one for a variety of reasons. Maybe the wife gets pregnant and decides to become a stay-at-home mom or maybe one of the spouses decides to go back to school and needs to focus on schoolwork. Whatever the reason, going from a dual-income household to a solo-income household can be daunting.For those used to living on two incomes, it is important to do some preparatory work in advance of making this kind of major financial transition.So, are you seriously considering of making such transition from multiple paychecks to living on a single income? The tips on this book can help.