Ep #147: Should Your Spouse Work?

As a high-earning ER doc, inevitably if or when you have a significant other, the topic of “should they work?” will come up. And that decision, though likely very personal in nature, actually has a lot of added financial layers that don’t exist in, say, the case where both partners need to work in order to fund the household. 

In today’s episode, we explore the financial dynamics of dual-income households, get into all the variables at play including many that get overlooked, and give our positives and negatives on each side. We think you’ll be shocked at how much (or little) a $40,000/yr salary spouse actually takes home after accounting for the variables we’ll discuss today.