All of us want 100 dollar extra to our pocket no matter what our income is. Even if income by one partner for a couple is sufficient enough to meet their requirements who don’t want to have that extra balance to bank account every month. Generally, the obvious solution to this seems to be is an extra earning member. In today’s high paced life & consumerism driven society, none of us can be untouched with the idea of double income. But as we know, everything comes at a price; double income also requires us to pay. Here is a list that focuses on figuring out what kind of problems, risks or financial challenges a double income family generally faces and what can be the easy and best approach to tackle these challenges.
1. Lack of time for sharing emotions between partners
Since jobs are demanding these days & round the clock offices are operating in this global business environment, couples are left with almost no time for discussions with their partners. Only mobile phones or a weekly holiday offers space for discussing indispensable topics to discuss.
2. Lack of time for children.
Children are left on the mercy of day care & paid care takers at home. It’s easy to understand what emotional void a child can come across when none of the parent is there to take care.
3. Lack of time and energy for physical intimacy & thus no time for producing child.
Overloaded with targets and long lists of to do, extract every drop of blood & energy and leaves working couples completely drenched & dry for any physical intimacy. There is no energy left for pillow love chat & come closer to each other and conceive.
4. Habit of overspending
Extra income and lack of emotional support sets a perfect stage for couple towards finding happiness in materialistic objects. A time where internet is flooded with offers & deals, it’s very easy for a person feeling emotionally low to drown away in the shopping of unnecessary objects.
5. Social Cost
Since partners are not able to find time for each other, there is no question of finding time for socializing.
6. Negative thinking
Overburden of job, lack of emotional support and demands at family front transform a person to a negative thinker.
7. Rise of expenses
Since you have an extra office going member you need extra business clothes, extra vehicle in a double income structure. In addition to this your child is admitted to a day care or hostel that will also attract extra expenses.
8. Taxes
Many tax benefits have maximum income limit and a double income structure generally crosses these limits & brings up you to a higher tax bracket.
9. Infidelity
Spending more time in office than with partner takes us to the route of the most undesired path.
10. Emotional abuse
Since partners are not left with respect for each other over a long period of time, they start abusing each other emotionally.
THE SOLUTION
The bitter truth of modern time is that we can not overlook the need of money to meet our needs as well as to match the social standards; so the concept of double Income family is to stay here. However, we can still finds some ways to cool down the heat & try to move forward in our lives without having bad experiences.
1. Yoga & meditation
A healthy mind resides in a healthy body. While yoga, a form of exercise helps you to keep your body fit, meditation is a must required in these pressing times to keep our mind at cool. A combination of yoga & mediation provides us the required strength to keep our mind & thought process in control & provides us strength not to drag in unwanted situations.
2. Faith & Respect
Faith & respect are corner stone of any relationship. Always focus on good traits and habits of your partner. Value each & every smallest effort made by your partner that brings happiness & good times to your family. A respect in your eyes for your partner will motivate him/her to be happier & keep energized also.
3. Values & Traditions
Paying importance to values & traditions always helps to create a strong bondage among family members. Celebrating festivals together & remembering important dates like b’day & marriage anniversary shows your concern for your partner.
4. Financial Planning
Extra cash does necessarily mean extra spending. If you are blessed to earn extra money, try to save it for rainy days. More money in your bank account also makes you financially secure & mentally strong.
