Part time for the win Post Reply

[Keepworking]

Hi there

I was in a similar position about 10 years ago to what you are now and gave up my job. There are a few things that if you decide to do it, I would definitely recommend considering.

Even if you go part time, it is incredibly important to have a joint bank account with both of your salaries going into the same account. This is essential in shifting the mindset, of your spouse in particular, to thinking about your finances as a collective effort rather than being something that is theirs or yours.

When I stopped working, my husband felt a lot more stress and burden being the sole breadwinner and this caused resentment and issues in our relationship. About five years after making partner, he left the partnership and started his own business which paid him substantially less money but he was much happier.

I now work full-time again, and our children are thankfully a bit older now too. Life feels much more balanced, and the share of household and caretaking responsibilities also feels a lot more balanced. As much as I would like to work part time, I now think about my pension savings, and the fact that I will be almost fully financially dependent on my husband’s pension when we are older if I do not work full-time until we retire.

Having watched other people work through similar issues, the ones that seem to have been happiest and found the best level of balance between having their own life and caring for a family are the people who have worked part time at around three days per week.

Sincerely hope this advice helps you.

Good luck with it all!

[Froldn]

Hi there

I was in a similar position about 10 years ago to what you are now and gave up my job. There are a few things that if you decide to do it, I would definitely recommend considering.

Even if you go part time, it is incredibly important to have a joint bank account with both of your salaries going into the same account. This is essential in shifting the mindset, of your spouse in particular, to thinking about your finances as a collective effort rather than being something that is theirs or yours.

When I stopped working, my husband felt a lot more stress and burden being the sole breadwinner and this caused resentment and issues in our relationship. About five years after making partner, he left the partnership and started his own business which paid him substantially less money but he was much happier.

I now work full-time again, and our children are thankfully a bit older now too. Life feels much more balanced, and the share of household and caretaking responsibilities also feels a lot more balanced. As much as I would like to work part time, I now think about my pension savings, and the fact that I will be almost fully financially dependent on my husband’s pension when we are older if I do not work full-time until we retire.

Having watched other people work through similar issues, the ones that seem to have been happiest and found the best level of balance between having their own life and caring for a family are the people who have worked part time at around three days per week.

Sincerely hope this advice helps you.

Good luck with it all!

Your experience and thoughts do raise important questions about balancing career, family, and finances. Particularly relevant is the topic of joint financial management, which, as you mentioned, helps to strengthen the sense of partnership in a marriage.

For those considering moving to part-time work or temporarily stopping work, it is important to consider how this will affect long-term goals such as retirement savings, distribution of responsibilities, and overall financial comfort. This is where the integration of modern financial and task management solutions can play a key role.

For example, integration odoo is a powerful ERP system that helps not only businesses but also families manage their finances and resources. Your situation reminds us how important it is to automate the tracking of expenses, investments, and even household chores to ease the burden and reduce stress.

With Odoo's tools, you can:

• Keep track of all family expenses and income.
  
• Plan a budget, including retirement savings and other long-term goals.
  
• Delegate and distribute tasks, both financial and household, which can be useful for couples looking to evenly distribute responsibilities.
  

Integrating Odoo can be a great step towards simplifying your daily processes and focusing on finding a better balance between your personal and professional life.