Does it make sense to give up work?
The farm profits are about €35,000 per annum, and I earn €28,000. We have two children, aged three and five. Currently, we pay childcare of €300 per week. We feel like all of our disposable money is gone on childcare, and would like to know how much of a difference there would be to our cash-flow if I were to give up my job to look after the children on a full-time basis.
ANSWER: This is a common question that many farm families face, and although it’s easy to calculate the mathematical differences, the answer is often not so simple.
