If one parent or the other is going to stay home with the children, the same budgeting rules apply. I think it is great if one parent can stay home with the children because that is very valuable. You just have to follow the same rules, except that you are living on one income instead of two. So be sure that one person is making a pretty good income. I mean you could work from a home business; if you search on the Internet there is a lot of information on that. Starting an e-business online is one idea. So I would say the best thing is to start searching for home based business opportunities, with the Internet being one of the big ones.
