Does working cost too much?

I read in the Sydney Morning Herald on the weekend an article about thousands of nurses threatening to resign as a result of increased costs to retrain. Apparently the Victorian Government is asking them to pay to upgrade their own qualifications and it’s not worth working anymore.  Some of them are considering other professions.

This had me doing a few sums about how much it costs me to work.

I really love my job, but sometimes I feel that, once you include work clothes, transport and day care, I don’t always “turn a profit”.

I completely understand women who don’t love their pre-kids job not wanting to go back.  Often it  doesn’t make economic sense to do so, regardless of your personal preferences.  Some days it’s worth it just so I can eat my lunch without adjusting a fairy costume from the Dress Ups box in between each mouthful.

The upside of working is that, even when my take home pay doesn’t seem that great, I’m contributing to my own retirement through my superannuation, which I know I’ll probably be grateful for later.

I know lots of women only make it work economically with the help of grandparents.  If so, did you know the Australian Government now provides the child care benefit to some families? Check out the familyassist.gov.au website for more information.  This too has an upside and a downside.  How do you talk to your mother-in-law about your toddler getting more sleep? Hmmm…

When is it worth going back to work?  How much do you need to earn before it’s worth being apart from your kids? Would you change careers to make it more worthwhile?

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One response to “Does working cost too much?

  1. Great article! Thank goodness for grandparents – that is the only way I can afford to work. Going to work a couple of days is a nice break for me from the house and all the household chores, and it is also lovely to have some time to myself and to mix with other adults (away from the park). Oh, and the money is welcomed too!

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