Sentences with phrase «main breadwinner»

The phrase "main breadwinner" refers to the person in a family or household who earns the most money and financially supports the others. Full definition
It's less likely to be viable if there's one main breadwinner in the house.
Also, if you're the sole or main breadwinner of your household, invest in life insurance to prevent a financial crisis for your dependents in case you're no longer in the picture.
This means moving away from a family with one main breadwinner while the other works part time.
Today, 49 percent of employed women in the United States, including 42 percent of working women with children, say they work primarily because they are their family's main breadwinner, according to a joint NBC News - Wall Street Journal poll.
When those 2016 numbers are factored in, the instances of millennial men who don't think it's better for the man to be the main breadwinner actually shoots up to nearly 90 %.
My husband passed away unexpectedly and he was the main breadwinner in the family.
Those living hand - to - mouth simply can not afford to replace all their belongings - particularly in homes where the main breadwinner has died from the virus».
Of those who said dad would not be likely to take it (46 %), more than half (58 %) said this was because he was the main breadwinner, so the family wouldn't be able to afford it.
Nearly half of these working dads also said they regretted agreeing to be the main breadwinner — and handing the bulk of childcare to their partners.
And in thirty per cent of couples with children, the woman is the main breadwinner.
Under the proposals, the main breadwinner would be allowed to transfer # 750 from their personal allowance to their spouse's.
Clegg's wife Miriam Gonzalez Durantez is the main breadwinner.
These feelings persist even when both partners earn an income and the wife's paycheck is just as crucial as the man's — and even when the woman is the main breadwinner.
They are able to get a customized relationship to their present lifestyle in exchange for being the main breadwinner in the relationship.
(In addition to her work travails, Catrin also faces challenges in her personal life as her husband (Jack Huston) grows frustrated because she becomes the main breadwinner.)
Thanks to his playing of the stock market, he's also the main breadwinner.
Her organization found that in many states, teachers who are the main breadwinners in their families earn so little they qualify for public assistance.
Gabriel is 12 years older and the household's main breadwinner.
Then last year Jackie, the main breadwinner, lost her job.
The median household with the main breadwinner between 55 and 64 has only $ 55,000 in RRSPs, according to Statistics Canada, but to enjoy an adequate retirement, most couples need 10 times that amount.
In addition, the main breadwinner's retirement affects when spousal benefits can begin Investment Rebalancing If you're facing a 20 - or 30 - year retirement, you'll need to keep some assets in stocks and shift a portion of your assets into fixed income.
Roman, on the other hand, was the main breadwinner and earned a six - figure salary.
Thus, «the main breadwinner in a couple could open a TFSA account in his or her spouse's name, then give the spouse money to put into account,» explains Karin Mizgala.
The wealthy know that while it may seem natural for the main breadwinner to do the investing, if the investments are made (and taxed) in the name of the lower - earning spouse, the returns are taxed at a lower rate.
While the loss is potentially less financially devastating than a loss of the life of the main breadwinner in your family might be, a Santa Rosa apartment fire or a burglary in Cloverdale can ruin your day, your bank account, and even the very fabric that ties your family together!
If you are married, there are additional considerations: Even if you're in poor health, you may want to delay claiming benefits if you had been the family's main breadwinner, because your spouse would then receive a larger survivor benefit.
For most people, this mostly this comes down to term life insurance for the main breadwinners in the family unit
We typically don't suggest life insurance for children, because the main point is to cover expenses when the main breadwinner is gone.
The most - common use is to provide money to a surviving spouse and family when the main breadwinner passes away.
As the family's main breadwinner, he applied for $ 500,000 in mortgage life insurance to protect his wife and three young children if anything should happen to him.
Danica is in a long - term relationship where she is the main breadwinner and her partner is often out of work.
Many women are finding themselves to be the main breadwinner, while their husbands take care of the kids.
Now, I understand, having researched this a lot, having coached clients for 15 years or so, many people are deep in debt because of circumstances in their lives, what I call the dreaded Ds: downsizing, a death in the family of the main breadwinner, divorce, disability or disease.
Jennifer Warren - Baker is a mother and self - employed piano teacher (also her family's main breadwinner) who started a GoFundMe page in order to spend a couple months with her fourth child, a daughter who was born this past winter.
If you are the main breadwinner for your family, the court may order you to continue paying the bills at the home that you left.
When workers were injured, great economic strain was placed on families, who were often left impoverished if the main breadwinners were injured and unable to work.
This is particularly important if you are the main breadwinner of the household, but it's important regardless of who is bringing in the most money, as many families need to be two - income families.
It made sense that policyholders would want to keep term insurance instead of expensive whole life insurance, especially here in Palo Alto or the Bay Area, where housing prices and incomes were rising very quickly and folks realized that they needed larger and larger amounts of term insurance to replace the income of the main breadwinner or to pay off a large mortgage at death.
I do agree that 7 - 10 times your income may be a good starting point, but there are times where a family may need at least 20 times the main breadwinners income in life insurance, especially considering the low rates of return on conservative investments these days.
Many people think only in terms of insuring the family's main breadwinner.
First - to - die joint life insurance policies perform the same role that individual life insurance policies do: mainly, it's income replacement for beneficiaries when the main breadwinner dies.
In many situations, if the main breadwinner passes away the family is at an immediate loss of all or half of the income that the depend on to live.
We typically don't suggest life insurance for children, because the main point is to cover expenses when the main breadwinner is gone.
With a life insurance policy in effect, the family will have money that replaces the main breadwinner's salary for the number of years that the surviving spouse needs to continue raising the family.
One of the most common — and most important — reasons is so that those loved ones can keep the family home even in the absence of their main breadwinner.
Financial advisors often recommend that their clients purchase a term life insurance policy if they are the main breadwinners for the family.
a b c d e f g h i j k l m n o p q r s t u v w x y z