- The Washington Times - Sunday, October 28, 2001

Books

• "You Can Afford to Stay Home With Your Kids: A Step-by-Step Guide for Converting Your Family From Two Incomes to One," by Malia McCawley Wyckoff and Mary Snyder, Career Press, 1999. This very readable book, written by two former working moms, has advice about budgeting, the cost of working and saving money on groceries and clothes.

• "Family Finance: The Essential Guide for Parents," by Ann Douglas and Elizabeth Lewin, Dearborn Trade, 2001. This book covers all aspects of financial planning, from the expense of a new baby to retirement, including a large section on the cost of working.

• "Miserly Moms: Living on One Income in a Two Income Economy," by Jonni McCoy, Bethany House, 2001. The updated version of Mrs. McCoy's popular 1994 book features many ways to trim the family budget. Ms. McCoy also has a Web site (www.miserlymoms.com), which has more advice and links to other money-saving sites.

• "Two Incomes and Still Broke? It's Not How Much You Make, It's How Much You Keep" by Linda Kelley, Times Books, 1998. This book explains the costs of working.

• "The Overspent American: Upscaling, Downshifting and the New Consumer," Juliet B. Schor, Basic Books, 1998. This book is good for people who want to scale down their list of "needs."

Mothers groups

• Mothers at Home, 9493-C Silver King Court, Fairfax, Va. 22031. Phone: 703/352-1072. Web site: www.mothersathome.org. This support group for mothers who have decided to stay home with their children has information on budgeting and financial planning.

• Mocha Moms, 2800 Valley Way, Cheverly, Md. 20785. Phone: 301/322-8190. Web site: www.mochamoms.org. This group is an organization for stay-at-home mothers of color. It has many local chapters where mothers can exchange advice on going from two paychecks to one.

Online

• The Web site of Money magazine (www.money.com) has information on the costs of working and calculators to figure out when it makes sense to go from two incomes to one.

• Many general parenting Web sites have articles and bulletin boards that discuss the financial impact of staying home with children. Among them:

IVillage's Parentsoup (www.parentsoup.com).

IVillage's Parentsplace (www.parentsplace.com)

Oprah Winfrey's Moms Online (www.momsonline.com)

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