Should you quit work after having kids?

economictimes.indiatimes.com:

debate continues on whether women should quit or continue working, and it is indeed a subjective decision depending on one’s circumstances, but here are a few things you should keep in mind. Understand that financial independence is crucial for women whether they are single, married, or with kids. Even if your spouse is earning well and you don’t need a second income to sustain or lead a comfortable life, it is important to be financially self-sufficient.

The earning power not only keeps you on an equal financial footing with your spouse, but also gives you the ability to take spending and saving decisions for yourself, your family and your parents. Many a relationship crumbles when the wife stops working because of the skewed financial equation and power balance, which makes the woman dependent on the spouse for her every little need. If you are fortunate enough to have a spouse who voluntarily takes care of all your financial needs without you having to ask for it, it may feel like an easy decision to quit work.

Remember, however, that things may not always remain the same. If your spouse faces financial problems or loses a job, he may feel pressured about bearing the financial burden for the entire family. If you are working and earning, it will help you share his financial load and keep the boat afloat during a job loss or other financial crises.

Worse, if your marriage were to break down, you would be left financially bereft. If you are earning, it will give you the confidence to take charge of the situation without depending on your parents or friends for support. If you decide to quit work for a few years and then take it up again, know that it will not be an easy decision to take.