But the rest of the article is right on. I think what most people don’t understand about those of us who live off one income for a period of time in our lives, is that we are practicing exactly what this post breaches (on some level). Or maybe I should simply say that marriage is a way to achieve that end. I don’t expect a lot of future earning potential in my career path. But I Am okay with that for many reasons. A main reason is because my spouse can always rejoin the workforce and increase our combined income considerably. If something were to happen to me I also have another wage earner, in addition to any insurance we have put in place, or any unemployment I may receive.

Living well below your means kind of has the same benefits though. IT’s kind of the “lazy” way in some sense. It buys you time anyway, when other income streams decrease.

I would advise anyone who craves the safety of working for someone else to save your money in case you lose your job. With enough savings, you can ride out your unemployment with minimal impact to your lifestyle. If your savings reach a high enough level, you can even draw off some or all of the interest to cover your monthly bills.

Jennifer – I get the impression that you are a single individual. Entrepreneurship is far easier when you don’t have a spouse or children dependent on your income. You can take risks that others cannot. If you fail, then you only have to worry about yourself.