You are eagerly awaiting the birth of your first child, preparing for parenthood by reading articles on
Question:
You are eagerly awaiting the birth of your first child, preparing for parenthood by reading articles on parental choices associated with happy, successful kids.Your research has indicated that staying home and caring for your child at home for the first yearis correlated with these desirable traits. If you stay home for the first year, you will be unable to return to your job that you really enjoy and will have to forgo your salary during some of that time. This loss in income will make itfinancially impossible to send your child to a top preschool (also associated with a happy and healthy kids), when you return to work. Should you do (a) From an economics perspective and (b) From a biblical perspective?
Notes:
1. When we make decisions, economics tells us to weigh marginal benefit versus marginal cost. If the marginal cost is more than the marginal benefit, the option is unacceptable.
2. "Startchildren off on the way they should go, and even when they are old they will not turn from it." (Proverbs 22:6 NIV)
Expert Answer:
a From an economics perspective you should weigh the marginal benefit of staying ... View the full answer
