Is quitting your job an option?

Daycare costs can seem overwhelming, especially when you're just starting out in your career.  When you compare the cost of daycare to the wage you bring home, you might be considering staying home as the difference between the two just isn't very much.  Well, it might have a bigger impact than you think.  Some additional impacts over lost income includes lost potential wage growth, reduced Social Security benefits, and lost retirement savings (401k or other planning).  The Center for American Progress has created a helpful calculator to see how quitting might impact you.