04/08/2013 11:32 am ET | Updated Aug 14, 2013

One Thing You Need To Know About Staying Home Post-Baby, From Jean Chatzky (VIDEO)

Are you or your partner thinking about staying home with a child? Money expert Jean Chatzky dropped by Mondays With Marlo to fill us in on what you need to know before making the stay-at-home switch. First, you need to figure out if your family can afford it financially -- both now and in future earning potential. If the stay-at-home parent is in an industry where a break from the workforce will be difficult to rebound from, your family is not only losing what the parent makes now, but also what he or she might make down the road. For more on Jean Chatzky's Money School, visit her website.

If you do decide it's financially feasible, try to find a way to keep your feet wet in the professional world, perhaps by taking on freelance projects and continuing to network with colleagues.

Click here for the full interview.

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Money Tips From Jean Chatzky

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