Also wanted to add that I am sure I would do something (PT/volunteer work) if I quit my job but it would probably not be in my current field. |
I may be a "bitch" (takes one to know one?), but at least I live in the real world. Planning for remote possibilities is a bit different than being attuned to the fact that 50 percent of marriages in this country end in divorce. You're stupid, but apparently not stupid enough to stay home and depend on a spouse. Just angry. |
Love it. I'll be the saggy tit whore in the wine section. |
There is also something called alimony and child support. If your household income is high and you get the kids, you will probably get decent alimony and child support. We know several divorced guys who give $$$ to their ex-wives. They get so excited when the wife remarries so the alimony goes away. |
This number will obviously be smaller and insufficient if your DH only earns $100k and you are a SAHM because what you receive won't be enough to live on. If your DH earns $500k-$1 million, you will probably be ok. |
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It used to be that SAHM (for white educated women) was the societal norm and you needed an excuse to woh. Now it seems that the societal norm is woh and you need and excuse to sah.
We haven't really come very far if we merely erected a different set of required behaviors. There are pluses and minuses to every situation and each family needs to figure out what best serves that family. When I see the "but 50% of marriages end in divorce" argument, I don't think they have thought it through. The divorce rates are different based on the couple's situation. (age of couple when they married, are there children?, did their parents divorce, education of parents, careers, personalities, religious affiliation (or not), length of marriage, NT vs SN children......) I see several trends among my friends. If their parents divorced, they are more likely to stay working, especially if their mother was left in the lurch. If they have three or more children, they are more likely to sah or work very reduced hours (5-15). If they are having problems in their marriage they are more likely to stay working. If the spouse that has the higher paying job and has a very inflexible job, travels and/or requires significant overtime, they are more likely to sah/work very PT. If they have supportive family nearby, they are more likely to woh. If they have SN child or children, they are more likely to work PT. If they are in job that requires yearly training to keep licenses or would be difficult to re-enter, they wohft or pt. For example, I know many physicians that work part time or job share (which I think is a community asset if we ever have a real epidemic). I think we each have to address the pluses and minuses of our individual situations head on and figure out what works best for the family among the available options. For my family, that meant that we both woh for a while and then had a woh/sah situation and now we may go back to the dual woh. |
We've had our share of struggles, major struggles actually, but pulled through and I feel we have a very strong marriage. That said, I think it helps my marriage that I work. I need something that is mine. I get that women have that without a career/if they stay at home, but for me, my thing is my career. For another woman who wants to stay home, it may be something else. I don't work because I fear divorce but my husband did get laid off a couple of years ago. He saw it coming and had made preparations and was extremely lucky to start a new, better job almost immediately, but it was still scary how quickly things can change. I also saw 15% of my company get laid off a few years ago, and that was very scary. Divorce seems far afield at this point but other curve balls could happen. There are all kinds of ways you can better prepare yourself for that, whether you work or stay home. For me, staying in the workforce is part of that. For a SAHM it might be continued networking, keeping her foot in the door, savings, and so on. I don't think there is one way but I am puzzled why some seem to think there is. |
Agree |
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The reality of life is that no one can have it all - if we work, we have to hire help to raise the kids and if we stay-at-home, we don't have financial freedom but we get to be with our kids.
We all have to figure out for ourselves what's most important to us and what level of risk we can tolerate. Are we scared that our husbands will leave and we'll be left penniless? Or, are we scared that we will have to leave our kids to the care of a stranger while we're at the office and not be around to see the milestones? I get so angry at people who bash other moms for making different choices. Maybe it makes them feel better about their own choices, but I think it's just their insecurity showing. If you're confident in your own choice to work or stay-at-home, you won't care what another mom does. Own your decisions folks. |
| Oh, I couldn't find anything more fulfilling in this world than sitting through conference calls and creating presentations!!!! (extreme sarcasm) The baby is coming in a few months and I cry every time I realize I will NOT be on those calls to share my two cents. Boo hoo. |
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So do it! I left my $100k/year job in 2007 and have no regrets. We have sacrificed, but all worth it. Most of my cherished friendships have come from meetings other sahms at play places, the library, shopping, sports, etc...it has been an amazing ride, but also the most demanding experience ever. I thought my house would be clean, laundry caught up and amazing meals made. Never quite got that down. No one cares or notices, so cereal it is for dinner on occasion! Looking back, I would do it again and again. You never get that time back. If you are nervous, see if you can take a sabbatical or summer off to give it a whirl.
I am currently softly job hunting seven years later. It is bitter-sweet. Have to start filling those college accounts. Will miss an hour of homework help time, but it is the right time for us. Good luck with your decision. |
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OP here. I clicked on this old thread that was revived and realized it is my old thread.
One year later and I feel EXACTLY the same. I want to quit every other day but afraid I will regret it. Difference is that DH now earns about 700k and I still earn 100k. We have also decided to go the public school route. Still live way below our means. |
OP here. Don't remember ever reading this response. I witness a lot of divorces and although our marriage is solid, there are no guarantees. DH's parents are divorced and mine are unhappily married. |
| My husband only makes 100k and I'm a SAHM - I would LOVE to be in your position and have a job that would essentially double our income. BUT if my husband made 500k I would just hire a nanny and stay home pursuing my own interests in my free time. |
| Left my $100k job 6 years ago. No regrets. Now that all my kids are in school I'm definitely thinking about what I should do next. I don't want to go back to an office or work FT but I feel like I should do something. |