[b] I don’t understand why women always rationalize not working because their salary will ‘just go towards childcare’ costs and therefore be a wash. My DH makes about $400k a year and I make $90k. I make far less than him but continue to work because I consider HIS paycheck to cover our childcare costs, while MY paycheck 1. Covers my retirement and my pension (I contribute half of my salary towards those two things) 2. By continuing to work and not becoming a sahm, I am not putting my financial future in jeopardy should I god forbid, ever become a single parent one day. I never would want that to happen but as a realistic adult I realize that sometimes it happens against our will. 3. I get excellent insurance benefits to cover medical and dental concerns, in addition to what my DH gets through his company. For example we paid nothing when we had our twins via c-section, bc we both had excellent medical insurance coverage. That’s just the financial benefits of my work. There are of course many benefits to working that are not financially based (personal fulfillment, contributing to the world outside my home, modeling an egalitarian relationship for my daughter where both their father and I are responsible for caring for them and doing household chores. |
How is this relative to OP? |
+1 Also, I don't know how many times it must be said, your salary will likely rise over time. It might equal the cost of daycare when your kid is a baby, but eventually they will go to school and your salary will be much more by then. You need to take the long view. Or don't. Stay home forever if you like. But don't then assume your low income status should entitle you to free private school off the backs of other parents who have been working since Day 1, and then brush those parents off as clueless snobs for being able to pay for their kids' education. It's that simple. |
It’s not, but I was just triggered by the ‘Why pay someone else to care for your child when it costs your entire pay check?’ comment! Had to get it out… |
Let met guess. You also have a housekeeper, nanny and gardener? You can live very very comfortably on $400K so you are working because you choose to. Now, imagine living on your salary alone. Not everyone needs the health or dental benefits as they get them elsewhere. As a SAHM, you can still contribute to retirement. And, most places no longer give you a pension. You aren't living in the real world. |
Why do you need to be a SAHM if your kid is in school all day and has all these activities tht you speak of? What do you do all day? I understand staying at home with infants and toddlers because daycare is expensive, but it makes zero sense when kids are in elementary school. Since you say that it makes no sense for you to work, please tell us what you do |
I don’t have a housekeeper just a twice a month cleaning service, I do have a guy who mows my lawn and my kids go to beforecare and aftercare. What’s your point? I’m pretty typical imo. |
| And how can a sahm contribute to retirement?! |
How do you not know that? |
A housekeeper is a cleaning service. Rich and privileged. No, typical clean their own homes and mow their own lawns. |
What ever I want! |
| Here I was worrying about paying private tuition long term on $325k. Which I thought was poor by DCUM private school standards. Who knew! |
How can you not comfortably pay on $325k? |
| To original question - yes, with aid. But I wouldn't do it. There are way too many other things that cost money and you will feel stressed. In the end, it really isn't worth it. |
The bolded is something I don't get either. Furthermore, it also gives you work history!! |