And I've been a SAHP for 20+. Was happy to do it and don't regret it. Sure I could have added $50-100K to the family after paying for daycare when they were little, but I wanted to be home with them and wouldn't give up that time. Now HNW/UHNW so no need to go back. Plenty to keep me busy most days with volunteer work and a spouse with a stressful job with some travel. |
My DH makes $600k but I’ll never stop working. I won’t ever put myself in the position of being financially dependent on someone else. |
Well $150k went to taxes right off the top. |
I think it was 1800 or 2000 a month. I can’t remember. We paid it off and then built a small addition to accommodate our growing family. So now we have that payment, which I believe is $700 a month and then 6k a year in taxes. Our duplex isn’t fancy. It’s maybe worth 650k now. |
Agree but it would be my after tax income. If my daycare plus working costs are$50,000 I assume my gross income needs to be at least $75,000 to breakeven. |
Same--when I worked, 50% went directly to taxes. |
You must only know duds. Or those who chose fake jobs while living on their parents' dole. Any middle of the road corporate is paying new college grads $90k for their first year out of college this year. |
Wow. This thread is like DCUM Bingo!
“I have to make $800k to live.” “Dual feds make $400k.” (Ahaha the highest paid non-SES lawyers at regulatory agencies get 220k. I don’t imagine there are lots of dual feds over $400k.) “College grads should get 90k.” |
Thank you for some reality. 🤣 |
We also know a fair amount of the high earners. Guess what? Not everyone wants to work a BS corporate job and need anti-anxiety medication to get through the day. Some of these Holton and Landon alums are teachers, NGO workers, etc. |
Go check Fed, OCC, and CFPB pay scales and report back about that $220k claim. |
Why the bickering about Fed pay? Its not like the $800k posters think they could live on ANY of the Fed amounts.
Signed, DH makes $400k and I SAH but we could easily live on $200k in exchange for 40 hours a week and Fed benefits. |
What happens if your boss lets you go? Will you still get paid? |
We went to visitation/Gonzaga and I don’t know anyone making that little. I’ve stayed home from $1m-$250k, All were fine, but piti is only $5k. |
It’s possible to want both things badly. I want to be home with my kids. I also want to be rich. Right now, being rich is more important to me than being home, but it doesn’t mean I don’t want the latter very very much. |