I'm a SAHM and was in the middle of going back to work when all of this happened, and I will continue with it when things calm down. BUT...it's not a job where I could work from home. I'm concerned because I see how hard it will be for our family when we inevitably have another wave of this crap. It will be interesting to see how the workforce redistributes? Will telework friendly jobs be like gold and more competitive than they already were? Time will tell. |
They are also good at economizing because of number of people in households, they buy in bulk, they have assigned chores... Childcare is not an issue and neither is fear of elderly being alone. The Asian families I know also have huge homes and that is because of the need of everyone to have their own space and also because by pooling their resources they can buy a big home. Home ownership is important but paying rent for a separate place is not. The youngsters who have their own apartments are those who have moved away to another city or were able to save for the down payment for a condo by staying with their families. |
What is the job? |
Yes. DCUM is topsy-turvy world. There is a larger number of wealthy people here who will be able to withstand this. In my own middle class circle, HHI range from $150K - $450K. I see a lot SAHMs in the higher end of this HHI. But, most of these women that I know, who have stayed at home as SAHMs even after their kids have become school-aged, have husbands in very cushy and secure jobs, they have a lot of financial cushion (living way below their means) and they are heavily insured. These are also women who are highly educated and were in the workforce making a lot of money at one time. Outside of DCUM and around the world, this is not the norm. The norm is that women are economically vulnerable everywhere and SAHMs are invariably in a worse financial situation than a WOHM. If all things are equal, being a WOHM is better for the financial health of the family. But, all things are not equal. |
Sure, pre corona. What those polls don't show is how many of those families have split up for the safety of the elderly or other high risk family members during the epidemic especially given the fact that young children are believed to be asymptomatic carriers. Families have fractured and come together depending on the particular jobs and health status of its members. You can see it on this board - some families with health care workers have split up and some have invited the elderly in with them to ride this out. What we don't know is how long it will take for those family groups to come back together especially when schools return in the fall (if they do). A lot is changing and quickly. |
I think the opposite. People are realizing that financial security is more fleeting than they thought. |
We are not scared because we are practicing social distancing. Not increasing the risk to them. |
Disagree. OTOH there will be a lot of SAHMs looking for work because their DHs lost their jobs. Just like after 2008. |
Split up where? You think most families in America have an extra house lying around? We’re multigenerational and my parents have to watch the kids so we can work. The economic survival of the household depends on it. |
By multi-generational-households, I mean that everyone is staying in the same house. It does not work the same, if you are living next doors to Nonna and have your dinner at her house everyday. This pandemic has shown that elderly will be vulnerable in their own homes (New York) or even in Nursing Homes (Washington). In fact, the only elderly person who will not be vulnerable to the virus will be the one who is a hermit. The nature of aging means that most elderly will require some kind of daily assistance, and yes, they are in contact with people throughout the day - caregivers, neighbors, other nursing home residents, doctors. Within a family, a lot of their needs get fulfilled (cleaning, cooking, meals, medicines) as part of the normal workings of the household. Anecdotally, what I have observed in four multi-generational-households that I know of in DMV, is that the cloistering of the multi-generational-family units, provided protection from the contagion to elderly, kids and immunocompromised, eased household logistics, eased anxiety and social isolation, and eased financial worries considerably (mainly because of the pension and SS that the elderly have). I actually only saw great benefits of having these family structures. I also saw that the sandwich generation that normally has to take care of kids as well as the elderly had less of a burden when grandkids and grandparents were together. They were able to telecommute better and felt more in control of this situation. |
$450K IS NOT MIDDLE CLASS!!! |
Given how much I hated my job before, and how much more I hate it now, I am constantly having to invent reasons not to quit. We don’t need the money. Even if my husband loses his job, we don’t need my income (though the health benefits would be nice.)
Working is horrible unless you truly like the work and/or your co-workers. I was set to quit by May, now I’m hoping to get fired, which is an increasing possibility. |
Hell no I can’t wait to go back. Also I will need to work longer to make up for retirement savings loss. |
I am struggling to understand what kind of a job is “cushy and secure” and also brings in $450k. |
I know a few families that moved into rentals deliberately to split the grandparents away for their safety. |