Reply to When Mom's salary breaks even with daycare....

Forum Index » Money and Finances

Reply to "When Mom's salary breaks even with daycare...."

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous][quote=Anonymous]I think a PP touched on an important issue about the decision also being a matter about the impact it has on your life and sanity.  Some moms find SAH allows them to get stuff done during the week so they have free time on weekends.

For me, I have a hard time getting anything done when constantly being interrupted by an infant.  Instead having a flexible job with work from home 3-4 days per week helps me keep my sanity.  If I need to go to a doctor or hair appointment, I can just take off a couple hours early and don't have to worry about finding childcare.  Lunch breaks on my work from home days are often spent at the gym or picking up some groceries.  And with two incomes, we can afford to outsource things like house cleaning.

Basically, I think it needs to be a wholistic decision.  The finances of paying for childcare are short term.  What is best for your familu in the long term and what will make you happy OP?[/quote]

Childcare has not been short term for us. We've been going at it 10years. 2 more to go for both and another 5 more to go for the little one. 15yrs is a looooong haul.[/quote]

Choosing to continue working (or not) can impact your retirement savings, financial stability and earning potential for the remainder of your life.  If you have a high earning spouse with a stable job or have the type of job that allows the flexibility to leave and re-enter the workforce, then the scale may tip in favor of SAH.  And many of the SAH moms I know are paying for part time preschool anyway once their children reach 2 or 3 years old.  So SAH doesn't exempt you from having at least some childcare costs.  How many children you have/how you space them also impacts your childcare costs.  For some people, the long term benefit of working that continues into the retirement years is worth paying for childcare earlier on.  The point is, the decision should be made with the long term in mind.[/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics