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Reply to "Can I be a SAHM on about 100k per year?"
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[quote=Anonymous]We made (combined) less than 85k last year and had to pay for full time childcare and managed. DH got a raise this year so I went down to part time in September to be home more with DC (am a specialist teacher) and we still pay full time childcare and do okay. Our rent is only $1400, but we have two vehicles and pay around $300 a month for student loans. It is doable, but most of the money we spend is on DC - we only do fancy dinners for birthdays and anniversaries and only buy necessity items for ourselves. My neighbors make around $70k on just his salary with 2 kids and they NEVER have new things and rely a lot on hand me down clothes and toys from relatives and neighbors. I think almost anything is doable, you just have to make sure you are comfortable with lower your non necessary expenses. Oh, and when you do your budget, factor in what you would be saving on childcare, that is no small chunk of change.[/quote]
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