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Reply to "Considering leaving a good job ($120K) in mid-thirties to be a SAHM"
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[quote=Anonymous]You can stay at home on almost any income if you're prepared to make the sacrifices to do so. But will you be happy - no one on this board can tell you that. I have to say, as someone who stayed home for a year for my first, that giving up financial independence was ultimately very frustrating for me. You mentioned this in your OP, and it can be difficult for your marriage and your self-esteem. The other issue is housing. You say you have a 'healthy' down payment - but do you plan to buy? Have you run the numbers thoroughly to be sure you can afford the mortgage and all the other associated costs of home ownership on just your husband's salary? We bought much less than we could afford, precisely so that we wouldn't be dependent on both salaries. But you'd be surprised how many other costs come into play with home ownership, for maintenance and repairs etc. Can you afford this on $110k -- and save for retirement and college? [/quote]
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