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Money and Finances
Reply to "Financial Value of SAHM Services"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]This is a silly question because it assumes a common denominator where there is none to be had. Let's take our collective heads out of the DCUM upper middle-class lifestyle for a second. Not every SAHM lives in a 3,000 sqft house (vastly different cost to clean). Not every SAHM cooks, and when they do, the quality is vastly different (won't pay as much for Burger King as you do for Citronelle). Not every SAHM tutors, checks homework, takes kids to activities, stages enrichment headquarters at the kitchen table etc. (huge difference in cost) Some SAHM do childcare like a high-end nanny would, and some do it like a cheapo home daycare would. Can't come up with a single number for those. So the problem I have with this discussion is that everyone so far assumes that all services SAHM provides are of the personal tutor, Michelin-chef, Mary Poppins quality, and that is simply not the case. You cannot come up with a single rate to describe vastly different packages of services that different SAHM provide. You can come up with the barest lowest minimum and that's about it. [/quote] Similarly, there's no debate or angst about a mom who's not a high earner SAH. Nothing to discuss. SAH, or WOH if you prefer and your family at least breaks even. In my case, me working raises our HHI from 200K to 400K and makes a huge difference in our ability to get ahead financially.[/quote] I was actually a high earner, earning more than you currently earn over a decade ago in the medical field. However, it was only a drop in the bucket compared to what my significant other was earning, so together we made the decision that I would stay home to take care if the children. We have not regretted that decision even once in the past eleven years.[/quote] Ok sure, but statistically there aren't that many men making a million a year. And don't you miss having your own work, even if your family didn't need the money?[/quote] Another poster here. In our case, my significant other eventually earned enough income that the family could live on that. At that point I was able to ask myself what I really wanted to do, and solving big corporate problems did not hold a candle to dealing with the small, day-to-day triumphs, tribulations, and all things in between of my children's childhood. That was/is my personal decision, and I recognize and respect that 7/10 parents faced with the same circumstances might have decided differently.[/quote]
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