Reply to single income family/ SAHM major disadvantage

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I think the big difference shows up when there is a significant downturn and layoffs--e.g., in 2008-9 I worked in finance and saw a lot of my peers get laid off. The ones with spouses that worked, even if it was at a lower-paying job, had a certain amount of stability that came from having a spouse with a job and benefits.[/quote]

Another big benefit is the people with working spouses generally have more ability to take risks and go into entrepreneurship, etc. Single-earner families have to be much more risk averse.[/quote]

This. There’s a reason a decent amount of UMC / “working wealthy” women start very successful businesses in their 30s and 40s that they sell for a good chunk 10-15 years later. We know a number of families where the DH made a lot of steady $ that let the DW take a big “generational wealth” bet for the family via entrepreneurship after having kids.[/quote]

What kind d of businesses? Asking for a friend. [/quote]

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