Reply to single income family/ SAHM major disadvantage

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[quote=Anonymous][quote=Anonymous]My brother started a company and made bank...and my SIL has always been a SAHM with all the domestic staff.  So, even that can be done.

My DH would never took money from me that I earned for running the household etc.  He never touched my jewelry that I was given by my parents or ILs to pay the bills.

My money was my money and his money was our money.   My DH took steps that made me trust him.   No pre-nups, my name along with him on all assets, pension, insurance beneficiary etc.  When I quit my job, I had amassed enough in my 401K that people have when they retire.  And then he made sure that we had enough insurance to never have me go back to work ever again in my life.  My kids education and weddings was covered, and I had enough that I could travel the world in style and could live in a nice old age home till the end of my life.

When you become a SAHM, there is a fear of becoming financially strapped in case of any adverse situation.  But for most women, it is the fear of poverty due to divorce, death and disability of spouse etc.   So, before becoming a SAHM, make sure that your financial future is secure.  If it means that you manage that risk by paying insurance... even if your HHI is not that high. [/quote]

this sounds like you are Muslim- the only women I know who have husbands like that are muslim. and that is not the case for most americans.  [/quote]

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