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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] The stats don’t back this up whatsoever. The percentage of successful companies started by women is quite small…the percentage of any businesses that have any kind of exit is very small…multiply those two percentages together and you get a minuscule number. [/quote]
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