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Reply to "Do any SAHMs regret it because of financial reasons?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]This is the stupidest post and is another data point showing that big salary does not equal big brains (assuming your husband didn’t deliberately marry a complete nincompoop and is therefore also not that bright). Why do you need to crowdsource on a mommy message board whether or not finances are a consideration in staying home with your kids when your husband’s income is over a MILLION dollars a year? Why can’t you figure out how to have your husband contribute to a retirement account on your behalf if you’re worried about that? Why can’t the two of you save a huge chunk of that massive income so you don’t have to worry about things going catastrophically bad? Ridiculous. I kind of hope you’re just a troll.[/quote] Sorry nope not a troll or an idiot! Didn’t grow up with money/experienced lots of instability growing up due to money, so probably nothing will ever [b]feel[/b] like a “safe” amount. We do save a huge portion of our income, like I said above we take no vacations, one car, reasonable mortgage - we are not blowing through cash. I just was looking for ancedata - if people making all different amounts were happy with their decision, then that would be useful to me to know. If there were tons of regrets across the income spectrum, also helpful to know. Maybe you wouldn’t find that helpful and that’s ok. [/quote] So how much do you have saved? You act like you're living a rather frugal lifestyle so surely you must have a few million in the bank already? See how many years that would sustain you should something happen. My SIL stayed at home and it was very stressful when BIL lost his job, they had recently bought a new house and she hadn't worked in over 18 years. But he made less than $150k per year so they didn't have a huge emergency fund and had been cash flowing part of niece's college tuition. He did find a new job fairly quickly, but it was just a totally differnt financial situation then yours. Most of us can't relate to that amount of income. [/quote]
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