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[quote=Anonymous][quote=Anonymous]Also, it is likely you will spend more because you have another member of your family. At some point, you may have more children.

What is your housing situation? Are you in a good school district?

Will she want to stay home indefinitely or for a year or two?

How much do you earn? What are your savings? Any debt?

I wanted to stay home when we had our first child but we couldn’t afford for me not to work. I still had a ton of student loans. we didn’t own a home. Eventually I did stay home when we could afford for me to stay home. I paid off all my loans. DH could afford to support us and save for retirement and college.

When I was working, many women were home. Now I don’t work and many of those SAHMs are back at work.[/quote]

OP here. We love in a condo we bought when we got married. We plan to be in here for at least another 3-5 years. We will eventually move to the suburbs and buy a house.

I’m not sure how long she will stay home. We do plan to have second child fairly soon. I expect her to be at home for at least the next 2-3 years.

I make around $200k and she makes a little over $100k. We have a good amount in savings and multiple investments. No debt besides mortgage. [/quote]

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