Reply to Do any SAHMs regret it because of financial reasons?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]OP, how much do YOU make? That is relevant here. Are you in a career with easy re-entry? Did you sign a prenup and if so what are the terms?

If he is making seven figures, and you would be hiring a nanny so you can do household tasks....why don't you hire someone to do those household tasks? [/quote]

I make around $300k.  I don’t think it is a super easy reentry but estimate I could get another similar job within a year of trying (assuming no recession/ok economy, which of course is not guaranteed), although my estimate becomes more uncertain the longer I’m (theoretically) out of work.

There is no pre-nup.

We have a nanny now, it’s not someone new we’d be hiring, just keeping existing nanny on for another year or two.  This is a completely honest answer that will probably not go over well - the truth is that I do not enjoy being home alone caring for little kids (say pre-2.5 or 3 years old).  If another adult is home at the same time and we can kind of trade off, then it’s totally fine, but not alone.  On the other hand I enjoy housework and do a better job than any of the cleaning people we’ve had over the years, I like grocery shopping, cooking, volunteering at school, scheduling, errands, all those kinds of things.

So basically between the two I’d rather pay for a nanny than a housekeeper.[/quote]

I think with this kind of self-awareness, your situation could work out great  The thing to be aware of is people often spend the money they have and normalize a very expensive lifestyle.  You maybe don't want to give up the nanny.  Your new private school friends who also don't work take awesome vacations (these rich people do) and of course you want to go too.  You upgrade houses.  You join the country club because after all you don't have a job so you'd spend time there with all other women who don't work.  Don't underestimate how wealthy the private school people will be and this will be your main peer group.

So if you do it, just keep your eye on all of it.  It's pretty easy to let 10 years melt away and you're really in some lavish lifestyle that now feels completely normal to you and you're totally dependent on your husband.  For me, I would not like that.  But I probably have control issues.  I always drive myself to the party and never settle into my office too much.  Want to be able to control my departure time and terms.[/quote]

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