Reply to SAHM: how much does spouse have to earn to make it work?

Forum Index » Money and Finances

Reply to "SAHM: how much does spouse have to earn to make it work? "

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous]People can lol at the comments about $800k not being enough (it probably would be for us), but here's the thing: If someone is making $800k, they probably work a lot and have a pretty high stress job.  You go down to one income, and while you definitely have a nice life still, you don't have a "rich" life where you don't have to worry about costs.  If you have two kids, $800k does not pay for 13 years of private school plus college and grad school and summer camps, plus a couple expensive vacations every year. So you have one person working the life of a high income person and making the money of a high income person, but with only one income you're not actually in the income bracket where money doesn't matter.  And as someone who makes that kind of money myself (as does DH), i can tell you that the idea of putting this insane level of effort into my job for the next twenty years isn't doable. At some point (soon) both of us need to downshift.  If you have another person making $250k (pretty normal in HCOL city if one spouse makes $800k; eg dual lawyers where one is a fed), now you have that extra money to pay for the schools and camps and all the extra stuff.

So yes of course $800k is more than enough to have a sahm.  But it's not rolling in it money. And if i'm the spouse working hard enough to make $800k, i'd like to be rolling in it.  [/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics