Reply to How did you decide it was fiscally doable to stay at home

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[quote=Anonymous][quote=Anonymous]OP here.  I am a commercial litigator at a large law firm.  It is very hard to get back into the law (especially litigation where you are a dime a dozen) after taking time off.

To all those saying live of DH's salary for 6 months, that is what we currently do.  My income goes to paying the nanny, preschool, and additional monthly savings, i.e., college savings, additional life insurance premiums, vacation fund, etc.

Those additional savings would have to go (or we would drastically have to change our lifestyle) if I was to stay home.  So I guess the question isn't whether it is actually feasible to stay home, but what were you willing to give up financially to stay home.  [/quote]

Did you say how old your kids are? I have been at home for 6 years, but in order to stay sane I spend money on PT morning preschool (as they come of age for it), occasional HS sitter, occasionally pay for indoor play places, etc. I would be miserable at home if I didn't have funds for this, and if I didn't have some close friends who SAH.

We drive newer but basic Hondas, use public school, limit extracurriculars to 1 per kid at a time, have to save up for Disney, etc. but we are comfortable otherwise. I know my DH would not support me staying home if he could not max out all retirement savings, put in 529 money, pay for life insurance, etc. He is a "saver" (thank goodness!) and he would be super anxious if he could not afford these long-term things. His car? Eh, he couldn't care less.[/quote]

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