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Reply to "Can we afford to SAH?"
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[quote=Anonymous][quote=Anonymous]DH makes $250k, stable govt job. I'm a pregnant with first child, thinking I want to leave my job and SAH. I'm AMA so we want to have this baby and a sibling soon thereafter if we can. I'm currently making $150k. We own 5 properties (one we live in, and 4 rentals that pay for themselves and generate about $1000 in monthly income total). Or I should say the bank owns our properties, each one is mortgaged but we expect to pay off within 10-15 years. Living on a single income, is this something that can support a family of 4 in Clarendon?[/quote] Yes of course you can OP. You'll feel it at first but then you quickly adjust to your new reality. Sounds like you have a lot on your plate already with 4 rental properties. Don't make your life even more hectic by adding a baby and still working. Start getting some consulting gigs lined up so that you can stay in the game but work under your own terms and schedule. And so that by the time your butterfly is ready to go to school, you can start looking at permanent gigs again. do it OP, quit and spend time with your baby for the next 4 years. You won't regret it and it will fly by. [/quote]
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