Reply to Considering leaving a good job ($120K) in mid-thirties to be a SAHM

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[quote=Anonymous][quote=Anonymous]I am seriously considering becoming a SAHM though I would like to re-enter the work force in about 10 years.  I know, that is a long time away.  I assume that I would have to reenter at a much lower salary than I currently have.  I've done some googling and started talking to a couple people I know who have made this transition, but I want to be sure I do thorough research and consider this decision from all possible angles so that I am fully aware of what I am stepping into, if I take this step.

As there are HUGE financial implications, I thought the following background would be relevant.  My husband earns about $10K less than I do.  We don't have any debt.  While we are still renting we have a very healthy down payment saved.  We max out our retirement accounts each year.

If I become a SAHM I would like to stay connected to the professional world through blogging (at a minimum to keep myself sane, I know this isn't a money maker), free lance, or contract projects.  I wouldn't expect to make much, maybe not anything, but I think this would be helpful to 1) keep me connected to the adult world and 2) show potential future employers I didn't completely fall off the face of the earth for however many years I am a SAHM.  I would NOT want to do this full time as it would defeat the purpose of being a SAHM, which is to be with my child, care for him/her the way I want him/her cared for, and ensure his/her needs are met.  Not to mention I just thoroughly enjoy being with my baby.

Pros
- My first is not yet two years old.  This time seems so precious and fleeting.
- I may wish I had more money, a nicer house, etc., but I am certain I will never regret any time spent with my baby.

Cons
- Becoming financially dependent on someone else.  While my spouse is a reliable person, I was raised in a very financially unstable environment.  The person I was before having a child could not fathom the concept of making a decision which would result in becoming financially dependent on anyone else.

And finally, I realize there was as similar thread about a month ago.  After reading through that post I think the circumstances I have described are sufficiently different that I am curious if reactions will different as well.
[/quote]

Before you quit live off of you DH's income for at least 6 months.  Save your entire post tax salary.

Is there anyway you can move to part time?[/quote]

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