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

Forum Index » Money and Finances

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

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous]My DH and I both work and we pull in about 135k.  We have no debt except our mortgage which is roughly $2200/month and a car at $250/month that we have 3 years left to pay on.

We get by on that salary here in the suburbs of DC (Fairfax) but it's tough.  Granted, we're paying daycare costs ($400/week) but if you subtract out what we pay in daycare a year, it brings us down to right about what you're saying your household income will be if you quit working.  We have no extra money for anything really.  We are "comfortable" but that's about it.  We're certainly not maxing out our retirement and we are definitely not saving money.

So while I totally agree with where your heart is on this, I think you will really struggle with the reality of it.  If you can find a way to make it work, have at it.  I would definitely recommend doing what others suggested and banking your salary for six month while living solely off his and see if you can do it.  When you see how much you'll have to cut back, you might change your mind.

Truthfully, I'd love to be a SAHM but I wouldn't do it unless we won the lottery or something.  LOL!  I can't bring myself to lose all those years toward retirement pensions and savings.  If my DH and I had met and married young back when I was only making $35k/year, I probably wouldn't have given it a second thought since daycare would have equated to my monthly income.  But since I married at 30 and had my first kid at 33, I was making about $65k at that point and that was hard to give up since my monthly income was double what I would have paid out in daycare.

Tough decision.  Good luck OP.[/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