Reply to When Mom's salary breaks even with daycare....

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Another factor to consider is that your leave benefits are probably growing the longer you are with your company. I did SAH, loved it, and then had an easy time returning when youngest was in K but the most challenging aspect was not having much vacation time. If I'd stayed with my old employer for those 7 yrs I'd be getting at least a couple more weeks of vacation.[/quote]

Would a couple weeks of vacation make it worthwhile to miss 40-50 hours a week with the kids?[/quote]

That's not the only thing you would get by staying in the workforce. The retirement contribution, other benefits, opportunity for salary growth, greater seniority (which can lead to flexibility).... PP was just listing another positive of staying the workforce.

When we had our first child my husband was in his first year out of law school and clerking for about $40K a year, so his take home basically covered day care, his student loans, and the cost of working (gas/metro, getting his shirts done, etc.) I can't imagine anyone would have asked him if it was worthwhile to miss 40-50 hours a week with his newborn son, just to cover day care (my salary could have covered his loans).

I was promoted twice between the time my first child was born and when he started kindergarten, and my salary probably went up $40K over that period. My family would not be in the position we are in now--we paid off both our grad school loans, both cars and refinanced into a much cheaper mortgage--which allowed me to take a much less demanding job now that they have homework, after school activities, etc. -- if I hadn't toughed it out when they were little.

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