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Reply to "Husbands with SAHWs...how much "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]How much do you budget for expenses a month? Does your wife have monthly allowance or a debit card /credit cards with her name that she can use as much as she wants ? What is a fair amount to spend if you have one child together but only one income ? *we are middle class -300k a year plus random bonuses [/quote] Wait, "does the wife have an allowance"??????? What, is she a child bride? Listen, I stayed home when my kids were little. It was a family decision. We lived in another major city on 40K a year--my husband's salary. (yes, for real) My entire salary would have been eaten up by childcare for two kids, so it didn't make financial sense for me to work instead. We, my spouse and I being both grown ups, decided our budget. There was no "allowance" for me. I spent only what we could afford. He spent only what we could afford. We were extremely frugal. But even if he'd made 100K or 200K, we'd do the same damn thing. If a couple decides together to have one stay at home spouse, a family budget is what is needed. This talk about an allowance is thinking 100 years old. If there is conflict re: the one spouse staying home while kids are little, that's an entirely different problem that needs to be solved differently. [b]And if kids are in school full time, the family should have two incomes. If a wife stays home while kids are in school? She's not a wife, she's his child. Full stop.[/quote][/b] That's quite a statement you're making there. Clearly, in your case, you chose to SAH to avoid the costs of daycare and you went back to work out of financial necessity once your kids were both in school. If you had been able to make things work more comfortably on one income, you might have made a different choice. You'll never know because that was not your reality. That doesn't make you better or worse or more mature or less mature than anyone else on this thread. In my case, it made more sense for me to continue to stay at home even though we were not making nearly as much as some of the incomes reported on this thread. When I quit working, I was making close to what your husband was making when you decided to SAH. I had also made the most of my earnings by investing in my 401K early on. My company had a generous match + pension. I'm doing o.k.[/quote]
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