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Reply to "Buying a first home - did you get the downpayment from your family?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]No. And honestly, it never occurred to me to ask them. Both DH 's and my parents have plenty of money. However, we would never accept money from them to purchase a home. If we were in a dire financial crisis, it would be different. But to buy a home? No. [b]We are adults capable of earning our own way[/b]. [/quote] This is a noble point etc - but it basically says that SAHMs aren't adults, yes? Since they aren't "earning their own way?" Hope there aren't any SAHMs on here bragging about how "they" bought a house.[/quote] My earning power would not have exceeded the amount we would have to put towards childcare had I worked. Why? Because in spite of my college degree and a nice career in my early days, my husband's job required us to move every 10 months-2 years. No one wants to hire a person who they know is only here temporary. And so I contribute by staying at home with our kids, saving us childcare, commuting costs, eating out, etc. and by doing whatever needs to be done to ensure my spouse has a successful career. I am also the one who manages the bills, runs the household budget and manages our savings. I find our home every time we move, and work hard to get us the best home, in the best schools, at below our budget. So yes, as a SAHM, I did contribute to buying our house.[/quote]
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