Reply to Do you think we will see a massive uptick in women choosing to stay home after this?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I suspect we’ll see fewer SAHMs as the value of having two paychecks will become more apparent.  All those women married to high earning lawyers who thought they were set are going to realize how quickly that big paycheck can disappear. [/quote]

Meh. The people who can truly afford to have a SAH parent are also smart enough to have figured all of this out. Most of us have mitigated the risks before we made the switch from a dual income home to a single income home.  I am a SAHM and we are very favorably situated in this pandemic and doing very well. We have lived on 1/2 what my DH has made for years. We are completely sorted out in terms of liquid cash, mortgage, retirement, medical and college.

In DMV at least, when an educated woman chooses to become a SAHM its because the family has cash reserves and insurance. This is not Podunk, Trumplandia. No one is a teen mom here.  I hope the high earning lawyer who lost his job has a lot of cash socked away.  It not then I can only laugh at the entitlement that made them think that frugality is beneath them.[/quote]

This is hysterical.
- rich person[/quote]

I am in MoCo in a neighborhood where houses range from 600s-800s. There are plenty of SAHMs here (and a SAHD or two) and the working spouses I am thinking of are a CPA, an architect, a therapist, a scientist working for the government.... I'm pretty sure these families aren't sitting on piles of cash and liquid assets that would have them set long term through a job loss.  [/quote]

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