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Reply to "What is the reasonable HHI income for wife to stay home?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I think it’s actually the other way around for most people. There is an income below which it doesn’t make sense for both parents to be working. If one or both parents is making less than probably $40 or $50k a year, financial whoever makes the least should stay home. At the higher ends, it’s all personal preference. [/quote] +1. I make 200k. Spouse could make 40-50k but after taxes, what’s the point. It’s so much better to be SAH and spouse takes care of everything in home and picking up our DS, takes him to activities, etc.. [/quote] I made $50K when we started having kids. I make $200K now. Looking at current salary in a vacuum is very short-sighted and common financial mistake. [/quote] It depends on your profession.[/quote]
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