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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]This is why we’re seeing an increase of SAHM.[/quote]

I despise the way some people think the automatic solution to childcare costs is for the mom to stay home, like the assumption is that the woman’s income is so paltry that it couldn’t possibly more than childcare costs! [/quote]

+1. Childcare was expensive when we were using it but not even close to my salary. We were still able to buy a house, update it, and contribute to 401ks while having little kids.

My neighbor is a SAHM. Her DH lost his job and has been unemployed for over a year. She hasn’t worked in 15 years and can’t find anything either. They have been living off of their retirement savings (that she’s never contributed to) and she hasn’t virtually no SS contributions. There is absolutely no way I would put myself and my children in that precarious position.[/quote]

My wife made about 30k a year, less than 1/10 what I make. She was an international student when we met and in a field notorious for low paying yet very demanding work. For some families it really doesn't make sense to have the wife work.[/quote]

It makes sense financially for the moment but it’s a gamble for the wife in the long-term. In marriages like these, about half of them stay together through the years (at least as far as I’ve seen) and it works out well. But it’s disastrous for the other half of marriages that end in divorce or the DH loses his job or random stuff like DH getting a brain tumor or ALS. The wife can’t do anything to help financially. Even if someone has a profession that lends itself to lower pay, you aren’t limited to working in the profession. And, in the event you want to stay in the low paying profession, 30k is better than nothing.[/quote]

This is why I work part time. I’m too busy with my kids to work full time, but I need to keep my resume fresh.[/quote]

I've been able to technically work full-time (low-hour requirement, though and I'm not pushing for career advancement right now), and I have a nanny for driving and household help, so I always have two hours in the evening for family dinners and homework and I do school drop-offs, so I don't feel like my kids are missing much.  They have activities after school until I can go offline anyway. [/quote]

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