Reply to Kids are really expensive

Forum Index » Money and Finances

Reply to "Kids are really expensive"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[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]

My wife works, mostly from home. $275K in compensation for her.

Our childcare costs are $26K for Kid 1 daycare + $2.5K for aftercare for Kid 2 + $6K for summer camps for Kid 2 = $34,500 total

Or 12.5% of her gross income.

Totally worth it for us. Plus, my wife keeps her foot in work force, adds to our savings, can shelter $$$ in earnings from taxation (401K + deferred comp account), etc. Both of our mothers are divorced and had to provide for themselves, so we both learned the lessons of "a man is not a plan." I don't want to carry the street of being the sole breadwinner![/quote]

She has the ability to fully WFH. That typically means a very flexible job, with managers who support flexibility.  Makes the job so much easier.

[/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics