Reply to Will I regret it if we downsize and I quit my job so I an be a SAHM?

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Reply to "Will I regret it if we downsize and I quit my job so I an be a SAHM?"

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]No regrets for us.  A few things to take into consideration.

- I have [b]a very good marriage[/b]. DH is loyal, hard working, will never cheat, will never divorce.  We also come from intact marriages. Family (including extended) is very close knit.  Kids are everything for us.

- DH made sure that we were heavily insured so if anything happened to him we would have been multi-millionairs and I would never ever have to go back to working, while maintaining a very good lifestyle.

- I am very well educated and qualified and I would have been able to get some white-collar job in a pinch.

- My family and social circle appreciated a SAHM and I did not have to face any kind of negative comments

- I was able to afford cleaning lady, landscaper, kids EC activities, tutors, travelling for competitions and tournaments etc easily and did not feel the pinch of vanished paycheck.

- I don't get FOMO.  DH is a devoted dad and likes to spend his time with me and kids.

- I have some money of my own and DH and I will both inherit a modest amount from our parents.

- We do not have pre-nup etc.  We both have our names on all assets.

[/quote]

Honestly I see this type of comment “I would be able to get some sort of white collar job if I needed/wanted” here constantly and it just is not true right now. I know recently employed people with reasonably relevant skills who are struggling to find work. Perhaps that will change again eventually if the job market improves but right now it’s a big gamble. If you were a nurse/teacher/PT that would be different.

I would never tell someone not to SAH, I think I would have really enjoyed it but it’s a gamble unless you have a big nest egg. You absolutely cannot be sure your spouse will never leave you, coming from intact families is not at all a guarantee. [/quote]

Can confirm the job market is horrific at the moment even for employed folks trying to switch jobs. And then add in the dilemma of being a (probably) late 40's, early 50's woman with a resume gap who would seem simultaneously overqualified and underqualified, befuddling the 30 year old person tasked with interviewing her. Not saying people shouldn't SAHM but don't underestimate how hard it can be to get a job you'd be willing to take. [/quote]

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