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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]The DW needs a weekend job of some sort.  Some sort of income to pay for extras.  She could avoid a 50 hour work week.

Another option is to spend 60k of your savings.  At the end of the day, thsys what savings is for. What is 200k in a low rate CD going to do for your anyway?  Just make sure you have enough for a year of living exoe ses if the dh loses his job.  Allocate 1k a month for five years.  Still find 200-300 in the budget to cut back on.  There has to be something.  The 1k a month should pay for the overage you calculated and anything like new tires, broken ac etc.  Summer pool pass, anniversary dinner.  This is only OK if you're contributing to retirement.  This is assuming the DW gets a job when the kids are in school (in 5 yrs). A better compromise would be for your wife to spend 2-3 years at home.

Remember that you have a fixed rate mortgage and hopefully will make more money over time.  This isn't a permanent situation.  Your kids will go to school and your wife can do more part time work.  [/quote]

Can anyone identify part-time work that will generate $40k/year? That seems like a hard thing to line up unless you already have a job with a company and scale back (which is still not easy).[/quote]

That's about what I make.  I work between 20 and 25 hours a week.  I bring in about 35-40k a year.  I am an administrator in a small non-profit.[/quote]

How did you find this job?[/quote]

It was one of those times when everything falls into place in perfect order.  Some people might say it was luck.  I believe it was more than that.  I was working full time in a job that was super stressful.  My kids are all older....one high school junior left at home... so childcare wasn't an issue.  However, my DH hated that I was working full-time.  I was exhausted and we both feel that our home runs more smoothly with me at home.  I told my DH that if I could find a part time job making at least 35k a year I would take it.  The next day a friend of a friend called me in crisis saying her office administrator had left due to a family emergency.  She knew I was working full time as a program director and that I had been the office admin at a law firm before we moved.  She offered me the job that day.

It's been three years and I still love my job!  20-25 hours a week.  Very flexible.  Great environment.  I love that it's a non-profit with a mission that I am passionate about.  Honestly, I'll probobly still be working here at 70.  I would volunteer for the job if it weren't a paid position.[/quote]

this is similar to the transitioning existing job to part-time; is there no stories of just finding a part time job on open job market?[/quote]

I haven't found a PT job on the open job market but they do exist but they're not going to necessarily pay that much. Smaller law offices and small businesses will often hire admins on a PT basis around $15/hr for about 20-30 hours of work a week. Check Craigslist. [/quote]

The problem here is most WOHP go from careers earning $75/hr and the only part time options available are 1/4 that listed on CRAIGSLIST.  Ugh.

Why is this? I know in europe professional part time work is much more available; though salaries are overall lower so maybe thats part of it[/quote]

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