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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]Depends on the lifestyle you want. You could make it on one spouse earning $100k if you wanted to. [/quote] This. We have cousins where the husband earns a little over $40k at the farm coop and the wife stays home. They live in the middle of Iowa. It works for them there. It would be a hard sell here, of course. The median HHI for the DMV area is in the $100-120k range. I know couples where one spouse earns the median and the other stays home. It works for them here. It just depends on what your needs/wants are. They don't go on fancy holidays and their kids aren't into expensive travel sports. They safe on not needing a nanny or after-care. The stay-at-home spouse manages all household expenses and upkeep.[/quote]
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