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Reply to "Do any SAHMs regret it because of financial reasons?"
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[quote=Anonymous]I am a SAHM. I went back to work when my first was born but when I got pregnant with my second, I developed/exacerbated some chronic conditions and there's no way I could go back to teaching. We also know what teachers make, and at this point my spouse makes $900k (we also live in a less expensive area than DC). I recognize that this is a totally privileged point of view, but I think that once your basic needs are met, money is there to allow you to focus on what's important in your life . . . your family, your community. We clearly have more than enough income as it is, so why would we take away from time with family just to increase it by a small amount? My husband has really good disability and life insurance. I don't really know how else we can protect ourselves beyond savings. Anyone could get divorced, but in my position I'm confident I would be well taken care of. It's obviously important to have purpose in your life, and I have a variety of volunteer positions that keep me using my skills and engaged, but if I'm not feeling well I can always back out. Not gonna lie, I do get nervous when I think about having an empty nest in 7 years. I don't really know other SAHMs (we live in our small city instead of the 'burbs where I guess the other SAHMs are) though I do know a lot of moms with part time jobs that don't take many hours per week. [/quote]
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