Anonymous wrote:I haven't read through all the posts. But in doing the financial calculation, do not think about it short term. I was like you considering leaning out. I had a flexible job and stuck with it. Now, 10 years on, my salary is 5x what it was back then - still with the same flexible job - because I stuck with it. If you have the blessing of a flexible job, keep it if you can. It is short sighted to only consider cost of nanny vs. your salary. Think your long term career and financial goals. It is no picnic trying to get back in years later though it certainly can be done in some fashion.
Anonymous wrote:OP Here -- thanks so much for everyone's responses. They've given me a ton to think about...and I really wanted to try to air out all potential scenarios, problems, benefits, etc. And despite some of the punch comments, my kids and husband are actually at the forefront of my decision. My husband has pretty high stress, high hours job, and in order to support his career (and the high salary that comes with it), I am in charge of all things household and kid related. My job is much more flexible, and as I mentioned, I'm leaning out and not trying to work 50 hours a week. Having a full time job and running all aspects of our life is a lot, and frankly I want to be more present for my kids. A small example, is that I want to be able to take my kid to a doc appointment, and not feel like I'm rushing out of there, or constantly looking at my email seeing what I'm missing at work. I want to be the one who picks them up from school. It feels like it would lower the stress of all of us in the house. I do appreciate the suggestion for part time work...I'm going to consider that more seriously. Thanks again for the replies! I know I'm in a fortunate position.
Anonymous wrote:I haven't read through all the posts. But in doing the financial calculation, do not think about it short term. I was like you considering leaning out. I had a flexible job and stuck with it. Now, 10 years on, my salary is 5x what it was back then - still with the same flexible job - because I stuck with it. If you have the blessing of a flexible job, keep it if you can. It is short sighted to only consider cost of nanny vs. your salary. Think your long term career and financial goals. It is no picnic trying to get back in years later though it certainly can be done in some fashion.
Anonymous wrote:Anonymous wrote:I don't understand why college educated women give up their career to be SAHMs honestly. I agree with PPs to go part-time rather than give up career entirely. There will be a time when you will want to go back. Your kids will need you less later on.
<sigh> Not every field is amenable to part time. Not every boss is as progressive as they should be.
Anonymous wrote:I don't understand why college educated women give up their career to be SAHMs honestly. I agree with PPs to go part-time rather than give up career entirely. There will be a time when you will want to go back. Your kids will need you less later on.
Anonymous wrote:Anonymous wrote:I don't understand why college educated women give up their career to be SAHMs honestly. I agree with PPs to go part-time rather than give up career entirely. There will be a time when you will want to go back. Your kids will need you less later on.
Because we made a poor choice for a spouse. Good at making money but not much else. Except now he’s mad that the kids are older, my life is easier and he wants me to jump back in full time with no change to his life. It was nice when they were small but I don’t recommend the situation I’m in at all. It’s the only thing we fight about. And he thought it was a great idea at the time, and all the years it was hard. But he’s all “what have you done for me lately?”
Does he understand compound interest? Similar concept with your investments in family.Anonymous wrote:I don't understand why college educated women give up their career to be SAHMs honestly. I agree with PPs to go part-time rather than give up career entirely. There will be a time when you will want to go back. Your kids will need you less later on.
Anonymous wrote:Anonymous wrote:I’d keep working until the kids are in middle school. I think they need you more as they get older.
If you don’t want to work FT, look for 20-25 hours a week.
Huh? What do they need you doing all day while they are at middle school?