@Elky: We can’t, unfortunately, because due to current legislation I would need to be a registered childcare assistant, our house would have to be a registered childcare, and we would have to have professional insurance. These rules came in about 10 years ago and they’re ******* ridiculous. The most famous case was two single mothers who operated a hairdressing salon and lived together in a flat above it. They took turns to care for each other’s kids, and then they were told that they would both have to register and insure the house if they wanted to keep doing it!
@everyheart: Health insurance isn’t an issue for us in the UK, thank ****! Yeah, everyone says there’s no good time. When I was a small child during Thatcher’s reforms, I remember having our electricity cut off, and my Mum saying she wasn’t hungry and giving us her food… things got a lot better for us financially, eventually, and we ended up being quite wealthy…. FI’s parents have always struggled though… always. They are both teachers, so… I suppose it’s kind of entitled even to ask this question. Previous generations wouldn’t have even thought about it… they would have worked throughout… my Grandmother and Great-Grandmother could never have afforded to give up work. Poor people couldn’t… giving up work when you have kids has always been a very middle class thing, not a working class thing. But then… childcare used to be free because you could leave the kids with relatives who lived nearby, right? So that’s a new problem.
@alexisatk: Very wise. We already have a house with a mortgage, and no real debts apart from my student loan and our mortgage.
@Miss Jackrabbit: Maybe it is quality of life. I mean, we could easily do it if we sold the house and moved in with FI’s parents! But I don’t really want to do that. It took me 10 years to save up my half of the deposit for our house! I saved a portion of every payslip I received from when I was 17 onwards. Hmmm… maybe there has to be some way… we’ll have to leave our future kids with relatives wherever we can, which means that breast pumping is going to be my friend, I guess!
@stuckinwonderland: “I do think you need to be able to EASILY afford food, clothing, shelter, education, daycare (if necessary)” I think the problem is… define easily. It’s the childcare that’s the killer. Without the childcare, we could easily afford all that stuff for ourselves and a few children on a single income. Add the childcare in… I would probably have to earn double or triple my current salary to afford it easily, in addition to FI’s income! That is… unless I give up work. And risk making myself long term unemployed in the process….
@BoxerLady: “I would think you’d have to make less than $40,000 to have daycare cost more than staying at home would.” You have summed up my problem in one sentence. But I don’t work in an industry where you can just leave and then come back later. I’m really worried about making myself long term unemployed.
I suppose I could try and take on a language tutoring job or something for a few years. The pay is OK, and maybe I could leave the kids with Future Mother-In-Law or Future Sister-In-Law two days’ a week, and try and get Fiance to redo his shifts so he does 12 hours in one go and gets more time off. Like I said though… I’m guessing the breast pump will be my friend, if that isn’t TMI!
EDIT: I guess like Miss Jackrabbit says, I only have to hold on until the youngest is 3 or 4. Just a few years….