Are you a Stay at Home Mom?

posted 3 years ago in Babies
  • poll: How much Income does your Husband Bring in?
    Below $40,000 : (14 votes)
    8 %
    $40,000 to $60,000 : (21 votes)
    13 %
    $60,000 to $80,000 : (20 votes)
    12 %
    $80,000 to $100,000 : (10 votes)
    6 %
    $100,000 + : (34 votes)
    21 %
    You are able to save money each month : (33 votes)
    20 %
    You don't save any money : (9 votes)
    5 %
    I wish I could stay at home! Can't afford it! : (24 votes)
    15 %
  • Post # 3
    3534 posts
    Sugar bee
    • Wedding: September 2013

    I’m not pregnant yet either, but FI and I have talked about this.  If things go as planned for FI (he has started his own game company and is releasing a video game next year) then I may be able to stay home with our future kids.  I plan to open an Etsy or eBay shop for some extra income and maybe eventually a local boutique once the kids are in school to sell handmade crafts that I like to make.  Just don’t have the time to do that now with working full time, but it is a dream of mine.  

    Post # 5
    4587 posts
    Honey bee
    • Wedding: October 2011

    Currently in the $60-$80K range but he’s due for a raise that should bump him up to the next bracket.

    Sadly there’s nothing left for savings each month as we have a sizeable amount of credit card debt we’re slowly working on. With that gone, we’d be in pretty good shape!

    Post # 7
    424 posts
    Helper bee
    • Wedding: September 2010

    I’m not a stay at home mom, but I’m a work from home mom!  I have a busy shop on Etsy selling bridal veils and accessories.  I feel like it is the best of both worlds- I get to contribute to our household income and be able to be there for my LO and not have to put her in daycare. Granted it is hard sometimes finding enough time in the day- my shop has been way busier than I expected this summer since she was born.  As for my husbands work, he makes enough to pay all of the bills and save a little bit.  Everything I make from my shop goes directly into savings. 

    If you have any crafting skills Etsy is a fun way to make some extra money if you are worried about finances.  Otherwise there are a lot of other ways to make money online these days (buying and selling things on Ebay or your own site, blogging, etc).  I’d recommend getting started and established before having kids though because finding time in the day when the arrive is a big challenge!

    Post # 9
    7664 posts
    Bumble Beekeeper
    • Wedding: July 2013 - UK

    I’m obviously thinking about this, but the question is how long one stays at home for. Children who are still being breastfed are extremely difficult to look after, and childcare for the under threes is so prohibitively expensive that most people I know who have had children are better off not working at all, or else job sharing.

    Are we talking about being a SAHM to over fours here? Because, if not, I’m not sure that your husband’s income has that much to do with it… it’s far more important to consider what YOUR income is, and whether you would be better or worse off if you worked.

    Post # 10
    10384 posts
    Sugar Beekeeper
    • Wedding: September 2010

    This is interesting, but not very informative without context about the cost of living where people are located. A SAHM with a husband making $80k in Ft. Worth TX is going to be in a much different position than one in San Francisco, NYC, Boston, etc etc.

    We can’t afford for me to stay home (live in San Fran area, and my husband makes a little over $100k….and we live in a modest 2-bedroom, only have one car, etc etc.

    Post # 11
    1414 posts
    Bumble bee
    • Wedding: June 2012

    I will be a stay at home mom but I’ll be working from home too. I’m a graphic designer and have my own clients so I have a pretty flexible schedule. DH makes about 80K per year so we basically live off his salary and anything that I make is just icing on the cake and can go into savings. We live pretty modestly, our vehicles are paid off and the rent for our condo is really reasonable. We’re planning to buy a house in the next year or two so we’re just trying to save up as much money as possible to use as a downpayment.

    Post # 13
    856 posts
    Busy bee
    • Wedding: August 2012

    When we decided to TTC we started living on just my husbands income and saved mine. We are able to live comfortably on my H’s salary and save each month without changing our lifestyle. We have no debt except our mortgage and our car loans. We live in a pretty expensive suburb of NYC but my husband makes an excellent living so its doable for us. I’m so grateful that my husband is able to give me this lifestyle. I’ve only been home for 4 months but I love it! Also if you’re staying home and just getting by on your H’s income and/or not saving anything it probably isn’t a good idea.

    Post # 14
    2690 posts
    Sugar bee
    • Wedding: November 2012

    I am a sahm and have been on and off for a few years now.  I worked for a few months last year outside the home for the 1st time in like 5 years to save for our wedding and the year before that i worked at home for a few months but mainly, I stay home and take care of the kids and the house and Hubby of course 😉

    We don’t make a ton of money but we live comfortably.  We have had to cut back a LOT recently with hubby’s new job (he took a pay cut for a better job if that makes any sense) and we’re now expecting baby #4 in about a week so money is seriously tight BUT we make it work.  We dont have any savings…when we do manage to save anything, something always comes (car needs fixing, stuff for the kids for school, house repairs, etc).  

    Also this year, we ddin’t get to take a vacation… kids went to th ebeach with my mil but hubby and I didn’t get to take a family vacay with our family like we do every year.  Hoping after baby comes we can go somewhere… in December.  But besides that we do OK… we are lucky we dont have any debt anfd very little bills so that makes a difference as well.

    Post # 15
    1125 posts
    Bumble bee
    • Wedding: January 2010

    I was on leave without pay for 4 months with my first son, and now I’ll be home without income for a few years.

    Together, we make between 140 and 150K per year. We are very disciplined with our money and are almost done paying up our mortgage.

    With DH’s income alone, he brings a little under 80K. During the 4 months where he was the sole income, we were able to save 200$ per month which is not a lot but since we knew it was temporary, it didn’t bother us.

    We will be clearing off our mortgage before I stop receiving money this time, so we’ll be plenty comfortable with his income only until our children are in school and we’ll put in savings the amount that used to go towards the house.

    If need be, I’ll get a part time job a few evenings a week to make us more comfortable but I doubt it would be necessary.

    Leave a comment

    Sent weekly. You may unsubscribe at any time.

    Find Amazing Vendors