OMG I'm so excited, but so scared…

posted 3 years ago in TTC
Post # 3
Member
1765 posts
Buzzing bee
  • Wedding: October 2014

@Charlies_Angel:  why dont you start an emergency/extra cash fund now and both of you contribute to it a set amount every pay period until the baby comes that way if things ever get tight you have that to fall back on….and to use for extra expenses….just a thought….good luck TTC!

Post # 4
Member
944 posts
Busy bee
  • Wedding: September 2013

@Charlies_Angel:  dont you worry! If you only take a year or two off, you will easily be able to bounce back. Even if it’s five years later, you can always go back to work.

The time spent with raising child will mean more to you than your salary at the end of life.

Post # 5
Member
291 posts
Helper bee
  • Wedding: August 2012

My advice is to increase your emergency fund to at least $50k. There is no guarantee you will be able to find a job after a year you take off. It might take longer than you think.

Post # 6
Member
53 posts
Worker bee
  • Wedding: September 2013

Your plans and my plans coincide! I’m really happy for you. 

Money is just…money.  If something were to happen, it’s not like you wouldn’t be able to (try to) return to work earlier than planned. 

We know we’re ready to starting ttc after the wedding but we don’t have solid work plans in place yet.  My mother and I own our own business, and FI works for another small family business, so we’re lucky to have incredibly flexible workplaces.

 

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