Post # 1
Darling Husband and I have 2 kids and we both work full time. As the baby-window is closing (I turn 35 next month), we have been talking about the possibility of having/not having a 3rd child. To me, this hypothetical 3rd child would be the breaking point as far as continuing to work. I don’t think I could successfully work and run a household with 3 kids at the same time. And so our lives would change dramatically if I no longer worked and we are not sure if we want that or not. So, pretty please- what is your cut off point and what are your reasons for it?
*Current mommies and not-yet mommies welcome to answer as well!
Post # 3
I’m not a mom but I love my job and get a really big sense of accomplishment from it (plus by the end I’ll have a PhD, and I will want to use that!), so I could have a bazillion kids and still work 😉 Would probably hire a cleaning lady with my cold hard cash though haha
Post # 4
I’m voting from a stricly financial way of looking at this.
Where I live daycare costs between $800-1000/month. At two children we would be spending about 80% of my cheque on daycare costs. This would leave my FI’s cheque to manage mortgage, utilities, household costs and everything else.
At two kids, I think it would make more sense to stay home and not have to balance a job and daycare costs. Less juggling and more flexibility…although the same amount of money would be brought home.
Post # 5
Are you talking about permanently or just until they start school?
Permanently, probably never for me. I love my job too much.
Until they start school probably 3 kids if they were all under school age? Since that would tip us into the day care being more than I’m making point.
Post # 6
Hmm I can’t really answer this poll because I would never have so many kids that I could no longer work. If I knew that having another child would make it difficult or impossible for me to keep my career I just wouldn’t have that child.
Post # 7
I will be staying home after 1 child and for all subsequent children but that’s only because it’s been what my husband and I have always wanted and agreed upon. From a financial standpoint it makes sense because of daycare costs versus my paycheck.
ETA: I will probably work part-time after our kids are all in school but we’ll see when the time comes.
Post # 8
1. no doubt. I don’t make any money and I’m not passionate with my career. The daycare costs equal my paychecks!
Post # 9
Whether it’s 2 or 3 children that need paid daycare because I am at work, then work will go. I don’t know if it’ll be two, but definitely three! Until they are older I will happily leave my career, I think it comes down to seeing how things pan out, the costs and how Darling Husband and I are doing financially!
Post # 10
@eeniebeans: could you hire a nanny if you have 3 kids? I bet that would equal the cost of 2 kids in day care….
Post # 11
Two kids would take all but $5k of my current post-deductions salary. For me though, I’d love to stay home full time, but not sure Darling Husband would be completely on board. So I would look into working from home a couple days a week/dropping from 40 hours to 32 or some combo therein.
Post # 12
We will have our 2nd in June. When we started TTC I changed my career and started my own business. This allows for me to still make money and have my own identity, but allows for me to have full control of when and how much I work. This will allow us not to have to put children in daycare either as I can schedule my work around my husbands schedule.
Post # 13
regberadaisy Well, the things is, before/after care costs quite a bit as well. So, getting the kids to school age is not the only hurdle, since elementary age kids can’t be at home for the apx 2 hours after and before school.
Janna19 That is actually a very good idea, I had not considered that.
Post # 14
No matter how many children we have, we plan on me staying home until the youngest is old enough for preschool. I highly doubt we will have more than 2, and we want to have them close together, so I don’t think I will be home for very long anyway. Maybe max 6 years, and during that time I have other options with my career and possibly work from home.
Post # 14
I am a nurse, so I could work casual and pick and choose my shifts if I wanted, so I don’t think any number of kids we would have would cause me to quit working completely. I love my job as an NICU nurse so much, and not being able to do that job would be extremely sad for me. If we had enough kids that it wasn’t financially wise for me to work my regular position (which would probably be like 5 or more) I would probably go casual and just work weekends when my Darling Husband is not travelling to keep myself working.
Post # 15
I’m basing the decision of how many kids will tip us over to exceeding my paycheck on how much infant care is. Which is the most expensive. It gets cheaper as they get older. I think after school programs would be significantly cheaper. Or my husband and I could swap schedules so that I go in early and leave at early afternoon to meet kids at bus stop. And he goes in late to drop them off at school and comes home at like 6pm.
So I foresee the most expensive care option being when they are young, under school age.
So for us, we can make it work when they are older. So I would only consider not working if we had 3 kids all at under school age.