Personally, I don't think I would stay at home even if I could afford it. A big part of my identity and self confidence is tied up in my career success - it makes me feel good about myself to know that I am good at my job and that I am a good provider for my family. But I certainly don't begrudge other moms their choices. I wish that every family that wants a stay at home parent could afford it. I'm pro-stay-at-home-parent choice.
Ive been out of the work force for 6 years. Our cost of living is very expensive ( mortgage/college savings/ food etc) - I'd be crazy to say that my baseline for "good providing" means not STARVING.
It sounds like you and your DH also have extensive estate planning in place ( though you said no will, which is interesting for a family so well covered financially). Otherwise I would have NO IDEA how you could have such confidence in your ability to care for your children and work full time so well and thoroughly as to be financially independent. You must have a great career you can fall back into or something.
I could not afford an apartment, basic food and clothing if dh and I were making minimum wage here . We would be on government assistance.
eta/ forgive my typos I'm getting a pedicure and on my phone. Pedicures are part of my ongoing quality of life should my spouse die, not just food and water
Last edited by Potter75; 02-20-2013 at 02:37 PM.
That doesn't, however, mean, that it always keeps up, dollar for dollar, with the increased cost of living. But any company that pays the same across the U.S. is stupid (beyond entry level jobs which will, of course be at or near minimum wage).
CARRIE and DH 7/14/07
Cost of living differences are another reason raising the minimum wage will not work. There are many places like here in Texas that minimum wage is already enough to live on. Why should employers in Texas be forced to pay their workers more because the cost of living is higher in other places?
Mom to Lee, Jake, Brandon, Rocco
Stepmom to Ryan, Regan, Braden, Baley
Granddaughters Kylie 10/18/2010 & Aleya 4/22/2013
I never consider a difference of opinion in politics, in religion, in philosopy, as a cause for withdrawing from a friend. --Thomas Jefferson