A few ?s for those SAHM's

iVillage Member
Registered: 07-13-2006
A few ?s for those SAHM's
155
Thu, 06-25-2009 - 10:08am

I'm considering staying at home but have a few questions for those of you that do.


Approximately how much does your significant other make that enables you to stay home?

Can it be done with only


 Photobucket

     &nbs

Pages

iVillage Member
Registered: 07-10-2009
Sat, 07-11-2009 - 12:56pm
Not while keeping your pride, you can't.
iVillage Member
Registered: 03-21-2001
Sat, 07-11-2009 - 9:52am

I think it also depends on where you live, too.

Around here you see parents out with kids during the day. But it's So. Cal, the weather is great year round, and a large % of my friends do part-time work (ah, I miss part time work).

In other areas of the country where it's humid or it's really hot, people are less likely to be out. We've kinda become a nation of indoor couch potatoes. Even we've gotten lazy and tend to play indoors more than just walking the two blocks to the park. Then again, we can just go play in the backyard too.

Personally I like being "out and about", as long as I can avoid spending money. Luckily I don't have a coffee habit.

Yeah, health insurance has become a huge issue.

iVillage Member
Registered: 01-24-2005
Sat, 07-11-2009 - 12:07am

Thankfully we are all healthy!


I was told that everyone can get free health care here if they cant afford to pay so I guess I would have to go there.

iVillage Member
Registered: 02-04-2009
Fri, 07-10-2009 - 11:50pm

Given that an $800/mo mortgage works out to $9,600 a year, that would leave you only $400 for the year for health care costs.

good luck with that.

************

Kitty

The horrifying consequences of underaged
baking cannot be overstated.--me, because there's nothing you can't learn from teh
interwebz


************

Kitty

"If you can't annoy somebody with what you write, I think there's little point in writing."-- Kingsley Amis, British novelist, 1971 t .

iVillage Member
Registered: 01-24-2005
Fri, 07-10-2009 - 11:20pm

I allowed $10,000 on top of my husbands salary of $30,000 to allow for medical and housing but maybe I was being a little under in my estimate.


I never shop in the Commissary, it is 20 mins away and that is gas money.

iVillage Member
Registered: 03-21-2001
Fri, 07-10-2009 - 10:44pm

Ah, that makes more sense.

Don't take this the wrong way, but...I used to be in the Navy (met my spouse there). And the change from military medicine to civilian is a big shocker. Huge.

I've seen the changes in the health care and heath insurance arenas over the years that I've been out, and it only gets worse. The cost of health insurance for a family of your size would be tens of thousands of dollars a year if paid out of pocket. I've tended to work for very good companies with good insurance, and still premiums on your family would cost at least $5k a year, and you'd have no dental coverage. Plus a $5k family deductible.

That math potentially works out to 25% of your dh's salary, by the way.

And if you shop at the commissary, then you REALLY can't appreciate the difference in grocery prices either.

iVillage Member
Registered: 06-23-2009
Fri, 07-10-2009 - 1:44pm

It depends on a LOT, but it can be done on such a low income. You may have to make some serious changes, but it's entirely possible.


We make about $23K a year and have three children with another on the way. That said, we also have a paid-off mortgage which means we only have to pay property taxes (about $2K a year) and expenses. Our monthly income averages almost $2K a month and all of our bills are about $1K a month. I do a LOT of cooking from scratch, and I sew our clothes and mend them when they need it, rather than buying new. When I do need to buy clothes, I shop at thrift stores. We do a LOT of shopping at garage sales and thrift stores.


I think the problem in your situation is the amount of monthly expenses you have. You probably can't do much about the mortgage, but you might want to look into re-financing. Interest rates are a lot lower now than they were a few years ago, and you might be able to cut your mortgage payments. I would definitely look at the issue of those car payments--that's taking a BIG chunk of money out of your family budget. You could go down to one vehicle, depending on his job and how much driving you'll be doing if you stop working. Student loans you can't do that much about, although if the student loans are in your name, you could possibly have them recalculated to cut the payment if you become "unemployed".


The biggest thing to look at is your own expectations. Is it possible? Absolutely, but you'll have to adjust your expectations. You will have to cut spending, especially discretionary spending. You can save a lot of money, for example, by packing your husband's lunches instead of having him buy lunches. It takes more work, but it's do-able. Being a SAHM is most definitely a JOB. Your job doesn't bring in extra money, but it helps your household to keep the money that is there already. Your job will be to make sure that the household runs nicely and smoothly while spending as little as possible. So I think it's very possible to be a SAHM on a limited income, but only if you (the SAHM) understand that it will take two to make it work.

iVillage Member
Registered: 02-04-2009
Thu, 07-09-2009 - 5:54pm
Indeed. Also a quote from War Games: "An interesting game. The only winning move is not to play."

************

Kitty

The horrifying consequences of underaged
baking cannot be overstated.--me, because there's nothing you can't learn from teh
interwebz



************

Kitty

"If you can't annoy somebody with what you write, I think there's little point in writing."-- Kingsley Amis, British novelist, 1971 t .

iVillage Member
Registered: 06-27-1998
Thu, 07-09-2009 - 4:59pm

<

PumpkinAngel

iVillage Member
Registered: 05-06-2007
Thu, 07-09-2009 - 4:59pm
LOLLLLLL! That sounds PERFECT. Dang, I wish I was going to be there. Can't wait for pics, though!

melissajune21.jpg picture by ambersspace


&nbs

Pages