? for high paid WOH that decided to SAHM

iVillage Member
Registered: 08-19-2007
? for high paid WOH that decided to SAHM
716
Thu, 05-01-2008 - 8:32am

I've never written on this board before but I'm hoping I can find some other women out there that were in the same spot I am in.

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Avatar for myshkamouse
iVillage Member
Registered: 03-26-2003
Sat, 05-03-2008 - 12:17am
Really??? If you paid your nanny min wage (god forbid) and a cook and housekeeper, how exactly do you "sock" away money on $120k a year???
iVillage Member
Registered: 07-17-2007
Sat, 05-03-2008 - 7:16am

I think the cook and housekeeper would be part time perhaps or part time AND the same person?

Hmmm, $120k would result in roughly $60k in take home. Since life is so cheap where she lives, maybe a full time nanny would cost $25k (@$10/per hour 50 hours per week), a full time housekeeper/cook another $15k (20 hours a week)- that would leave $20k to sock away.

iVillage Member
Registered: 04-22-2005
Sat, 05-03-2008 - 9:05am

I'm in Houston, too, and cost of living IS low. Heck, give me 50k a year, I'll be your nanny, cook AND housekeeper. Still leaves a nice little chunk for her to put in savings for the kiddo.




Edited 5/3/2008 9:07 am ET by finally.me




iVillage Member
Registered: 07-17-2007
Sat, 05-03-2008 - 10:06am
It would leave about $10k.
iVillage Member
Registered: 04-22-2005
Sat, 05-03-2008 - 1:30pm
Yes. It would leave about 10k to put in college savings every year, as opposed to having nothing to put in. I don't know about you, but I don't snub my nose at 10k a year.







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Edited 5/3/2008 1:32 pm ET by finally.me




iVillage Member
Registered: 04-22-2005
Sat, 05-03-2008 - 1:40pm
All I'm saying is that I don't see what the problem is in her situation. Whether she continues working or if stays at home for five years and comes back at entry level, her family is financially secure and then some.







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iVillage Member
Registered: 07-17-2007
Sat, 05-03-2008 - 2:02pm
Why so snippy? I was merely making a statement of fact and did not comment if I thought it was too much, not enough, or just right.
iVillage Member
Registered: 04-22-2005
Sat, 05-03-2008 - 2:16pm

I was snippy because I thought you were being snippy, too. If you weren't trying to be, I apologize. I had stated earlier that if she wanted to keep working, she could afford to hire help and still have money left over to save for college. You asked how could she have money left over, and when I explained how she could, you stated bluntly that it would leave 10k a year. You said nothing else, so it gave the impression that you didn't consider that a significant amount of money.

By the way, I'm not trying to be snarky in this post. I want you to see my train of thought.








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iVillage Member
Registered: 07-17-2007
Sat, 05-03-2008 - 2:59pm
Where did I say she wouldn't have money left over?
iVillage Member
Registered: 04-22-2005
Sat, 05-03-2008 - 3:04pm
ARGH! I really have to pay more attention to who is talking to me and who I'm talking to! I thought I was talking to myshkamouse. No wonder things got so weird! I'm so sorry!







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