How will the economy affect WOH/SAH?

iVillage Member
Registered: 04-08-2003
How will the economy affect WOH/SAH?
2639
Wed, 02-11-2009 - 1:09pm
How do you think the economy will affect decisions by women to stay at home versus work? With so many people losing jobs, do you think more women will be forced back into a job to help out (or take over) family finances? Is SAH parenting

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iVillage Member
Registered: 01-20-2009
Thu, 03-19-2009 - 9:54am
IYO, what is the definition of COL?
iVillage Member
Registered: 04-22-2005
Thu, 03-19-2009 - 9:55am
If I had $250,000, not only could I buy a small house, but also pay off my student loans and both cars with tens of thousands left to spare. Someplace else, the same size/condition house alone could easily swallow the entire sum.
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iVillage Member
Registered: 01-20-2009
Thu, 03-19-2009 - 9:56am
I assume she's talking about unearned income and savings.
iVillage Member
Registered: 01-20-2009
Thu, 03-19-2009 - 9:57am
As you get older and (hopefully) have a higher net worth, the portion of your income from unearned income will grow.
iVillage Member
Registered: 03-11-2009
Thu, 03-19-2009 - 9:58am
ITA with you. Since I have a home already and a "smaller" mortgage than nowadays I would do much better with that amount than someone who is buying a newer, larger home.
iVillage Member
Registered: 01-20-2009
Thu, 03-19-2009 - 9:59am
Are you saying we can't even theoretically postulate egd and her family moving to an area with a higher COL than where she lives now?
iVillage Member
Registered: 03-06-2009
Thu, 03-19-2009 - 10:00am
I keep waiting for that to happen felicia. I didn't even earn enough in interest on my paltry savings to have to claim it on my taxes...I'm not holding my breath LOL
iVillage Member
Registered: 01-20-2009
Thu, 03-19-2009 - 10:11am

Egd can afford to SAH for several reasons. One is that her house cost very little. The second is that her SOL is apparently modest.

iVillage Member
Registered: 01-20-2009
Thu, 03-19-2009 - 10:12am
ROFL - I'll bookmark this for the next time you debate a tangent.
iVillage Member
Registered: 01-20-2009
Thu, 03-19-2009 - 10:14am
I am not now, nor have I ever been, interested in debating the COL where egd lives vs. the COL where crusadergal lives. Why would anyone be?

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