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re: Married men of the OT, how many of you are single income HH?

Posted on 1/29/24 at 7:25 pm to
Posted by PhiTiger1764
Lurker since Aug 2003
Member since Oct 2009
13952 posts
Posted on 1/29/24 at 7:25 pm to
quote:

We valued our time together as a family and quality of life more than let’s say $1-2k more a month (after daycare costs). But to each their own.

“To each their own” can be said up to a point.. but for a lot of families $1-2k more a month is a pretty big deal and can lead to a much better quality of life.

I think it’s pretty easy to say “we value our time together more than money” when Dad is pulling $250k+. But it’s a much more impressive thing to say if he’s at say $90k.

I’m not sure what right the “tipping point” income figure would be to go single income. A lot of factors at play in that decision (number of kids, private school, etc)
This post was edited on 1/29/24 at 7:27 pm
Posted by StreamsOfWhiskey
The Woodlands, TX
Member since Jun 2013
613 posts
Posted on 1/29/24 at 8:37 pm to
My wife stayed home when I made $90k/year. In fact when I quit my job and went back to school full time, she stayed home with my first born and we had saved enough money to support us without her working. I make considerably more than that now, but I worked my way up with my wife at home with my kids. It’s possible. Every family is different, but my family focused on living well beneath our means and saving till it hurts. It has worked for us.
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