r/stayathomemoms • u/One-Distribution-672 • 4d ago
Recommendation / Helpful Is being a SAHM doable?
I really want to be a SAHM with my 10 month old daughter, but my husband says we can’t afford it. I would like the peoples opinions/experience/advice on the situation.
My husband currently makes around $90,000 a year before taxes. I make roughly $70,000 before taxes. Our mortgage is currently $1,899 a month. We are currently paying my car off ($2500 extra a month) and should be finished with the payments by August. The only remaining debt we will have are my student loans (about $19,000, which he wants to go ahead and start putting $2000 extra a month towards after my car has been paid off) and our mortgage. Other than that, we have no other debt. No credit cards, personal loans, or anything else that needs to be paid off. After taxes, he brings home $5,000 a month.
If I quit work, we would be missing out on around $4,000 a month. But we also wouldn’t have to spend $1,100 on daycare. I would commit to cooking more and spending less money out. I’ve told him that many families have done it with a lot less money. I’ve also voiced that I would be willing to work just 2 days a week, so that still has me bringing in $2,000+ a month. I’m just sad that I’m missing this time with my daughter and really want to be there to help and watch her grow.
He really wants us to pay off my student loans as fast as possible and then save for us to move into a new house in a few years. I do know that would be hard to do without my income.
Is it unrealistic for me to think I could be a SAHM?
Edited to add that I am a dental hygienist, so my work is both physically and mentally exhausting.
Edited again to add that my car payment is only $500 a month, but we are paying an extra $2,000 currently to pay it off. So it’s not an actual $2,500 car payment🤣