Comments on: Financial Considerations for New Stay-at-Home Moms

By: Christina @ Northern Cheapskate

Christina @ Northern Cheapskate — Fri, 11 Jun 2010 13:37:27 +0000

@ tracy – You made a very good point I hadn’t thought of! A divorce can be very devastating to your finances and emotions – and as a stay-at-home mom, you should be prepared for the possibility just as you would the death of a spouse.

By: tracy

tracy — Fri, 11 Jun 2010 03:39:54 +0000

Looking at this a little more cynically, having just gotten a divorce, I would have this piece of advice-
Ladies, watch your back. After 16 years of part time work, and 6 kids, the judge put a higher income in for me than my ex! Because I have an old college degree that I can’t use in this state, 13 years since I worked that job.
I would say for the women of this century, it is harder than ever to stay at home. You are expected to be a money machine while tending these little miracles. Whoever said that you can do it all, hasn’t tried. It is tough out there, and it is better to be prepared than poor. Look out for yourself when you are making what I think is the best decision for the kids, to have a stay at home parent.

By: Money Savin' Momma

Money Savin' Momma — Wed, 14 Apr 2010 21:00:29 +0000

Great post Christina! The emotional considerations are something people often overlook I think, as well as life insurance!! Thanks for a rockin' article! :)