how much do you save?

each month after all bills are paid..DH wants me to be a stay at home mom but im so nervous about money. After all the bills we are still able to save over 1k a month but i duno i need reassurance

Re: how much do you save?

We save my entire salary, and some of DH's. We have been doing this for years, so I can afford to be a SAHM... but I don't think I am ready to give up all of my hard work on my career or on my masters. I wish I could work flex. hours or p/t, but where I am now I will have to stay f/t. I am planning on going back and taking it one day at a time.
Why don't you consider a p/t job so you can still stay home most of the time with the baby but yet have a little $ coming in as a back-up?

Re: how much do you save?

that is what i was thinking but DH said its a waste since ill be making pretty much nothing working pt..he rather me be home with DD and also i will be taking a few courses so he wants me to concentrate on that

Re: how much do you save?

Thats awesome you are able to save that much each month! Sounds like you willl be fine on just one salary! I too am going to be a sahm for one year after baby is born.. then ill go back. Im very excited but like you, worried about money.

Re: how much do you save?

Wow, that is SO great that you are all able to do that!! I am jealous. We don't have the option of saving a dime. Eh, someday.

Re: how much do you save?

I think you'll be fine if even as a SAHM you can still save $1000/mo.

Right now, with both our salaries, we only save $500-$1000/mo and then my year-end bonus, which I know we shouldn't rely on, but we do heavily.

There is no way I could be a SAHM!! I really wish I could though.