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Working Moms...what percent of your salary

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yankinmanc
Happy Days!

Member since 8/05

18208 total posts

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Re: Working Moms...what percent of your salary

Its really funny, I have always loved working, but I also have really loved being that school run mother, who goes to every school party with a baked good, who goes to coffee morning every friday and serves food at the Christmas fair...

I always expected that I would want to go back to work etc, but the old cliche etc, I'm not having another baby, and I love taking care of the family...so I just don't know if its worth it for me.

I think I would like to have a 2-3 year career break, and then find something else to do! Who knows...

Posted 1/10/11 3:14 PM
 
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CaseyGirl
Mommy to 3 Boys :)

Member since 5/05

19978 total posts

Name:
Jen - counting my blessings...

Re: Working Moms...what percent of your salary

About a 1/3 of my monthly salary.

Posted 1/10/11 3:16 PM
 

Rycois
Blessed with 2blue/2pink

Member since 12/05

13341 total posts

Name:
J

Re: Working Moms...what percent of your salary


Good luck with your decision Chat Icon

Message edited 1/10/2011 6:39:05 PM.

Posted 1/10/11 3:17 PM
 

Bxgell2
Perfection

Member since 5/05

16438 total posts

Name:
Beth

Re: Working Moms...what percent of your salary

Posted by yankinmanc

Its really funny, I have always loved working, but I also have really loved being that school run mother, who goes to every school party with a baked good, who goes to coffee morning every friday and serves food at the Christmas fair...

I always expected that I would want to go back to work etc, but the old cliche etc, I'm not having another baby, and I love taking care of the family...so I just don't know if its worth it for me.

I think I would like to have a 2-3 year career break, and then find something else to do! Who knows...



Or maybe a more flexible job? I never imagined I would love being the "School Mom" either, and somehow I landed the role, and really enjoy it. I work full-time but my job is so incredibly flexible that I am able to participate in every school party, event, PTO meeting, etc. It's a nice balance having one foot in both worlds...

Posted 1/10/11 3:19 PM
 

Sandy55
My family ROCKS!!!

Member since 2/08

1219 total posts

Name:
Sandy

Re: Working Moms...what percent of your salary

Posted by Linda1003

Posted by Sandy55

I am still too scared to calculate it! Chat Icon



LOL I never did the calculations until today...im Chat Icon Tutor time is so worth it but it's sucking me dry!!Chat Icon



Me too! And we want to have another baby, but the daycare costs for 2 kids would be nuts....and I aint gettin any younger!!

Posted 1/10/11 3:19 PM
 

Linda1003
love my 2 boys

Member since 8/08

10923 total posts

Name:
Linda

Re: Working Moms...what percent of your salary

Posted by Sandy55

Posted by Linda1003

Posted by Sandy55

I am still too scared to calculate it! Chat Icon



LOL I never did the calculations until today...im Chat Icon Tutor time is so worth it but it's sucking me dry!!Chat Icon



Me too! And we want to have another baby, but the daycare costs for 2 kids would be nuts....and I aint gettin any younger!!



OMG this is our problem too Sandy...how can i possibly have another child!! I can barely afford one in daycare!!Chat Icon

Posted 1/10/11 3:23 PM
 

julz33
i run for bacon

Member since 5/05

20584 total posts

Name:
julz

Re: Working Moms...what percent of your salary

Its a tough decision. For me it comes down to a lot more than just the money.
I work p/t and pay about 40% of my salary to daycare for the twins. Thats not including what I pay for Landon's preschool and what I "pay" my MIL for watching him (she doesn't take $ we give her gift cards and presents). If I count that it jumps to about 45-50%. It sounds like a lot but even after paying all this I still make a decent amount per hour. Thats the way I look at it rather than %. Yes it would be nice to make that total amount but thats not possible having kids. I also enjoy working, am avoiding having a gap on my resume, have flexible hours and a short commute, awesome boss and coworkers, like having adult time and lunch break, like that Landon spends time with MIl?FIL, etc. Factoring all that in makes it worth it to take home 50%.
Good luck with your decision!

ETA: when I worked full time it would NOT be possible for me to afford daycare for 3 kids. I am doing much better working p/t. I make a lot more working p/t... less overall but more per hour.

Message edited 1/10/2011 3:28:59 PM.

Posted 1/10/11 3:23 PM
 

Salason

Member since 6/05

9878 total posts

Name:

Re: Working Moms...what percent of your salary

25% of my net

Posted 1/10/11 3:25 PM
 

TreAnt427
-

Member since 8/06

8652 total posts

Name:
Tracy

Re: Working Moms...what percent of your salary

about 25% of my take home pay

Posted 1/10/11 3:26 PM
 

yankinmanc
Happy Days!

Member since 8/05

18208 total posts

Name:

Re: Working Moms...what percent of your salary

Thanks everyone, a bit part of this is having my husbands buy in, because he will have to help support me! And I have expensive tastes!

I will try to find a more flexible job, but I would just like another two years to be home with my kids. I am not a high earner, but I work in a high pressured, deadlines driven job...so that part of it is just making me feel a bit sick at the moment!

Posted 1/10/11 3:26 PM
 

mrsgafforio
LIF Adult

Member since 3/07

3929 total posts

Name:
Christine

Re: Working Moms...what percent of your salary

DS starts 3 days a week next month. It will be about 10-15% of my take home after taxes.

Posted 1/10/11 3:30 PM
 

chikita315
Love

Member since 8/06

7945 total posts

Name:
M-lo

Re: Working Moms...what percent of your salary

1/3 of my net pay

It will go up about 45% when the 2nd baby comes

Posted 1/10/11 3:30 PM
 

antoinette
boy mamma

Member since 5/05

2975 total posts

Name:
Antoinette

Re: Working Moms...what percent of your salary

43 % with the 2 kids.

Posted 1/10/11 3:36 PM
 

robynfs
12/6/10!!

Member since 9/05

4947 total posts

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Re: Working Moms...what percent of your salary

Mine will be about 35-40%.

It could be 80% and I would still work. It is very important for me to continue my career, make my own money and challenge myself in areas outside the home.

I love my family, and appreciate the work it takes to be home full time but it's just not for me. DH would love for me to work full time caring for our family and home, but he understands my work outside the home is just too important for me to give up.

Posted 1/10/11 3:36 PM
 

Ian&EmmesMommy23
My family is complete!

Member since 11/08

12970 total posts

Name:
Diana

Re: Working Moms...what percent of your salary

mine is about 20% of just my take home.

Message edited 1/10/2011 3:51:53 PM.

Posted 1/10/11 3:39 PM
 

Karen08
LIF Adolescent

Member since 11/08

611 total posts

Name:
Karen

Re: Working Moms...what percent of your salary

Posted by SweetCaroline

Posted by Linda1003

78% of my monthly paycheck goes to pay daycare..yet I still can't afford to stay home.. crazy!!Chat Icon

eta: after taxes.



Chat Icon So frustrating. But pls remind yourself there is more to it then just today's paycheck - factor in your retirement, benefits, and place in the workforce...



thats what happened to me- but i decided it would be best if i stayed home but now we are kinda struggling- i guess we are use to 2 paychecks.

Posted 1/10/11 3:46 PM
 

NervousNell
Just another chapter in life..

Member since 11/09

54917 total posts

Name:
..being a mommy and being a wife!

Re: Working Moms...what percent of your salary

I haven't done the percentage but I look at it this way- even it's a huge percentage, it's still money coming in.
So even if I had to pay 80% towards daycare (which I don't) but even then, that extra 20% is something.
It's money I wouldn't have if I stayed home.
If it pays for formula, diapers, clothing for the baby, whatever...it's something.

ETA- I did the math- daycare is 20% of my salary.
Luckily we only have to do 2-3 days a week due to my DH's schedule.

Message edited 1/10/2011 3:53:12 PM.

Posted 1/10/11 3:50 PM
 

Pray4Baby2010
<3 Cutest Giants Fan

Member since 10/09

5796 total posts

Name:
MB

Re: Working Moms...what percent of your salary

ours will be about 1/4 of my take-home- this does not take into account my pension, 401k matching, medical, dental, plans etc.

plus I love my job and especially now since dh's job was outsourced- I am the major provider

Posted 1/10/11 4:03 PM
 

dpli
Daylight savings :)

Member since 5/05

13973 total posts

Name:
D

Re: Working Moms...what percent of your salary

Posted by Bxgell2

Although, truthfully, even if it were upwards of 70%, I would still work, because of the benefits (health, retirement, etc), and the uninterruption of my career, and because the daycare expenses are only temporary...



ITA. I pay a good deal less than 50% of my takehome pay, but my benefits are amazing and I couldn't imagine that I wouldn't be working once he was in school full time.

Posted 1/10/11 4:04 PM
 

shiv
Twinsanity!!

Member since 5/07

4747 total posts

Name:
Shiv

Re: Working Moms...what percent of your salary

Around 15% of my take home pay goes to daycare.

Posted 1/10/11 4:20 PM
 

lullabella
LIF Adult

Member since 5/05

2246 total posts

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Re: Working Moms...what percent of your salary

Mine is about 60% of my take home for 3 but that being said 2 of my boys are in very good but expensive preK programs so I think it is worth it.

Plus I also work for my owm mental health so that has its own price!!

Message edited 1/10/2011 4:23:25 PM.

Posted 1/10/11 4:21 PM
 

jellybean78
:)

Member since 8/06

13103 total posts

Name:
Mommy

Re: Working Moms...what percent of your salary

30% of my net goes to DDs child care but that is just my net...not DHs. I think anything over 50% would just cause me to quit unless I needed benefits.

Posted 1/10/11 4:25 PM
 

skinny
3 boys and a princess!

Member since 11/08

8178 total posts

Name:
Momma

Re: Working Moms...what percent of your salary

I haven't done the % but no matter what it is, the benefits at my job make it worthwhile. I was also able to flex my schedule and took a pay cut to have Fridays off. We had to make a lot of budget cuts (cancel HBO, no more manis, etc) when i took the pay cut, but it was worth it. Maybe u can see if u can change your hours or cut back?

Posted 1/10/11 4:29 PM
 

bluekat16
My boys :-)

Member since 3/09

6659 total posts

Name:
Kathy

Re: Working Moms...what percent of your salary

A little more than 25% goes to daycare.

Posted 1/10/11 4:29 PM
 

Shorty
.

Member since 5/05

30390 total posts

Name:
really

Re: Working Moms...what percent of your salary

Approx 30% of my take home

Posted 1/10/11 4:33 PM
 
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