To ask how much your OH earns if you are a stay at home parent?

[LittleLeif]

Or how much did you have in savings?
This is very very nosey of me but I am trying to figure out if it is viable for me to ever stay at home with my baby. Unfortunately I have to go back to work full time but am hoping to maybe take a career break when she is a two or three.
We are both in jobs where you get opportunities for annually or bi-annually pay rises that can be quite substantial so I'm interested to see if he will be earning enough to support us for a year by then.
TIA

Wow, I can't believe how much some people earn on this thread. I don't know anyone who earns much over 30k

We are in high six figures without my income, however I think we could still manage on about 50-60k, even in london, if we got rid of school fees and holidays, as we don't have a mortgage or rent to pay.

We have many luxuries in life, but they really are luxuries, not even near necessities. I wouldn't throw my hands up in the air and declare anything under six figures was basic. People live comfortably on much less.

Six figures between us (equal split), but would never give up work because I think life should be about more than getting by on the bare minimum.

85k and we have two children (one on the way). Our lifestyle is very average with few luxuries.

I've done the maths. We could probably do it super frugally if one of us was on £65k but that's the lowest we could go. That does involve provision for savings though - I wouldn't consider giving up work if we didn't have money to put into savings each month.

Net figures are more useful I guess.

We net about 2600 a month. £800 goes to mortgage including a small overpayment.

We lead a comfortable life, we live near the beach which provides cheap entertainment. Have a campervan which is well used, run one practical car and one very impractical one 😂.

Kids are home ed so there are some costs to that, but no uniform or school trip costs etc.

We don't holiday abroad, but don't miss it. May do next year or year after.

Am due with #3 in Oct and will save all my mat allowance as won't need it day to day.

That should say 2400, did my sums wrong. 😂

53k. Have savings but these are from the 53k. No mortgage or rent. We are comfortably off but don't tend to spend much (older cars, cheap holidays and days out etc). Also was previously a teacher in a shortage subject so know I could return to work at any point if that became essential.

I stayed home for 15 years and it was very important to me. I wouldn't have been able to leave the youngest 3 after 2 stillbirths and ptsd. It would have made me very ill.

We started with DH on minimum wage but he worked his way up to over 30K. We have 5 DC so have never been well off but we manage.

The reasons we could manage are;

I was 18 when we had DD1 so we started with nothing and built our way up (often older parents have built a life on 2 incomes so can't drop back)

We were very lucky we bought a small house when mortgages were cheaper

Once we had more than 2 DC the childcare was too costly and me only earning minimum wage couldn't afford to work. This was more so when the twins arrived with special needs. I had constant apts

My husband's hours are terrible shifts and ever changing meaning working around him is impossible. We don't have family help.

So for me it was a no brainer to sah and I loved it and made DH job possible. I also did resits and a degree and now am retraining in a well paid career. Sah gave me this opportunity to better my education having not done well at school.

We are planning for our first child and OH earns around 40k. We have about 15k savings between us and the mortgage is only £400 pm. I'll be looking to have about 18 months off and will then be going back to work for 30 hours pw (I earn around 22k). We don't have any debts anymore and we now live totally within our means. Holidays in the UK, second hand cars and eating out a couple of times per month

Mistresspage trying to turn this into a SAHMvWOHP thread so I'll bite

I earn considerably more than my DH, even though I only work 4 days a week. We have a large mortgage so both salaries needed really but even if they weren't, I would not want to give up the highly successful career I spent years building and become totally dependent on him, and I enjoy work!

240K and it's comfortable.

Yep, outgoings critical particularly mortgage/rent, food, loan repayments and transport/commuting costs as other things e.g. children activities/holidays etc are more "cut your cloth" / lifestyle type choices. We live in Greater London and we could probably have just about managed on one of our full-time salaries (DH and I both earn £50k full-time - but I am part time). That is with £1200 on mortgage and £1.5k annual season ticket and spending about £600 monthly on food (I know we could do that cheaper if need be). And running an old but functional car occasionally but generally walking/cycling locally, about £50 petrol a month plus all the insurance/MOT etc. No debts.

It would be doable but with little leeway for anything going wrong like replacing the car. It would also disregard the longer term picture e.g. pension contributions, saving for future, opting to overpay mortgage etc. That said I did take a career break for 2 years after mat leave with my second and we did manage short-term and I'm grateful we did when DS was small. Longer term both of us working and using some childcare is a better solution for our family.

50k, no debts and comfortable lifestyle near London. However we have a small mortgage and not many outgoings although I don't feel I miss out on anything. Planning on going back to work in a year or two though for my own sanity!

70k ish but lots of work related outgoings so probably nearer 58k. It's tight because we still live in the house we lived in when I worked full time with a biggish relative mortgage now - not huge or flash but in South East. I work PT which gives us UK holidays and extracurricular stuff for children.

These threads always astound me as to how much people earn. I'm a professional and I went to private school but I'm not working now and DH has a decent job and earns 19k.

What do people do? I'm a teacher and my salary was £25k. That was really high for us.

£38K.
However we live in a cheap area. 3 bed house is £330 pcm and Council tax includes water rates. It's £110 a month.we both have the latest iPhones and full Sky package, and a car each. If we wanted foreign holidays and such I would need to work PT at least but as it stands, we're good with me being a SAHM. Maybe when the kids are old enough to be home by themselves I might pick some work up but we're happy right now.

What are your monthly outgoings? How much do you require on top of those for your current lifestyle?
I would look at that with a view to planning. So much depends on your own family circumstances.

FWIW, DH earns around 65k, I am a SAHP to 2 children under 3. Our mortgage is £970 a month for a modest 3 bed house, all other outgoings on top, we also run 2 cars.

We are comfortable, but don't have a huge excess at the end of each month. We haven't been away since we had our eldest, but we have to travel a lot to see family in the U.K. which is a big cost to us.

My dh earns £100k and I couldn't be a sahm unless I wanted a very basic lifestyle

People are on a different planet! Of course you COULD, you just choose not to.

@huttlefuff the average UK salary is £27k.
Your husband if he has a decent job and is earning only £19k is either severely underpaid or working in a part of the country where wages are very low. We're in the South West and 18 year old apprentices with a levels start on £22k.
Teachers should be paid much more in my opinion however the scale does give scope for progression far in excess of £25k (I still think it should start higher)
I'd be looking at why your dh is so poorly paid

Right now I'm a SAHM but we still have high childcare outgoings because I do plan on going back to work soon, and the DC go to private schools in term so the payments continue all year round.

Living where we do, with both of us working, we have to maintain and run two cars as well -- there is literally no public transport where we live. So that, after our mortgage, is our highest outgoing.

DH is on what feels like a great six-figure salary, but for the area we're in, it's the median. If I continue to be a SAHM we only net about £500 at the end of the month according to my budget spreadsheet, but in practice we are a bit more spendy than that, so it makes sense for me to go back to work.

We're not the most frugal family in the world, which is the problem!

www.nasuwt.org.uk/advice/pay-pensions/pay-scales.html

Huffletuff heres the teachers pay scales (England and Wales). Your £25,000 is very low. Has it been a while since you worked? The local high school is advertising entry level teaching roles at over £27,500pa.

DH earns £26k roughly. We receive top ups of Tax Credits & Child Benefit and a tiny amount of housing benefit as we live in the south and our rent is ridiculous (£1200 a month for a 3 bed house). We looked at me going to work but after childcare costs etc I'd need to earn about the same and I'm just not qualified. Once DC3 is in school I'm looking to go back term time only and will earn roughly what we currently get in help.

We are not flash but we're comfortable, my husbands expenses for work travel cover the cost of our car taxes and insurances (owned outright, old cars) so no point in getting rid of them, public transport would be more than we use in fuel. We holiday in the U.K. Live in a nice area, DC do a couple of extra curriculars and we have clothes, food etc. Foreign holidays don't appeal to us so it works for now.

Until recently I was a full time carer for ASD DS but he has moved to live with ExP now, so that's why I haven't worked before.

£85k. We live averagely, no major luxuries but have days out and cheap holidays. We still manage to put money into savings.

I stopped working in March. I'm a classroom teacher, M2.

DH is on a good wage for our area (South West Wales). Our non-professional friends are struggling to get more than minimum wage.