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Becoming a stay at home mum - what do I need to think about?

117 replies

H007 · 10/02/2019 09:16

I am shortly to become a stay at home mum after working part-time since DD1 arrived (7 years), since then we’ve had DD2 who is 2 next month so I’ve been a working parent for a while. Changes in the demands in my partners job means that it would be really difficult for me to keep working in my job. My question is... is there anything I need to consider before jumping into this? What do other SAHM’s do about pensions etc?

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H007 · 10/02/2019 10:52

@olderthanaverage so it seems.

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H007 · 10/02/2019 10:55

@ILikTheBred OH parents will be having the DD2 on a regular basis so I will have time to myself.

I’m not worried about the conversation with OH its just I’ve never really had much respect for the institution.

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CountessVonBoobs · 10/02/2019 10:56

I think people are probably getting slightly frustrated here because it doesn't seem like you realise the scale of the risk you would be taking, OP. You might ask, what's it to us, it's your life? And you would be correct. It isn't going to affect me if you develop depression at home, lose self confidence, split up, and get mired in poverty for the rest of your life. But I hate to see people sleepwalk into trouble.

This isn't a situation that lends itself well to trial runs. The day you hand in your resignation to be a SAHP is the day your financial prospects and employability change permanently. Let's say you hate it and decide it isn't working out. It's going to take months at best to find a new job, during which time your confidence probably continues to dip, more candidates with current skills hit the market, and the wage you can expect to command declines. You can retrain, but that means starting at the bottom again on minimum wage competing against people who haven't yet had their children or don't plan on any, and meanwhile you have no backup at home. Of course it can be done - women do it every day. But the fact that you and your DP seem to have agreed that you will do this purely to enable his job, without having had a desire to do it anyway, and that none of your discussions so far seem to have raised marriage is worrying.

Interested in this thread?

Then you might like threads about these subjects:

ILikTheBred · 10/02/2019 10:57

Well that’s positive. Don’t look at it as an institution then - just a contract for your new job :-)

H007 · 10/02/2019 10:58

@teaandcrisps I feel your not listening to what I’ve been saying. I already work part-time I can’t work any less. If we were to spilt now I wouldn’t move away from my support network to be nearer to my job. I would more likely quit my job and be looking for something local. So in the same boat as now really! Additionally I can’t do what I currently do locally as it isn’t available therefore I’d be doing something for less money.

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H007 · 10/02/2019 11:00

@ILikTheBred writing up his contract as we speak 😆

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Katterinaballerina · 10/02/2019 11:01

I don’t think it’s down on SAHMs. I think you’ve got the collective wisdom of a lot of people who are or who have friends/family who are 8-15 years down the line from where you are now.

No one wants to imagine their relationship ending, but the stats and the relationships board show that it happens with depressing regularity to women out of the blue. A lot of posters have been there to see the fallout when the sole earner calls time on a relationship. They are trying to warn you to protect yourself because they’ve seen the pain and financial hardships that can come from a situation like this.

If you’re going to be a SAHM, marriage is the best way to legally protect your interests. Hopefully you won’t need it, but it’s like having contents and building insurance. If the house ends up burning down you’ll be bloody glad you have it and utterly fucked if you don’t.

H007 · 10/02/2019 11:04

@Countess maybe it’s because I see this as an opportunity, yes I am aware of the risks but equally I am aware of the benefits of being able to spend some time out to look after my children.

I am not sleepwalking into anything I have thought very carefully about what is best for everyone in my family and I believe for the time being this is the best option. I have lots of support in RL but I wanted to ask about finances etc to people on here as people find it difficult to discuss that in RL.

I have lots of things planned for the coming months and no doubt that I will be busy.

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Teaandcrisps · 10/02/2019 11:08

In your mind we're having a go at SAHM - and we're so not. Read again what CountessVonBoobs wrote.

At least take some of the advice to have a serious conversation with your DP.
If your not into marriage as an institution get some kind of contract that affords you the same rights of a married partner.

Do you think your partner will listen to your pov?

TeddyIsaHe · 10/02/2019 11:09

Why is being busy important?! Being financially secure and able to provide your kids a home if things go tits up is way more important than going on trips out.

It really sounds like you haven’t given this any thought at all.

RJnomore1 · 10/02/2019 11:10

Why did you raise the childcare costs then?

RJnomore1 · 10/02/2019 11:11

Ok I'm getting the idea you're looking for validation not advice which is fine but not what you asked for.

H007 · 10/02/2019 11:11

Because lots of posts have commented on me being isolated

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H007 · 10/02/2019 11:18

@RJmore1 because his company have increased his salary so he takes home what I earn minus childcare cost so financially as a family we will be in the same position as we are now.

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H007 · 10/02/2019 11:21

Anyway you’ll all be happy to hear he came home I said we need to get married he said ok.

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Teaandcrisps · 10/02/2019 11:26

So you have listened but begrudgingly.
And yes, your welcome.

LordPickle · 10/02/2019 11:27

I've been at SAHM since June and I hate it. It's very hard to keep an energetic 2 yr old entertained all day. We go to playgroups and swimming a few days a week but there is still loads of time to fill and my DS loses interest in things very quickly.

I'm looking for a new job. It's harder to stay at home than it is to work. I think my DS would get more out of nursery than he does with me.

Mookatron · 10/02/2019 11:29

I was a SAHM for ages.

  1. Get married - I see you are doing that.
  2. Claim child benefit and as you're probably not entitled to it, pay back via tax. That will keep your NI contributions up to date (but check this).
  3. Don't accept a wage from your H. His salary should go into a joint account for all household expenditure including the kids. You can have pocket money each for personal expenditure. This is very important for your sense of self worth. You are not his employee, the family is a financial unit.
  4. Give yourself some way of a regular evening off. Accept that for you, spontaneous evenings out or quick drinks at the pub are out, but he will be able to do it. And that might make you envious.
Figgygal · 10/02/2019 11:37

Congratulations op

pineappletower · 10/02/2019 11:42

Loads of positives to being a SAHM, but you'll find people who talk about them are often shot down.

The only practical advise I have is to look into critical illness/life insurance for you in light of your new role.

Mookatron · 10/02/2019 11:45

Oh yes and what pineappletower. Being a SAHM has lots of advantages for the whole family. But summertime will be along soon to say it hasn't /shouldn't.

goldengummybear · 10/02/2019 11:45

If you get your wage minus childcare costs, where is the childcare money going?

I really wouldn't do this for 5-7 years. 2/3 years yes but your employability will crash being out of work for so long. Can you move to the location that he works Monday to Friday?

WombatChocolate · 10/02/2019 11:46

I wonder if Op is rather surprised at how many people have said 'get married' and if this is a tricky topic. Op, what are your and your partner's views on marriage? Perhaps neither has been keen before or seen it as needed or relevant, or one has been keen and the other not and it's a topic of contention.

Often people think about marriage as outdated/not needed when they are younger and one partner makes a decision they don't want to do it. They often don't know the practical implications of the choice and say 'we don't need a piece of paper, it doesn't protect relationships from failure etc etc' I wonder how far Op and also partner are aware of the financial and practical implications of being unmarried.

Op, would it be a good idea to show this thread to your partner as food for thought. You didn't approach the issue as asking if you should get married, but about issues related to being a SAHM. Marriage might not have been a key issue in your mind in relation to being a SAHM, but you can see it is....so you do have to think about it and so does partner, if you are both serious about your relationship and covering all bases.

It seems unromantic and mercenary to come to a discussion of marriage because of these issues. It probably feels uincomfortable if you'dve had discussions before about marriage not from a practical but emotional angle and one has wanted to amrry and the other hasn't. However, the discussions still will need to take place.

It probably isn't helpful for posters to keep saying 'are you going to get married' - as if them raising the issue 5 mins ago has resulted in OP making a decision and it being a decision that can be made alone. We don't know what Op's relationship is like or how committed they are to each other or how able and willing to make that formal marriage commitment.

Hopefully Op realises from the many comments that becoming a SAHM without being married leaves her vulnerable. She is looking to plan ahead and reduce vulnerability in all senses and we hope partner is on board with doing that too - if that is the case, he too will be thinking about these issues and be prepared to look at the marriage question.

Op, the decision has been made for him to take the job and work away. Is he fully engaged in looking at the issues of you being a SAHM and what needs sorting to make this work for now and the future, or is it being left to you? It needs to be looked at together as part of the whole package which affects the whole family. Really, these issues should have all been looked at before he took the other job, because the job is only part of the story and it's not really right to make decisions without considering all the implications. In itself, this suggests to me that the balance of interests and full commitment for both parties to fully consider all aspects from the angle of the impact on all the family aren't quite there...something to consider?? This can happen wittingly or unwittingly, but either way needs addressing.

There is a lot to discuss. Start from there being no pre-determined and have everything (including the new job ideally) up for discussion and debate in terms of implications for everyone.

Op are you up for these kind of discussions....might be a bit more to it all than what you were thinking might be the issues in terms of put X% in a pension each month!

Mookatron · 10/02/2019 11:46

Wow horrendous autocorrect! *someone being the worst!

RJnomore1 · 10/02/2019 11:51

Ok I get that but I'm not sure you get what I'm saying which is that overall your family finances are still down your salary in the long term - so in the longer term when your childcare costs reduce (next year?!) you are financially disadvantaged.

It's not that your salary covers childcare so without childcare you're breaking even. It's a long term financial loss in many ways.

Which is fine as long as you factor it in in that way.