Before Samuel came home, I never even considered being a stay at home mom. I didn't even imagine that it would be possible, but the longer I'm home with him, the more I hate the idea of going back to work. Now I'm thinking harder and harder about it and even looking into how we could cut back and what would have to happen to make it a reality.
I've prayed about it a lot too and find that several comments from you all, on other posts, have really spoken to me. I wonder if God is telling me this is what I should do. I find myself wondering now if it's possible.
How could we possible cut back far enough, (without losing our home), for me to quit work!?!
I have major guilt about even considering this because I don't want to put all the financial burden and stress on my husband. I also would have to finish out the school year because I wouldn't be able to just leave my kids and school in the lurch. So, I've given myself the rest of this school year to figure this all out. With that said, here is what I've worked out so far:
1. I've worked as a teacher for 18 years, but to get FULL retirement, my age plus my years experience need to equal 75 and right now they only equal 59. I have a call into the retirement board to see exactly what I would get if I retired now. Also retiring now doesn't mean I can't go back later.
2. My husband has been a straight commission car salesman, up to this point. Meaning, if he doesn't sell anything, he doesn't get paid. Recently however, they've had a lot of guys quit and "the boss" has now given him (and 2 other guys only), a guaranteed $1000 up front each month, "until the economy recovers."
3. I am looking for part-time (at home) work, (maybe typing) to help out. I'm in the research phase right now, but if anyone has any ideas that would be great. Let the flood gates open!
4. All our medical, eye and dental insurance comes out of my paycheck right now ($450 mth), so my husband is going to look into what his company offers. Six years ago, it was a better deal to go with my employers insurance and we haven't looked back into it since. It's gone up every year and more this year since we added Sam.
5. If I were to stay home, we could cut out my cell phone, which could hopefully cut the bill ($81 mth) in half.
6. We are also looking into different car insurance ($183 mth), cable/Internet/phone ($172 mth) and life insurance plans ($86 mth) too.
7. We wouldn't have to pay for childcare ($320-$400 mth). This will start in February, when I go back to work.
8. Right now I have a 44 mile, round trip, commute each day to work, so that would be cut and we could save a lot in gas money ($60 mth).
9. I wouldn't be spending my own money on supplies for the classroom either ($50 mth).
10. We wouldn't be able to put extra money ($250) to our car and home (to pay them off faster).
11. I also think we'd save at least $100 a month on the food bill because I'd be cooking every night. Right now (when I work) my husband sometimes gets home when I'm heading off to bed, so he just gets fast food and we've been eating a lot of frozen or already prepared meals, which are much more expensive too.
12. I've considered getting a cleaning lady, because with Samuel and a full time job, I fear the house will fall apart without it. I wouldn't get this service if I stay home.
13. I'm also taking into consideration our mental health. It will be a lot more stressful once I go back to work. I know women do it every day, but the more of your blogs I read the more I realize that it would be better for Samuel too. I always had a parent home, when I was growing up and most of my nieces and nephews did too. Also, Richard only has off one day during the week and every other Sunday, so if I were home, we would have more time together as a family.
I know that I need to trust that God will take care of us, but I also have to have a plan. Jumping in without a net is scary! WHAT DOES GOD WANT ME TO DO? CAN WE REALLY MAKE THIS WORK? IS IT EVEN POSSIBLE IN THIS ECONOMY?