"I remember when my husband and I purchased life insurance years ago. My husband thought that the only insurance he needed on me was enough to cover funeral costs if I died. Our agent explained to him that if I died, he would have to hire someone to do the work that I did...and that would cost money."
Exactly right. We figured what it would cost to put the kids in daycare for a certain number of years, as well as bringing in a housekeeper once a week.
He also would have to pay for a financial advisor if I weren't around (I do all the bills, taxes...etc. and yes - I have a degree in finance)
The funny thing is - the most valuable part of being a mom isn't being discussed. When kids stay home with their mom they receive the security, unconditional love, and care that only a mother can give. No one can replace that or put a price tag on it because the "payoff" lies in the heart - not in the wallet.
I couldn't agree more. My husband and I have been married for 28 years, raised two beautiful sons, and I was a stay-at-home mom as well. Priceless!
Another bonus to staying at home is not having to take a vacation day if I want to take the kiddies to the park/rail trail or pool if I feel like it. I also don't have to waste a vacation day if the kiddos are sick. Honestly, when I worked at a daycare after college, parents would bring the kids in on their death beds so they didn't have to burn a vacation day. Then, they wouldn't return our call to get their child or wouldn't come for hours!! Since my hubby doesn't have to take days off for this type of stuff (he gets 4 weeks a year) and he gets to roll over 2 weeks a year, he has a very nice "vacation egg" saved up!!