[QUOTE=starryspice]
Thank you for the responses, this has been thought-provoking for me to read. Several people have stated that this is a personal decision, and I agree. I think what I’m really looking for is just people’s personal accounts of the decision-making process.
[/QUOTE]
Well, I didn’t relate our experience because I didn’t want my personality bleeding over Tom’s nice clean carpets. But if you put it that way …
My wife was in grad school in biology when we got married, but she had already decided she hated it, and didn’t want to get a PhD in something she never wanted to do. When I finished we moved, and we decided that since we were going to have a kid in a year, it was silly for her to start working. (We could afford it, happily.) We found a middle ground. She always liked to write, so as our first child got older she lucked into selling a story, and started selling more. She moved from games reviewing to writing columns for a magazine for nannies, and from there into self-syndicating childcare articles. She does all kinds of freelancing now, and has written a few books. Now both kids are out of the house, but she has no desire to go to work in a traditional job. The best thing is that even when I retire she can keep at it. So, she’s been able to stay home, doing something she likes, and adjust the amount of work she accepts according to circumstances. She can do this since my salary was adequate, and I had good benefits. Today, with good connectivity, her job is much easier, since she no longer had to mail manuscripts or floppy disks around, and she can do a lot of research on the web.
We’ve never worked on the principle of worrying about divorce, since our long and bizarre courtship meant that we’d never have gotten married if there was any alternative to being together. As for being hit by a truck, I’ve always carried a good bit of insurance just in case.
Not everyone can do something they enjoy which pays at home. Not everyone has the luxury of a ramp-up period. Neither of us likes wasting money, so we’ve never carried any debt except mortgage. We know plenty of two income families with bit credit card debt.
One other thing. The NY Times articles on this subject are always about VPs and lawyers and the like. For many people though, childcare and various additional expenses of both partners working makes the incremental income not that high. These people might be the ones who really need it, though. We almost never get takeout or go out to fast food restaurants. I can understand how tempting that is if both of you come home at 6 or 7 pm tired.