Re: Stay at home parent?
depends who has more "earning power".
I am an engineer and started with a higher salary than my wife. She has a 4yr HR degree and I have a 4 yr Mechanical Engineering degree. I made 2X what she did when we met.
However she got her license last year, and her earning power is clearly higher than mine. She could be an HR director within 5 years, salary which would be 2X mine. Her ceiling is a lot higher.
So if the wife would be bagging groceries, scooping fries, or holding a simple contributor role, then staying at home is probably better.
If the wife has earning power, consider the earning years between 30-60 are a person's BEST investment to a richer financial life.
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