I was wondering how many of you became a sahm after the birth of your multiples. We already have a almost 3 year old and after the triplets it will not be worth it for me to work compared to the cost of putting all 4 in daycare. I am super excited to stay home but as it gets closer i am worried about money, all the medical bills from the birth and if i have to do hospital bed rest. (i live almodst an hour from the hospital) We have been living off DH salery for a few months nad it is tight. I am also trying to figure out we will pay for a larger vechile, any tips, aideas or just what you did would be greatly appriciated. Thanks!
Re: Did u become a SAHM after your multiples were born?
I did. I worked at a non profit so when we crunched the numbers(my salary, benefits, my hour commute) plus my weird hours, DC just didnt make any sense.
I now have my own p/t business which is bringing in some extra income.
I was a SAHM getting ready to start my job as an attorney when I found out I was pg with twins. I decided to stay at home with all of them for the same reasons you mention. We traded in our car on a used minivan that we got an awesome deal on. We cut costs by planning out our meals carefully and eating out less, like hardly ever. I found I can make my favorite restaurant meals for a fraction of the cost. Cut coupons and tell friends and family to cut them for you if they see some they know you will use. I hardly ever buy diapers without a coupon. Try generic brands, many times they are just as good and are consistenly cheaper than name brands.
If you have medical insurance you should be able to easily find out what your OOP max is and plan on spending that amount. Start saving money now and cutting out everything that you can. When I ended up on bedrest in the hospital unexpectedly I was really lucky in that family, friends, and good neighbors helped out. When somebody asks you how they can help, give them a way. Having people bring over frozen meals or babysitting your toddler for an hour, or even grocery shopping for you are easy ways that others can help and make a huge impact. Don't be afraid to use all your resources and take advantage of those offers to help.
Look into free entertainment in your area. Libraries, parks, and community attractions often have free events or majorly discounted events for families if you just know how to find the information.
I plan on being a sahm after the boys arrive (tomorrow!!). DH and I have been planning this for awhile, so we have been banking my entire salary for a little over a year and I still have 16 weeks of paid maternity leave as well. I know we're going to have to make sacrifices and change our lifestyles, but it feels good to know that we have a decent emergency fund should we need it.
Also, I used to teach, so I might look into tutoring in the evenings a few times a week after the boys are a little older.
I went part time after my maternity leave with the twins. I'm in sales- and either way (full time or part time) my base salary was going to go towards daycare costs --- the only income for me would be bonus and my benefits... so we figured i might as well get more time with the kids and be part time (since an opportunity opened up for me to go PT right before i went on leave - i was VERY fortunate b/c it's hard to come by).
money is TIGHT now- but we're making it (so far, lol). I LOVE being part time- it's the best of both worlds to me- I keep my career and have time with the boys... and they get time with other people- which I like them to have- so they aren't totally mama's boys.
Yes, I'm a SAHM now. I was a teacher but didn't go back this school year (mailny b/c I was living abroad until late summer anyway). So, I've been scaling back spending-wise since then and we're budgeting as best we can now. I am 3 classes shy of finishing up another degree--hopefully this summer (DH's work has a daycare; I plan to put the girls in their 2 evenings/wk). After that, TBD if I'll go back to teach for next school year.