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Monthly Income
Added: 1012 days ago.
Added by: femi
Section: General.
Status: This question is Closed. (Questions will be closed after 10 days.)


Money and finances are touchy subjects, but, as you may or may not know, I am considering being a SAHM. If you`re a SAHM and your family lives comfortably, do you mind sharing how much your monthly income is after taxes are taken out (take-home pay)? Thanks!

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phoenixsmommy - 1011 days ago Rating: 0 (0 votes) i'm a single mom and live pretty comfortably for the area i live in. i make 43,000 a year after taxes and without bonuses. i also sell on ebay for extra cash. my car is paid for, i currently live with my parents (not my ideal living situation.. but I am saving a lot of money so i can buy my own house) i don't have a credit card but i may have to look into one now that i have a son and i am his sole provider. i was also going back to school for my masters and that has been put on hold for now.

Talitha - 1011 days ago Rating: 0 (0 votes) I am a SAHM my dh brings home 50 thous. a year our cost are 3 thous. a month for a family of 6 my oldest works I bake cakes from home for extra money and clean houses while my son goes to mothers day out. My dh auctions on the weeks ends and races we do really good and live very comfortable. Our house isn't very big only 1300sqft but the boys share a rooms and I think we will close in the garage when the baby comes in Dec. Our cars are paid for also and we have no debt.

femi - 1011 days ago This has been great! Thanks for sharing your scenarios. I guess I should have asked more about disposable income as opposed to monthly income. I have created a budget, for the 20th time, that says our disposable income could be about $400 every month if we stick to the budget and if I take your advice about living basically, frugally, etc. Again, many, many thanks!

brendalee - 1012 days ago Rating: 0 (0 votes) Im a SAHM...I forgot what it is, normally we dont make *that much*..but we get money for housing and groceries and our healthcare is paid for (hubby is military) but just regular base pay after taxes it;s like...a grand I think I've heard my husband say? Maybe a little less? Which is fine...because our base pay we use for whatever we want, usually gas..going out to eat..tattoos (we are both addicted lol)

mariettap - 1012 days ago Rating: 0 (0 votes) It depends on the cost of living in your region, and also what choices you make for your commute, your type of housing, how you furnish your home, what purchasing decisions you make for your clothing, gifts, etc, and whether you are working through personal debt or not. There are just so many variables, that a monthly income is, IMO, not relevant without considering the whole picture.

allison:chickenmouse - 1012 days ago Rating: 0 (0 votes) We make about $2000 a month, but its hard. I can't work, so we have some family help, my mom lives with us.

jaydsmom - 1012 days ago Rating: 0 (0 votes) I am a SAHM right now, and we take home $7065/month. When I worked I cleared $1800 every two weeks, so although clearing 7K a month is a lot, we had $3600/month more when I was working. That said, we live very comfortably. We have absolutely NO credit card debt. Our grand am is paid off. Our new escape is 1/2 way there. We have a huge boat that we have down to only owing 18K on. Other than our mortgage, that is our only debt. The important thing is to not use credit cards for purchases that you can't pay in full every month. With our escape and boat we got financing at only 2.9%. If you can't get good interest rates, and you have to finance, then it is not worth buying! We still talk about any purchases over $100 together (other than groceries). If you are going to stay at home, make sure your debt is under control and then it will be easy for you.

munchkinsmommie - 1012 days ago Rating: 0 (0 votes) Our monthly income is around 2200-3000 depending on how much overtime my DH can get. He takes any overtime that is offered. Again, like has been said it depends on your situation. It was easier than I thought for me to stay home. The savings in traveling to and from work, buying work clothes, etc, We have a budget and stick to it. It hard I would love to eat out more, buy more clothes, etc but I missed some things with my first working and now I get to be home with the new baby and help out at my son's school means more. It is hard with today's economy. We are pay check to pay check but I do not know any different we were still pay check to pay check when I was working. Also that is how I grew up.

last.one.for.me - 1012 days ago Rating: 0 (0 votes) I'm a SAHM and we live ona VERY strict budget... we've even gone so far as buying 'set meals' weekly so we buy ONLY food we need as opposed to over-indulging and buying things that will stay in the cupboards or buying the brand name food stuffs.. We, neither of us, regularly buy clothes, only the necessities. We COMFORTABLY cover all of our bills and repayment plans/debts, pay our rent, food/house shopping, run our car, pay for baby necessities and anything our older soon needs, such as clothes and school lunch monies etc.. We have about £150 disposable income per month for treats and luxuries - I guess thats around $220 maybe? We scour around for free and cheap things to do locally etc and we spend that disposable income wisely. It's worth it.. we have enough to pay for necessities and a little bit spare for fun.. We couldn't be happier and we dont have bundles of cash or a large house - though it'd be nice of course.. But everyone lives within or just beyond their means.. You can make it work somehow if you have the discipline to stick to a budget - I was shocking for 'treating' myself to expensive bags/shoes/outfits/haircuts/clothes.. all changed when we knew baby was on the wqay - somethings are just more important! I'll go back to work when our 5 week old starts full time education - then we can start being less strict with our finances :]

preggyvegan17 - 1012 days ago Rating: 0 (0 votes) I'm a SAHM and DH and I decided from the beginning that we'd rather have less "stuff" but more "family love". We live paycheque to paycheque, but we manage, and our family bond is amazing. Even if I was working, it's like everyone else said, 1/2 the money would go to daycare and work clothes etc. We don't have lots of money for big outings or fancy clothes, but we have time to spend at parks and libraries and just messing around. I'm extra lucky because DH is on parental leave until October. We took a small paycut, but it's worth it for the family time ;-)

mylittleman - 1012 days ago Rating: 0 (0 votes) I think RobinG put it well. I mean the amt. YOU may need varies greatly from the amt. someone else needs. I work 32 hrs. a week and my husband is a SAHD while he is working towards getting his PHD. It scares me sometimes to think too much about it but I bring home around $2400 a MONTH and that's it! I think it's because of how frugal we are that we are able to continue doing this. We bought a foreclosed condo and totally remodeled it and our mortgage is still super low, we each have a car but neither of them is super fancy nor were they brand new. We have cell phones but just the basic plan!! No I-phones here as much as I'd love one! We have the basic plan internet, no cable, etc. I shop 2nd stores pretty much exclusively and we buy off brand food. We are still able to go out to eat a couple times a month, buy little extra things for ourselves and put a couple hundred into savings each month. Again, no clue how when I look at my little paycheck every two weeks but it's working and we are very happy! Plus we have #2 due in a few weeks!! sorry for rambling, I just am all about saving money wherever I can!! Just make sure you know your debts vs. income, work out a budget, and even cut a few things if needed so you can be a SAHM. I can't WAIT till hubby starts working so I can be home w/ the kids!

Khloes Mommy - 1012 days ago Rating: 0 (0 votes) Well I am not a SAHM & my husband works but because I make decent money even though my husband does not right now I have been able to go back only part time so that my dd is always with me, my husband, my mom, or my sister. She is not in daycare and I figure the other half of my check I would be getting working full time is what I would be paying in daycare anyway...My husband was actually going to be a SAHD and I was going to work full time but he could not handle being at home all the time and not interacting with other adults. I think it really depends on situation as to whether or not you will be able to be comfortable financially or not.

happyforest - 1012 days ago Rating: 0 (0 votes) well i am a SAHM bc me and my bf were college students when i got preg. i am taking a break from school bc he was born in nov, but i am going back this fall. he is still in school AND works at least 30 hrs a week delivering pizza. we live in an apartment and dont have a lot of extra money. we get formula from WIC and he makes $200 a week on his check and then at least $100 a night in tips. so thats around $500-$600 a week. me staying home and raising my son myself is more important to us than me working and having more money but having to put him in daycare.

RobinG - 1012 days ago Rating: 0 (0 votes) So I guess to answer we make about 75000 a year and because our debts outweigh our income we are far from comfortable sadly whereas that is more then enough for some to be "comfortable" ~

RobinG - 1012 days ago Rating: 0 (0 votes) I live pay check to pay check. I am home but bring in income doing childcare and my illustration work. My sister and BIL make very good money, live in a house worth about 700-800,000. (make maybe 220000 combined) And they arent comfrtable at all, she HAS to work and so does he. What I've learned from them and myself is it doesnt matter how much you make that detemines how comfortable you are it is what you feel you need to have in your life that are not neccessities and your debts that determine if you can be a SAHM mom or not and still be comfortable. My sis cant because of the things they "want" and the bills, the home they choose to have etc etc. If you want to be a SAHM you need to look at your budget, determine what you need for things you need AND want and see if you can afford it that way. Even if you make 100000 a year it doesnt always mean you can afford to stay home to be comfortable. So knowing the income of others will sadly not help at all in your determination of be what is "comfort" to be able to be home. I know some who are comfortable and make only 50,000 total and some who make 200000 and are not. I know a close friend who lives comfortably, she is a SAHM and has good credit a small savings account and a small simple house and hubby only makes about 60000 a year. To some that would never allow for comfrtable living if hey need more in their life as far as "needs" and "wants". Hope that helps :)

secondandexcited - 1012 days ago Rating: 0 (0 votes) I'd say around $6000 to $7000 a month?? I dunno, I just know that we make about $80,000 a year.....

a-mum2b - 1012 days ago Rating: 0 (0 votes) 2,500 every 2 weeks