Wow! the frugal forum hasnt seen this type of fun in a while!!
I am a sahmom and I am also frugal. I was frugal before a parent so I spend a great deal of time in this forum. Geez, it seems like yesterday when we first put up this forum after our tribe got soo huge! Then I remember the sahm forum went up too.
I knew after I read the first and then second post, this thread was doomed. I would like to stick to frugal lessons here not debate just like the rest of the forums here, no one wins!
Yes, my frugal lifestyle (by choice, for the environment, simple living, etc) has made it easier for us to have me home. But mainly, our saving that we started at a young age has allowed us to have 150K already for our retirement. We were lucky we knew to start this but even luckier because we both had our educations paid for before we were married at age 25 as well as smaller cars that were paid off within months.
Now, a lot of couples starting out have 2 student loans, cars to pay for (even small ones) credit card debt, and larger rents or mortgages than we had 10 plus years ago. And their salaries are not much more than we made back then.
For us, the sacrifice would be not here to be with my two girls full time.
As far as medical- DH's company (he is a partner) pays for our benefits which would be 2K monthly otherwise. When our dd2 was born 16 weeks early, the nicu bill alone was 300K. Nevermind the emergency c section, Drs etc and after care. All paid for by my medical benefits. If we had to pay that, God only knows what we would do.
We live in a neighborhood that houses the best public school in the town. The homes surronding us are 500K- 1.4M. But there is some normal housing which would run about 350-400K. We live here because we bought the house on the block that needed to be renovated which we did. To live in our neighborhood you need to have higher income earners or both people working. IMHO and IME, its worth it for what this neighborhood gives back to us. ITs close to town, everyone is down to earth, and the village manager, county tax accessor, and Chief of Police all live on my block. As well as some news reporters for the local news station. Its safe, clean, and the snow is cleared real fast in winter.
For us, this house costs $300 more a month than what our old house did. We have also put 50K in work to it so far. We DIY so its not bad and we are both very handy. Because of this and I cook scratch, am creative with getting things done, as well as bartering etc- we have been able to make it like we have. We both can fix anything, make use of what we have and still live well.
Not everyone can do what we have done and really not everyone should. House remodeling is for couples who both are 150% on board with what goes into it. Some people are better working to pay for it IMHO! Somedays, I think- I wish I was one of those people LOL! Just as those on the other side think the same.
OK done babbling for now.