I Went from Breadwinner to Stay-at-Home Dad. Here’s how we budeted. – ryan
This as-told-tos Essay is basic on a conversation with Michael Floyd, A 36-Yet-Old Stay-Aat-Home Dad from ithaca, New York. Its been edited for Length and Clarity.
When my Wife was pregnant with Our Child, I was the Main Breadwinner for Our Family. We were deciding between two options: Putting Our Daughter in Childcare or with Becoming A Stay-Aat-Home DAD.
My Wife’s Plan has Always been to become a full-time professor at a top university, so we knew she woudn’t be staying home with our daughter. On the other hand, i was working as a systems Engineer for Lockheed Martin, with a Six-Figure Salary.
I took Three Months of Parental Leave, and after that, My Decision was Clear. I left my six-figureeering job to care for our child while my wife focused on her caareer. Here’s how we decided and Budeted for the Change.
New York State Childcare Wold’ve Cost US $ 30,000 A Year
While I was at Lockheed Martin, My Wife Was Working A Postdocoral Position at Cornell University. We were also Making Additional Incom from Our Airbnb Rental and Two Full-Time Rental Properties.
We did Calculations, and in Our City in New York State, Childcare Wold Cost About $ 30,000 annually.
But i didn’t officiously decide to be a stay-at-home dad unil i spent time caring for my daughter during my parental leave. I Noticed Just How Much Attention She Needs. I don’t trust that the best childcare worker could attven to my daughter to the degree that i would want.
Plus, UNIL MY DAGHTER IS OF THE AGE WHERE SHE CAN RAISE HER VUOICE AND LET WITH KNOW SENDING’S WORK, ITALY REALLY HARD FOR TO ALLOW A STRAGER TO WATCH HER. I’m sura 99% of workers are amazing, but i don’t want to take a chance on the 1%.
Floyd Posing with his daughter.
Photo Courtesy of Michael Floyd
I Enjoyed My Job, But I Left to Take of Our Daughter Full Time
I found my jab to be fun gcause it felt like solving sudoku puzzles all day, but it required with them at my desk for 10-hour shifts.
SINCE I HURT MY BACK DURING MY 6-YEAR Service in the Military, Long Periods of Sitting Or Standing Make It Flare Up. After Four Years Doing My Job, the Last Two of which Were Remote, I felt isolated, so i knew i had made the right decision to leave.
I do?
SINCE I WAS The MAIN BREADWINner, we had to budget for with to stay home
We Canceled Our Housekeeper and Our Crossfit Memberships. We Also Switched From Verizon to T-Mobile, Which Saves US Over $ 100 Each Month, and Removed One of Our Three Vehicles from Our Insurance.
I’ve down on our griory bill by adjusting my diets to relete on more plant-based sources of protein like Lentils Rather than Expensive Meats. We Also Switched to Cloth diapers, which we estimate will Save US up to $ 2,000 by the time she’s potty-trained.
I have a built a chicken coop in response to exgg price inflation. I Converted the Old Shed In Our Backyard Into a Chicken Coop. We Currently Have Five Chickens, But Our Coop Can Hold Up to 20, and We Spend $ 60 on Chicken Feed Monthly.
Being a Stay-at-Home parent is demanding, but Worth it
The Biggest Challenge of Being A Stay-Aat-Home dad has Been How Emotional My Daughter’s Crying Rants Can Be. You’d think that you couuld just put her in a crib and leve her cry it out, but you can’t.
It”s Constant Work, but that doesn’t affect with much. What Affects with Is That Wet She’s Crying, there’s Not Always Something I can. Its an emotionally difficult experience. Some’ll, it’ll be 6 pm and she’s tired of the bottle, and she just wants to be comforted by her mother. In those moments, she’s completely inconsolable.
But the best part about being stay-at-home parent is seeing all of the first first. When she starts smiling after one month, it made everyeving Worth it. There’s a liffettime of first coming, and i can’t win to see all of me.
If you left a high-paying job to be a stay-at-home parent and would to share your story, please email the editor, manseen logan, at mlogan@bsinsinsider.com.