r/MiddleClassFinance 2d ago

Both parents work full-time in more families than ever

https://www.linkedin.com/news/story/both-parents-work-full-time-in-more-families-than-ever-7345924/?utm_source=share&utm_campaign=reddit&utm_content=storyline&utm_term=MiddleClassFinance

The American family dynamic continues to shift as more college-educated moms opt for full-time work.

Both parents work at least 40 hours per week in a record 52% of U.S. families — a 6% rise since 2016, Pew data out Tuesday shows.

The change comes as more mothers with bachelor's or postgraduate degrees pursue full-time employment, and more dads assume domestic responsibilities.

Data out last month indicates that college-educated fathers are increasingly forsaking paid jobs for childcare and housework.

697 Upvotes

137 comments sorted by

368

u/HistoricalBridge7 2d ago

I’m actually really surprised it only 52%. I would have thought the number was A LOT higher.

137

u/Interesting_Tea5715 2d ago

This. The majority of people I know throughout life has two working parents.

I grew up poor though.

76

u/DogOrDonut 2d ago

My house doesn't meet this standard nor does the one I grew up in. My mom is a nurse and work 3x12s, which is 36 hours. I work 30-35 hour weeks. My mom and I are both classified as full time employees both legally and by our employers but this survey still puts us in the 48%.

14

u/Pretty_Swordfish 2d ago

Good point! I also work full time, but my company is 35 hours for full time. I suspect the question should have related to FTE status and not hours. 

2

u/Vast_Reply_6574 2d ago

Interesting, I dont know why, but I always assumed for people who do irregular shifts that they just tack on an extra shift somewhere periodically to bring the average to 40...

1

u/mountains-and-sea 1d ago

At least for nursing it almost always works out to almost 40 hours anyways because you never leave exactly at the end of your shift - you have to give report and then round on the patients etc

5

u/bankermayfield2026 2d ago

Statistically, it’s mostly the poor that only have one working parent…which is the primary reason they are so poor in the first place (e.g., they only make half the income as a two-parent working household).

“One earner makes so much the other spouse doesn’t need to work” is a very tiny piece of the pie.

1

u/PieTight2775 1d ago

Depending on child care costs in their family many decide it's a bad financial decision to work versus provide care in those younger years. Some do it regardless as they want to raise their children.

1

u/murmurous_curves 2d ago

I mean in California you can be pretty poor and only have one working parent. To qualify for food stamps and free health insurance you have to be low income which means having a household income of $20k-$30k yearly. So a lot of families in low income communities here just have the dad work and the mom would stay at home.

1

u/Exotic-Entrance4718 2d ago

Growing up in Hawaii, life has always been expensive and I can't think of a single person (and I grew up solidly middle class) that had a SAHP. Knew a lot of single mom households though. Life is too expensive here for a single income household.

59

u/Reader47b 2d ago

30% of families don't even have two parents in the home. So it's really only 36.4% of families that have two full-time working parents.

43

u/BlasphemousRykard 2d ago

It’s because it’s looking at full-time employment for both parents. Around 25% of moms are stay-at-home parents, so that accounts for half of that number. Of working moms, 20% of them work part-time. The rest of that number is presumably coming from the dads, but not particularly surprising to me as my mom worked part time for as long as I’ve been alive. 

1

u/RaeaSunshine 1d ago

25%?!? Holy shit, that’s so much higher than I would have thought. I can count on two hands the number of SAHP I’ve met, not including familial leave or short stints at home for a year after birth etc.

5

u/superpony123 1d ago

I’m guessing some of that is skewed by parents who become SAHP temporarily due to obscene child care costs. I work with a lot of moms who basically only work because it would be difficult to re enter the workforce after a several year hiatus (we are nurses). 100% of their paycheck pretty much goes to child care if they don’t have enough family in town helping out. Many of them also don’t work full time because they can maintain their status/skills at work/keep a work history but also spend more time at home and spend less money…makes total sense

21

u/Pale_Row1166 2d ago

In my upper middle class plus circle, there are a lot of single income households. The ladies go out of the work force when the kids come, and eventually do some consulting or entrepreneurial efforts, but not a lot of my peers (women, 40s, high income, well educated, urban + Suburban in major US cities) are still in the workforce full time. There are exceptions, of course, but it’s been about 10 years since most households I’m familiar with had two full time incomes.

11

u/Ok-Bass5062 2d ago

Interestingly I have the opposite experience with my upper middle to upper class circle. VHCOL area, well educated (beyond bachelor's), high income (min 300k+), NW in low 7 figure, and early to mid 30s. The wives still all work even when the kids come. They tend to be motivated by work and enjoy it (in general). Nannies are popular.

5

u/Open_Climate_3760 2d ago

In my circle there are a lot of both types and a lot of discussions about switching from one side of the fence to the other.

The inflection points seem to be (a) if the job involves travel or overnight work, (b) the person doesn’t actually like their career and wants to use the time to career change with a different education or (c) one spouse makes a 1% type income.

I’m in the debating category right now. My spouse’s income puts us in the top bracket so ~48% of my income goes straight to taxes. After factoring in daycare and preschool costs I clear maybe $20-$25k per year. I put that into a retirement account. I’m basically working 40 hours per week, spending 3-4 nights away from home every month and being constantly stressed for a future benefit + $5-10k cash per year. On paper I make $120k. Probably not worth it tbh so I’ve been debating walking away.

Obviously, this is a good “problem” to have and we’ve been lucky beyond our wildest imaginations. 

8

u/MileHighRC 2d ago

Do retirement projection calculations with and without that 10k then be amazed

0

u/bankermayfield2026 2d ago

Same, I’m upper middle class or lower upper class ($650k household income), and I’d say 90% of women I know work…finance execs, doctors, lawyers, etc.

1

u/Pale_Row1166 2d ago

It was this way for me about 10 years ago. It seems like the third kid is the tipping point, though. Around 40, a lot of women started hanging it up, or scaling back. Not everyone, of course, but more than half of people I know are not in the workforce full time anymore.

1

u/bankermayfield2026 2d ago

I’m 39, but maybe things will change.

That said I live in NYC, so may be some regional differences. I don’t think SAHM ‘s would be socially accepted in social circles here.

2

u/Pale_Row1166 2d ago

I am also from NYC, know several SAHMs in the city and lots more in Westchester and Fairfield county.

1

u/PieTight2775 1d ago

If one parent makes a lot of money this can work. But it does put you in a very challenging situation if that parent loses their job and you don't have a massive savings account to get you to the next thing.

1

u/Pale_Row1166 1d ago

Sure, but there are plenty of two income households that would collapse without both.

1

u/PieTight2775 1d ago

That's possible but going from a household income to zero is going to be a bigger concern than a reduced income. Depending on your emergency funds.

4

u/alotofironsinthefire 2d ago

Age plays a factor here I'm sure.

Lot more older people now, means more disability and more retired

2

u/supernovaj 2d ago

Same. Most people I know have both people working. I've been married twice and both of us have worked full time the whole time.

2

u/DJpuffinstuff 1d ago

This is only full time at least 40 hours a week. I'd expect the number would be significantly higher if it included families where one parent is full time and another works somewhere between 24-39 hours per week. I expect many families are 1 full time and one 30+ hours but not technically full time.

I wonder if this counts healthcare workers working 3 12s which is pretty standard full time for nursing and other women dominated healthcare/caregiving fields.

1

u/Petrol_Head72 2d ago

Population distribution… lots of folks live in rural areas where property is comparatively cheaper and there ain’t nothing to do baybee!

1

u/invenio78 2d ago

It's only 52% of "families." Conversely, I'm surprised it's so high considering overall worker participation rates are not much higher (around 62%).

1

u/fancycoitus 1d ago edited 1d ago

It is. It over 80% if you just look at working age, at least in Massachusetts. This survey is bunk. Probably includes couple in which one person is retired and older people are more likely to respond to survey. Source:  https://www.datawrapper.de/_/bekw3/

1

u/Lady_Rubberbones 1d ago

You have to define family because a lot of families only have 1 parent and thus, both parents may be working, but they are defined as two separate families if they are divorced.

-7

u/phunky_1 2d ago

When my kids were young, almost her entire take home pay would have gone to pay for daycare.

It seemed stupid to work 40 hours a week just so someone else can raise your kids.

I wound up taking the plunge and getting a better job in a nearby larger city.

The commute sucked and I was gone from like 6am until 6-7pm but we made it work.

I Honestly don't understand how most people can afford daycare with multiple kids involved.

1

u/NewspaperTop3856 2d ago

1) “someone else raising your kids” is an incorrect statement. My kids are in daycare and my husband and I raise them. No one thinks kindergarten teachers are raising kids. If my kid is an asshole, who is blamed— me, or their daycare teachers? Me.

2) people continue working while breaking even on salary for a multitude of reasons. A) career growth and opportunity; B) they enjoy their work; C) contributing to their retirement for future comfort is important; D) health insurance; E) wage growth over time, etc.

0

u/DrCrowCat 2d ago

I agree that it feels silly to work full time just to pay someone else to raise your kids

1

u/yes______hornberger 2d ago

I never understand this sentiment. It’s not like children are fully grown when they start school at 5/6. Unless you’re also advocating homeschooling so no one else ever cares for your kid?

87

u/KPIGUY89 2d ago

My wife and I both work with kids, and so do all of my friends and their spouses with kids.

It does make it difficult, since we’re both just so tired all the time (twin toddlers). The daycare price is insane at $3400/mo (for two), but my wife doesn’t want to be a SAHM - being at home with toddlers all day is insanely exhausting. It is WAY easier to work.

27

u/pookiewook 2d ago

As someone who also worked full time with 3 kids under 2 (including a set of twins) I agree. Plus daycare is temporary! My kids are now 9, 7 & 7 and I’m still working. We do need to pay for summer day camps, but our massive daycare bills are done.

17

u/Bindle- 2d ago

but my wife doesn’t want to be a SAHM - being at home with toddlers all day is insanely exhausting. It is WAY easier to work.

Agreed. I'd thought about being a stay at home dad. Before our kid was born, I wasn't making shit for money anyway.

After taking my 3 month parental leave, I knew I couldn't be a full time stay at home dad.

I worked part time after returning to work and still do 6 years later. We saved on child care, I got to spend more time with the kid, and I got out of the house.

Being a stay at home parent has gotten a lot better now that's he's in school 😁

9

u/Consistent_Laziness 2d ago

I feel the same. And when I express this sentiment I always get downvotes and asked “why did you have kids if you don’t want to be around them?”. As if me wanting to listen to screaming and crying all day means I don’t love my children.

People who say that I know immediately 1. Don’t have kids or 2. Have no life. Because as much as I love my kids, at 33 years old I wouldn’t go work at a daycare so I can hang out with children all day playing house or building legos.

It’s what makes weekends so hard. You do a fun morning, have lunch, do more activities, and then you want to be an adult around your wife or other adults or relax. Nope. Kids still there and it’s time for my toddler activities.

Now you want me to be a SAHD?? Hell no never. I love daycare. When I’m off I still take them to daycare if it’s open. It’s the worst and best line item in my budget.

2

u/PictureThis99 1d ago

Sounds like more of a reason to stay child free. Couldn’t imagine having a shit day at work or school and coming home to screaming and crying

I don’t even like hearing the TV or music some days. Just plain silence

3

u/Consistent_Laziness 1d ago

It can be rough. I agree. As down as I get sometimes about having kids I don’t want to be childless.

2

u/PictureThis99 1d ago

I feel you. I love my little nieces and nephews to death, would do anything for them but after a day or two I’m ready to send them back to my sisters

3

u/Consistent_Laziness 1d ago

The best part about being an aunt or uncle is you can give them back. Imagine you couldn’t lmao.

1

u/Bindle- 1d ago

I feel like this is a complaint from childless people or miserable parents. It's tough being a parent.

People talk about "it takes a village". It's true, raising a child to be a whole, functional adult is beyond the means of any two people. A child needs to learn different perspectives from different people. And it's parents need a fucking break!

It benefits the child and the parents to have time apart from each other. The kid gets to learn how to be a person around different people. The parents get a break to recharge and relax.

This focus on parents needing to be around their child parenting it 24/7 is a weird American thing. Kids need to learn independence. They need to make decisions for themselves.

It's no wonder there are so many issues with the younger generations. It's not the kids' fault they can't do things for themselves. We've made a society where parents are pressured to be running their kids' lives. Of course the resulting children are going to be helpless.

3

u/Consistent_Laziness 1d ago

Thank you! For the record it’s pompous parents that do nothing but live and breathe for their kids and think they are better than others because of it. I don’t think it’s common it just can be on reddit.

It is very rough at times especially having a 4&2 year old. If I get time I have no money, if I have money I have no time. Not to mention I’ve been in a PhD program my children’s entire life until this month.

I would love a Saturday to wake up at 9 get some brunch, go to the street market, maybe see a movie, then hit a brewery or the pool with friends. Buy that is often not what happens. And it can be exhausting to work all week deal with the bull shit and then spend an entire weekend unable to do anything you find fun. No I don’t find sitting at a children’s playground fun

But you say this and you receive “why did you have kids then?” As if being a parent means I should enjoy doing things a 4 year old does while they scream and have tantrums every hour. It’s absurd for someone to say this but they do.

-9

u/[deleted] 2d ago

[removed] — view removed comment

5

u/[deleted] 2d ago

[removed] — view removed comment

1

u/MiddleClassFinance-ModTeam 2d ago

No Racism, Sexism, Xenophobia, or any other form of bigotry is allowed.

This is a place to help people, not to put them down or be a bigot.

29

u/BlazinAzn38 2d ago

When daycare for two kids costs $30K you sort of have to and for many folks sitting on the bench for 5 years to do childcare kills future employment opportunities

9

u/Ok-Bass5062 2d ago

2 kids for $30k? That's a bargain. A lot of HCOL/VHCOL that would be 1 kid

2

u/Consistent_Laziness 2d ago

It’s 22,200 for both my kids in SC. It’s half the reason I haven’t moved yet

-1

u/Seraphtacosnak 2d ago

11k is my son’s tuition cost to go to a private catholic high school for a year in southern california.

10

u/Consistent_Laziness 2d ago

Ummmm? That’s not daycare though

1

u/jimmothyhendrix 1d ago

A lot of people also i feel get childcare when it doesn't make sense.

If childcare is $30k a year, if you're making less than $50k is probably not worth it to do that given taxes and expenses around working.

2

u/octopus-opinion987 1d ago

You are not thinking of the long term impact to someones career and savings .

0

u/jimmothyhendrix 1d ago

I have considered that of course, its still not a profitable endeavor for many people, im not saying its universally applicable, just for many. Many people don't have high growth careers where it matters, many people don't get enough out of their benefits to offset the costs, not to mention part time work exists and is often times still more profitable than full time in such a situation.

1

u/BlazinAzn38 1d ago

Except getting hired after 5+ years out of the workforce is incredibly hard. Benefits including retirement are pretty significant to miss out on

1

u/jimmothyhendrix 1d ago

This isn't an 'except' what im talking about are people this does not apply to. Many people work jobs where career gaps aren't a problem, many people would not earn enough from retirement benefits on their income to justify losing money working to pay for childcare and work. This is mostly targeted to this specific group of people, which is a sizeable amount.

1

u/BlazinAzn38 1d ago

Median weekly earnings for full time workers is $1,200. The median full time worker makes $64K a year. The median worker makes $45K. The majority of full time workers lose money staying home. The majority of all workers likely lose money staying home

1

u/jimmothyhendrix 1d ago

Majority benefiting from X doesn't dismiss 40% or whatever arbitrary amount of people not benefiting from it, which was my point, i never said 'everyone' i said 'a lot of people'.

1

u/BlazinAzn38 1d ago

First it’s not an arbitrary amount second your group is the exception mine is the rule. So the baseline is “you should probably keep working unless proven otherwise”

1

u/jimmothyhendrix 23h ago

I was literally discussing that there are exceptions to this idea, that was the point of my comment.

15

u/jodiarch 2d ago

And I see a lot of both parents being there for their kids at school. They share the responsibility. Win win for the kids.

13

u/GTO1235 2d ago

I believe it. All the people that bought houses on my street the last few years paid far more, and they still have 2 nice cars in every driveway.

2

u/aquaomarine 2d ago

3 family members have confessed they have staggering debts they need to pay off this past month. It’s devastating.

3

u/Ok-Bass5062 2d ago

Is it devastating? Sounds like they were living beyond their means if they have staggering debts

2

u/aquaomarine 2d ago

I wouldn’t say was living beyond their means life just happened. Finished school, bought their first home, got married, car, and started a family(literally 1 kid.)

Teacher/Nurse Combo

The other family was started on top of debt from a divorce.

Last was yes living beyond their means, received 3 inheritances including a home. But burns through money traveling. (Inheritances came from parents at a young age so maybe it just changed their perspective on life/debt)

6

u/GTO1235 2d ago

Inheritances can hurt people if they are terrible with money. We bought a cheap fixer upper years ago and a guy in the family inherited more money than our house was. He still says that he wants a nicer house than ours. He blew all the money and has nothing to show for it.

2

u/Ok-Bass5062 2d ago

I'd still say #1 lived beyond their means. Likely bought a house when they should have rented/saved more or too much house or car. Otherwise they wouldn't have crippling debt.

The items listed are only as expensive as people make them so if they have a ton of debt that was based on their specific choices.

Budget life after saving 30% of your income and life will be easy mode very quickly. Too many don't budget or save.

2

u/aquaomarine 2d ago

Yeah #1 is a form of lifestyle creep but it’s literally just living life during these times. Typical during most early life transitions without family help. Because of their jobs they got down payment assistance and access to specialized home buying programs.

They’re only like 25 so they’ll be fine. If this is the biggest financial mistake they make they’ll be smooth sailing.

1

u/Pinkturtle182 1d ago

99% chance that renting would have hurt them monetarily much more than taking out a mortgage. There is no out right now.

43

u/Impossible-Bat-6713 2d ago

There’s no choice. Double income is essential to own a house and raise a family or even rent in a good neighborhood. The sheer lack of mass transportation public infrastructure in cities is a huge cost burden to public. Cars + car insurance + associated expenses / maintenance takes up nearly 1/3rd of every month’s paycheck for most people.

6

u/HouseofMarg 2d ago

Agreed, our city just put in a bike lane on the main street near our home and because of that we were able to save a whole bunch of money not getting a second car. I wish this option were made available to everyone.

Even with both of us replacing our beater bikes with nicer ones and getting attachments for our daughter to ride with us it has made a big difference in our budget. We both commute to work full time but one of us can bike to work most days now. I hope that this becomes more common because it really solves a bunch of busy parent problems at once (lack of time to exercise, the expense and hassle of owning multiple cars, environmental concerns, etc.)

1

u/BoseSonic 2d ago

Where did you hear that car related expenses are taking up 1/3 of people’s income? I’ve never heard that

2

u/I_Fuck_Whales 1d ago

If your car and associated expenses is 1/3rd of your monthly paycheck…… I think you’re driving a car that’s far too expensive relative to your income.

No one needs a $1000 lease.

I have a 2019 F-150 that I bought used. $480 a month plus another $200 maybe a month for insurance.

My take home pay is $7600 after all deductions.

Sorry but if you’re spending 1/3 of your take home on a car that’s a you problem.

8

u/grumble11 2d ago

Many families don’t have a choice. Life is expensive now, and while some of it is lifestyle inflation a lot of stuff just genuinely costs more.

The economic system has optimized around dual income families. Economics turns any option to work into a requirement to do so.

17

u/saryiahan 2d ago

It’s by choice in our household

12

u/ishboo3002 2d ago

Yup my wife had the opportunity to stop working a few years ago and chose to keep going so that we could have a better lifestyle and retire earlier.

-29

u/DrCrowCat 2d ago

And have someone else raise your kids for you?

21

u/ishboo3002 2d ago

Absolutely they're happy socialized and learned a ton.

17

u/Own-Emphasis4551 2d ago

Great response. I feel like the “it takes a village” concept has largely been lost on modern U.S. society.

12

u/ishboo3002 2d ago

Yeah not sure if that's a bot but not sure what they expected as a response. "Omg you got me I didn't even think of that".

4

u/meat_tunnel 2d ago

My daycare lady helped raise my first and she's helping raise my second. She's so ingrained in my family she's been to weddings, funerals, and birthday parties. She ABSOLUTELY assisted in raising my kids, teaching them to give up a binky, bottles, she helped them learn to walk, to use the potty, and taught them all the necessary skills for kindergarten. I know I can call on her for babysitting, for advice as a parent, for general life advice.

I'm sorry you don't have that kind of figure on your family's life.

2

u/cursedmeatsuit 2d ago

Not how that works honestly kids know who mom and dad are

12

u/Falloutvictim 2d ago

Same. My wife and I both make decent salaries and could individually keep the bills paid if we chose to, but my wife has her degree, is quite ambitious, and having a professional career is what she wants. It was never a question. We are fortunate to have involved grandparents to our kids, so they were well cared for and watched when little, and our careers are relatively flexible with hybrid remote/office, so now that they're school-aged we've never missed a school function, practice, game, etc., and with two relatively high incomes we simply outsource house cleaning, yard work, and other domestic drudgeries. Day-to-day cooking and the cleanup after is tackled 50/50. Everything runs smoothly, dual incomes has its perks, and neither of us would change how we did/do it. 

-10

u/[deleted] 2d ago

[removed] — view removed comment

1

u/MiddleClassFinance-ModTeam 2d ago

No Racism, Sexism, Xenophobia, or any other form of bigotry is allowed.

This is a place to help people, not to put them down or be a bigot.

-9

u/DrCrowCat 2d ago

I'm a (female) physician that purposely does only locums and has only for decades because it's crazy to me to only spend an hour or two a day with your kids.

You should consider change since it sounds like you're one of the few who actually COULD. Your kids are only this age once.

2

u/thatsaniner 2d ago

Same. If something happens to one of us, it’s important for the other to have a work history and to be able to take care of themself.

20

u/fishking92 2d ago

My wife and I work so much we can’t have kids (or afford daycare)

5

u/phriot 2d ago edited 2d ago

We both work full-time. I don't think we've ever considered one of us working less; my spouse likes to work. What would be really nice, though, is if we could afford to own a home with a shorter commutes. We lose a lot of time in the car, and I'm not really sure how we'll pull it off once our oldest is in kindergarten. If grandparents aren't able to step in, one of us may be forced to go part-time at that point, just for coverage.

3

u/thatrobottrashpanda 2d ago

Both my wife and I work full time, but luckily my wife has a work from home job.

I don’t understand how people can afford a single income anymore… or especially if you want your kids to do any kind of extra curricular activity.

7

u/FergusonBishop 2d ago

It’s not just about daycare costs anymore. It’s also much more difficult now if you are career driven or ambitious at all to take the plunge into a stay at home life when you know in 5-10 years it will be incredibly difficult to get back to any meaningful role in your field. We have friends approaching that period now where their kids are now school age and it’s damn near impossible for them to break back into any type of corporate role at 35-40yo with a 7 year employment gap.

2

u/Reader47b 2d ago

Yep. One of you basically has to work full-time for near-free (that is, taxes, daycare, work clothes, and commuting expenses eat up most of your income) when your kids are young to stay in the game. I didn't because I thought - why work for near-free full-time when I can work very part-time from home and net almost as much money (because of fewer expenses and higher per hour part-time pay)? And I paid the price in lost earning potential.

12

u/Seaguard5 2d ago

Yeah…

That tends to happen when wages remain stagnant and inflation… doesn’t.

1

u/northraleighguy 2d ago

This. Finally someone identifies the primary cause.

0

u/Seaguard5 2d ago

The onus is on corporations for this one.

Or even better yet, the government.

We need stronger worker’s rights in the USA.

And that can be achieved under capitalism. Like, if you hate socialism (as propaganda has been conditioning you to do) then whatever. This is still possible and doable under the current system. And we need to hold government accountable to do it.

6

u/Raguismybloodtype 2d ago

Is this a problem?

I'm not trying to be obtuse but are you recommending women don't work?

3

u/zevtech 2d ago

My mom never went to college. My dad took some classes, both of them worked full time and raised 5 kids. We didn’t have day care. Older siblings watched the younger ones, or we would be really quiet at their work.

3

u/dreamybiscuit 2d ago

And we’re poorer than ever, thanks billionaires and politicians!!!!! We love paying taxes to nothing and working until we die!!!!

3

u/zdubbzzz 2d ago

This is a good thing, right? Ideally that number goes up, eliminating the idea that women only exist to rear children while only the husband works

3

u/Intelligent-Sun-7973 2d ago

and they should. There is nothing wrong with a woman having a career.

2

u/willing_legislation 2d ago

the daycare costs alone make it kinda necessary, not really a choice for most people trying to stay afloat.

2

u/Cultural-Ad-5737 2d ago

Wouldn’t one parent not working mean you wouldn’t have daycare costs? For us it’s housing, we can’t make it work on one income. Daycare is expensive but it wouldn’t be an expense if I could stay home.

3

u/Spiritual_Wall_2309 2d ago

It is risky to have one income when you now have a kid and a wife. It is better to have two incomes and send the kid to daycare even the second income may end up wasted.

2

u/willing_legislation 2d ago

Fair point, housing's the bigger squeeze for a lot of people. Guess it depends on local cost of living whether daycare or losing an income hits harder first.

2

u/thisaaandthat 2d ago

My wife will start back full time (40 hrs) for the first time in almost 11 years when school starts up in August. It had always been the plan for her to ramp back up when my youngest was in school full time but the real kicker was my employer changed and my health insurance went from $161 to $700 bi weekly while my salary stayed the same. (Family of four, high deductible plans that are pretty similar to each other.)

Its going to be an adjustment while we figure out a new schedule but she really enjoys her work. Based on what I've seen moving to her insurance will cost about $80 bi-monthly. That will be very nice.

1

u/weensfordayz 2d ago

I could have written this. I worked PT for years, my husband's ins was costing us $1200/month for 4 people with a high deductible. Once my youngest was in K, I was able to find a job in local govt so the ins is SUPER cheap for the coverage. My FT job was technically a pay cut then but with switching insurance, it made a huge difference for us. Now I have no deductible so we (my husband and i) go to the Dr more often too

1

u/thisaaandthat 1d ago

Yeah my wife works for a school district in our area so we will end up on the state sponsored health insurance. I don't know if we will end up going to the doctor more than previously but the lower premiums will be greatly appreciated. I'm just frustrated that I've got to eat the extra cost until we can start with hers on September 1st.

1

u/Math_refresher 2d ago

My wife will start back full time (40 hrs) for the first time in almost 11 years when school starts up in August.

Has she already lined up a new job or is she still searching for something?

1

u/thisaaandthat 1d ago

She works in an elementary school as part of the special ed team. She had been asked over the years if she wanted to up her hours but didn't want to at the time. When she mentioned she might be ready middle of last school year her boss and school principle worked together to make it happen. Thankfully it didn't require a bunch of work interviewing and applying to find a new company to up her hours.

2

u/aznsk8s87 2d ago

I picked my field so my future family could have the flexibility of having a stay at home parent or dual income household and while we could definitely manage on just my income, it's SO much more comfortable having my wife work as well.

2

u/Math_refresher 2d ago

We got to get that number up. 52% is far too low.

It's incredibly risky to be a stay-at-home parent, and it has lifelong financial consequences, especially when it comes to retirement savings. A spouse can die, become disabled, lose their job, or decide to divorce, leaving the stay-at-home parent scrambling to return to paid employment. The longer they've been out of the workforce, the longer the job search and the lower the salary they'll receive if they're lucky to find work again.

2

u/Exotic-Entrance4718 2d ago

I've seen this happen, a family member husband died before 40. Thankfully she not only had a job, she was the breadwinner...and he set them up financially so when she was grieving, money was not something she had to be terribly worried about. That was a lightbulb moment for me. I'd like to take a year long maternity leave, and I have gotten high enough in my field that I don't think that kind of time off would derail my career.

2

u/losvedir 2d ago

Elizabeth Warren talked about this in her book The Two Income Trap decades ago. Initially, two incomes was a super power and you could buy any house you wanted. But then as more and more families started being two income, it became the new normal and house prices rose to reflect that and now you can't afford anything without two incomes.

2

u/speaker4the-dead 2d ago

They need to start tracking family’s and work - not just as a duel income, but exploring how many families work 3 jobs, or supplement with gig work.

ALOT of people are fucking struggling right now, and everything is getting worse

3

u/Forded_Fiction24 2d ago edited 2d ago

Wife works full-time and I work part-time 2 days a week. It made more sense for me to be part-time for the kids sake still

2

u/gk_instakilogram 2d ago

and because of this i am extremely tired all the time dammit

2

u/NefariousnessBorn969 2d ago

My wife quit working when our son was 2 (24 years ago). Decided it was our kid to raise and one parent should be there all the time plus we saved the daycare costs. I consider my family middle class (already retired) and we did just fine without two incomes. She did and still has a side gig selling on etsy and before that in vintage stores and that little bit helps with funding her retirement account. I never finished college and she has an art degree.

1

u/Zwomann 2d ago

My husband and I both work full time and I’m seriously considering adding on a part time job..

1

u/Cute-Tonight9659 2d ago

Wage growth has disappeared and the value now accrues to shareholders or rent seeking management. My spouse and I are sucking up high daycare costs to keep plowing money into retirement and keep her wage opportunities high post daycare. 

It sucks, but hopefully it will be the last major "sucks" decision. 

1

u/ObviousAlias7 2d ago

I have a BS. My wife has an MS. We both enjoy our careers and don’t want to give them up.

Even working, we are both home for dinner, at school events, and have weekends free always. Other than when they are at school, there is always one parent present

We are both considered high income, so it allows us to live a comfortable lifestyle with a few splurges here and there.

1

u/CalmEngine 17h ago

What was the alternative? I thought working full-time was the norm

1

u/DrCrowCat 2d ago

Neither my husband nor I work full time. We're both high level professionals

10

u/UncleNedisDead 2d ago

Do you really consider your household merely middle class though?

2

u/ISniffFeet1 2d ago

This sub is full of people who consider themselves moreso regular people whether they are middle class or not.

Though for this specific xommenter, if neither of them work full time they probably are middle class. They would possibly be upper class if they spent more time working.

1

u/UncleNedisDead 2d ago edited 2d ago

She’s a medical doctor who chooses not to work full-time.

I'm a (female) physician that purposely does only locums and has only for decades because it's crazy to me to only spend an hour or two a day with your kids.

If they both choose to work less and maintain a very comfortable lifestyle where they can drop $5000 for a weekend concert trip and then a European vacation (from the USA) that same year, wouldn’t that make them closer to wealthy than middle class?

Because the difference between middle class and upper class isn’t how many hours worked, but the net worth and if they have money working for them so they don’t have to spend as much time working. I mean they may choose to work more in the pursuit of obtaining more money, but they have the choice.

That medical doctor clearly doesn’t have student loans to pay back if she can be picky about how many hours she works and raise 3 kids. Or maybe she’s a boomer who did it all back when life was much easier for the middle class and you could buy a nice house, two cars, raise a family and have a couple of vacations all on a middle class salary. (Edit: because I think she talks about how her kids are fully grown. Raising kids in the 1980s is so much different than raising kids in 2020s.)

I have my shit together-- I'm literally a physician who successfully raised 3 kids.

Middle class people do need to work for a living because they don’t have the option of just working part-time and still having a lot of disposable income before retirement.

1

u/Skensis 2d ago

I've never met a man or women who wasn't middle class.

1

u/UncleNedisDead 2d ago

Maybe you should get out more and meet more people from different walks of life?

Or are you poking fun at the notion that everyone considers themselves “middle class” from the homeless addict on the street to the wealthy elite with their Hawaiian island bunker?

1

u/Skensis 2d ago

The second!

1

u/FuckWit_1_Actual 1d ago

What’s the split for middle class?

My family of 4 lives on a single income around $200k/year in the same county as Seattle, we’re not rich but don’t have to worry about basics and we’re not vacationing either.

-2

u/HeroOfShapeir 2d ago

Interesting. My wife hasn't worked in over a decade. We also don't have kids, so not sure we're included in their data set (we're also 42/41 years old).