Tuesday, February 5, 2013

Opportunity Costs of a SAHM

I've been feeling kinda moody lately.  Not sure how I should start describing but here goes...

You see, when I first became a SAHM I thought I could live a simple and contented life in the sense no designer bags for sure, limited traveling and basically no luxurious items / lifestyle.  Having said that I still thank my lucky stars that I can spend all the time in the world with my son while others have no choice but to contribute to the household income.

After coming to 2 years of being a SAHM and when the $$$ in the bank account is close to nothing and suddenly you have credit card debts AGAIN reality hits and it hit hard.  Don't get me wrong, I do get paid but obviously it won't be as much as when I was working.  I've been spending more than what I earned for the past 2 years and recently because I've spent nearly every single penny that I saved during my working days and realising that I can only spend X amount of money per month and suddenly I had to hold back on my spending it's pretty depressing I must admit.  It's not like I am a shopaholic but I do enjoy finest things in life and I also want the same for my son.  

When times like this I will think maybe I should return to work and just close my eyes and send my son to a daycare.  Well, as you can tell if I could just close my eyes and do it I won't be in such sulky mood.  Arrghh! I guess there really isn't such thing as best of both worlds whereby you get to spend time with you child and earn more $$.  The problem is I do enjoy being a SAHM the only thing I do not enjoy is the financial restriction.

In conclusion, the opportunity cost of a SAHM is money.  Well, to me anyway!