We make do and live frugally. We live within our means. It can be done. Having said that I live rurally where rent and mortgage are significantly cheaper...
I would think though that the PPL would somewhat pay for itself bc a) you pay tax on the payments b) more women are likely to stay working bc the payments are more than the BB.
That's why we will need to consider other ways to fund our retirement. Besides, if we have another gfc, we can't really on super alone, either.
Dh works away, I work 4 days full days a week with 1 child in school currently. The second is in daycare the 4 days a week and the 5th day is our day together which I love. I don't find it hard to juggle, you just have to find that routine. Nor do I have family anywhere near close by to call on. I just manage.
My day goes a bit like this;
5am- get out of bed (ds2 is an early riser but ds2 may sleep in til 5.30)
I have a shower and get ready
5.40 - Breakfast for all including feeding the 3 furry family members
6.00 - Kids dressed, teeth and hair brushed, pack ds1's lunch in his bag
6.15 - watch a bit of tv, quick tidy up of dishes etc from the morning.
6.50 - Out of the door
7.00 - drop ds1 to wait for the bus to school
7.10 - drop ds2 off at daycare and spend time reading etc with him
7.30 - I am at work and ready to start
I work through lunch. Finish at 3-3.30 depending on if I have had a break through the day.
DS1 finishes at 2.20pm and goes home with a friend 2 days a week and has after school care 2 days a week. If he had to come back to work with me for an hour he would be able to and has done.
I pick ds up by 3.30 and ds2 up by 4pm. I have time to zip to the shops if need be. I also have a few hours of daylight left to enjoy time with the kids before dinner at 6pm, bath,and bed by 7pm for ds2 and 7.30pm for ds1. I make ds's lunch and pack their bags when they are in bed and have clothes ready for all of us for the next day. Usually on Sunday morning I cook bulk meals and freeze for occassions during the week so I don't have to cook every night. The weeks dh is home it's that little bit easier as he is very productive and hands on.
I also struggle when people suggest daycare fees are expensive, I don't think they are, not when a majority would be eligible for the ccb and the ccr and those not eligible for the ccb such as myself still get the ccr which is quite a cut leaving the oop manageable. Last year my oop for 2 in daycare was $330 per week which we didn't see as expensive. This year I have 1 less in daycare but school fees, excursions etc instead.
Just because your circumstances are different doesnt mean the cost of daycare for some isnt expensive. Working for $270 a week once daycare has been paid for isnt very much.
I just wanted to say.
I have had most if not all by now my super eaten up by fees.
I get no holidays or sick pay yet work 7 days a week.
I'm judged for "not working"
I go without, I don't get a break, rarely get a holiday, I have made more sacrificing in my 3 years of parenting then I had previously my whole life.
Am I doing this for me? No, I'm doing it because I don't want to pay for someone else to raise my child. I want to be there for her when she takes her first steps, says her first words, writes her name for the first time, learns the abc. I will be a teacher, caterer, cleaner, maid, and whatever other title my family needs me to be.
I want to be able to drive my kids to school and pick them up, bring them home, make then a snack and help them with their homework.
I don't get paid much at all, I do it because I feel it's the right choice for our family.
I go without a career and the money and super that's comes with it. Do I do it for myself? No, I do it for my daughter.
I don't like that I am looked down upon because I get a bit of FTB! I worked bloody hard for that money. I worked for years before DD, DH still works 40+ hours a week.
I am still helping the economy by staying at home and raising my children. I am still an important piece in our society and economy. I don't think it's fair I should receive nothing for my "choice" to become a parent. I am extremely grateful for what I get but to have people assume I am a leech on the system is completely untrue.
I have a lot of respect for working parents who make other sacrifices by working, yet in the government and some people's eyes they are more important?
Yes being a parent was my choice but I am doing it for the greater good and I don't think it's fair I am punished for it. When the kids go back to school I am hoping I will find a job that can accommodate the kids school hours but I still want to be involved in the kids school by volunteering.
I honestly hope DHs income increases enough for me to be as involved in the school as I'd like and just be able to do a bit of work here and there for some "pocket money and a bit of independence"
I have so much more I want to say not his matter but my brain won't let me articulate it right now. What I have above isn't even exactly what I wanted to say lol.
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Kimberleygal your posts strikes me as you coming from a very privilidged position. $330 per week is a heck of a lot of money for a lot of families, and I think you're incredibly lucky to work the hours you do and have the support network you have.
position for their childrens benefit. That's how it is for dh and I anyway. We haven't always earned good money and we have had our times at doing it tough financially. While I don't have to work, I want to, love my job and I like contributing financially for our family. Dh and I know our children will struggle buying a house etc by the time they grow up and want to make it easier for them financially. We certainly don't go on expensive holidays or dine out though. We also live remote where the cost of living is much higher, just an example is that rent is between $850 and $1,900 per week. Thankfully we don't have that to worry about but had we not bought all those years ago we would have. But just an example as to why families may need 2 incomes.
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