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Home Economics No. 12: A Software Engineer and Stay-at-Home Dad Raising 3 Kids on $205k in the Bay Area

They spend summers abroad because it’s cheaper than summer camp for 3 kids

Home Economics No. 12: A Software Engineer and Stay-at-Home Dad Raising 3 Kids on $205k in the Bay Area
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Hello! Welcome to the monthly paid edition of Home Economics! Thank you SO much for being a paid subscriber! It really means a lot to me! Your support has allowed me to start investing more into the business, including hiring a new social media editor, who starts on Monday. Woo-hoo!

Also, a big happy birthday to my mother-in-law, Deb! 

And now onto this weekend’s Home Economics! It’s another good one! Enjoy!

Age: 48
Location: Bay Area, California
Relationship status: Partnered 
Age of partner: 45

About me: I’m a software engineer who lives in Northern California with my husband and three kids. My husband is a stay-at-home dad, and he handles most of the household management, like shopping and school runs, as well as managing our two rental properties. In 2023, we started renting out our house during the summer and spending months living abroad. We realized it was cheaper than sending three kids to summer camp, and I could spend the daytime with the kids while working at night (California hours).

All expenses are monthly unless otherwise noted.

Income:

  1. Your job title/salary: Software engineer, $205,000
  2. Partner’s job title/salary: Stay-at-home dad, who also manages our rental properties, which make about $18,000 annually
  3. Your monthly take-home pay (paycheck amount after taxes and other deductions): $10,000
  4. Partner’s monthly take-home pay (paycheck amount after taxes and other deductions): N/A
  5. Additional monthly income: $1,500 (profit we earn from the rental properties after we pay the mortgages)
  6. Total monthly income: $11,500

Account Balances:

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