I have been working since I was 15.
I understood the value of a dollar and I liked what it bought me.
So I worked, went to college, got a degree, worked some more, obtained a license (to practice Architecture) and the work ethic I had learned and practiced for so many years had brought me to a place where I was in a successful career that I loved with so many options in front of me.
Then these happened:
And sent my career focused mind into a tailspin.
After my son was born in 2003 I had no choice but to continue to work full-time. There was just no room in the budget to take a 50% cut in our income. So I continued to work, and while my mother-in-law experienced many new “firsts” before I did as my son’s caregiver, I became more and more determined that maybe a career was no longer an important part of my immediate future.
In a few short years I began to resent my career. I began to see it as something keeping me from being the mother I wanted to be. It no longer mattered what my job was providing for him, when I was not even responsible for providing for his most basic needs on a daily basis.
By the end of 2007 we had set things in motion to prepare for me to stop working after the birth of our daughter. It wasn’t easy but we did it, we went from a two-income family down to a single income. I went from a career woman to a stay-at-home mom.
But what now?
No longer was there a 401k or retirement plan that received yearly contributions from my employer. No longer did we have any savings to speak of. We were in our mid 30’s living by the seat of our pants.
Yet we were happy.
Though not stupid.
We realized that since we no longer had the means to put money aside for our future, we needed to protect each other and our kids in case something happened to either one of us. It’s rather morbid in some ways to think and talk about it, but I’d rather be a little bit morbid now in order to ensure my kids are protected later.
So we sat down, put a value on the loss of our lives, and bought a life insurance policy for each of us.
As these continue to get older:
(Still my babies!)
Now we have the piece of mind that should something happen to one or both of us, no one will have to worry about how they will afford to take care of them.
And while I no longer follow my chosen career path, I do contribute to the household income by working from home. I have established a whole new career that puts me at the reigns and allows me to be here for my kids without losing the determined, driven and creative woman I was.
I never imagined I was cut out to be a stay-at-home mom, and certainly never considered I would leave a career that I spent so many years pursuing. But life has ways of shifting gears and focus without our permission. It’s for those times that I want to make sure that I have done everything in my power to protect them. I hold their hand crossing the street. I teach them about stranger danger. I send them out into the world armed with life lessons.
That’s the hard part.
Buying life insurance is easy, and the peace of mind it gives me that I’ve made the right choice for my family is priceless.