This has been our situation. I finished college and have an accounting degree. I made my living as an accountant for several years. Then my wife's family business started to take off and they were raking in the dough. Now, it's a gigantic business and she's 1/4 of all that. It was a no-brainer. I stayed home. I loved every minute of it, but I have no idea what others thought. As long as I'm good with it, it should be okay. I do all the home finances, shopping and dealing with the kids, who are almost adults now.