My wife and I found ourselves in this situation, and it there are slot of side benefits.

- We don't spend our weekends shopping.

- my wife can volunteer at my sons school and church, which opens up more social opportunities and keeps us tight with school.

- We spend less in clothes, groceries and eating out. The value of this is much greater than anticipated.

Overall, life is better. We're not driving new cars anymore. Other than that, the sacrifice is minimal. Her skill set is such that she can basically become employed again at any time.