Mr. Mom, Version 2.0

In the early 80’s Hollywood released a film that raised eyebrows, became a piece of Americana and launched a catch-phrase which remains relevant almost three decades later – “Mr. Mom.”

For those who’ve never seen the classic comedy, it’s all about role reversal.
The film stars Michael Keaton as Jack, a father of three who gets laid off from his engineering position at the local auto factory. While Jack comes to terms with unemployment, wife Caroline, played by Teri Garr, lands a job at an ad agency, forcing Jack to become a stay-at-home dad while mom dons the work suit. Of course, hilarity ensues as he tries to adjust to the crazy world of toddler-dom and the new title of househusband.

When “Mr. Mom” was released, the subject of a dad staying at home while his wife pursued her career was taboo. It was a small, secret society where members were constantly looking for a way out while hiding in the afternoon work shadows. Today, that notion is as outdated as a mini-cassette answering machine.

Whether by their own personal choice or a shaky economy, more men are finding themselves at home taking care of the kids and adopting to a new lifestyle. In fact, this new generation of stay-at-home dads has almost doubled in a decade, according to the Census Bureau. For some, leaving their corporate jobs behind is the kick-start of turning their home business dream into reality. No doubt today’s technology makes it a whole lot easier to start a home-based business for a little (or big) residual income. Just because mom may be the key breadwinner doesn’t mean these “Mr. Moms” can’t earn extra money.

Being a self-employed, stay-at-home parent has huge benefits (set your own hours, no commute, spend quality time with your children, be your own boss, etc.). In some cases, it makes the most financial sense, as hiring a nanny or paying for daycare can take up a large amount of one’s paycheck. And, with online support for stay-at-home dads and home businesses, the opportunity to build residual income, even on a part-time basis, is a no-brainer.

One thing’s for sure. Gone are the days of hiding inside for stay-at-home pops. They’re making themselves known and giving new meaning to the phrase “Mr. Mom.” Ladies and gentlemen, welcome to the new man about the house.