DH and I did it but it was DH who left his job. When we decided to have Baby #3 we decided that he would stay home full time because daycare, being away from the kids, the juggle when one (or all of them) was sick, the 9-11 hour workdays for an unappreciative employer, etc. were taking a serious toll on all of us. We paid off the small balance on our credit card, tried to fortify our savings as much as possible and DH came home for good 4 weeks before DD#3 was born in 2001. It wasn't as tough as I thought it would be and it gives me incredible peace of mind to know that our DDs are with him as opposed to being in daycare. He is the one to drop them off and pick them up from school, take them to dr. appointments, dentist, etc. Money is a little tight sometimes but it's so worth it to us to do things this way. Fortunately, we already had a house before our DDs were born so we didn't have to worry about saving up for a downpayment, but we do have a pretty substantial mortgage ($1437) compared to our income (just over $40,000). He considered trying to get some part-time work but our youngest DD will start half-day Kindergarten next year so we're probably going to wait until that's over and she's in school for a full-day. It can be done, but it takes a determined commitment from both parents. Good luck to your friend!
