What is a homemaker worth? Surprising, and Sad to know the economic value... :(

India
June 19, 2010 9:36pm CST
I have tried to do a little search on the value of a spouse. I intended to start a topic, on asking .. how long can you manage without your spouse/partner... .. and, stumbled upon this link: http://moneycentral.msn.com/content/collegeandfamily/p46800.asp it talks about the surprisingly sad ECONOMIC value of a home-maker. .. THIS is not my assesment. Don't just click the ' - ' for the contents. Quoting the author of the article: "How I wish this werent true. If it were up to me, the job of stay-at-home parent would come with many benefits, and, an award ceremony each spring to rival the Oscars." ... but, alas.. the formula suggests: Child-care worker, $8.91 an hour Maid, $8.02 an hour Food preparation supervisor, $11.70 an hour Bookkeeper, $11.94 an hour Chauffeur, $8.67 an hour. don't click the link, if you are not happy with the value... i wish to GIVE my WIFE, who is my home-maker...more than the economics. I would give her love and all importance. i am not an insurance company to talk about the cash-value.
8 responses
@Jotomy (6322)
• India
21 Jun 10
Hi consultrainer, love can't be valued.
1 person likes this
• India
21 Jun 10
oh. you gave me another point to BLAST the insurance companies. Do you know that you cannot be a proposer to another person's LIFE, unless you are related by blood or marriage? .. see how crooked and narrow these insurers and economists are? ...
@Jotomy (6322)
• India
21 Jun 10
yeah
• Malaysia
20 Jun 10
i don't have a wife, but i do have some lady friends who are stay at home mums and good homemakers.. when seeing what they do and talking about their daily activities, its so hard to put a price tag to it. what they do is really quite priceless in a sense, and to have the energy & stamina to do it every single day..
1 person likes this
• India
20 Jun 10
wonderful mario.. why don't you start an insurance company or a economist group.. who do the valuation? .. just asking..... thanks for being soft .. and, the understanding. Your would-be life-partner shall be LUCKY to have you as a spouse.
@mentalward (14690)
• United States
20 Jun 10
That's not bad money at all if you add them all up! A housewife/homemaker does all of these things all the time, every day. Think about it, if you add up what each of these "jobs" pays, she's earning $49.24 an hour! Even at half that amount, she's making some very good money! It's just a shame that we are not paid, monetarily, anyway. Of course, we get "paid" by just knowing that we've done a good job, we've done all that needed to be done each day. It makes me feel good when I've prepared a nice meal and everyone liked it, then have everything cleaned up afterward. I take pride in everything I do, even if it's emptying the garbage can. So, in that respect, I am getting paid. The husband who goes to work every day should at least acknowledge what his wife does and appreciate it. My father used to tell my mother how much he enjoyed the dinners she made. He did this every day. It made my mother feel important, like what she did was worth something. My husband isn't much for complimenting me for what I do but I'm used to that. I know that more wives would be much happier if their husbands took the tiny amount of time it takes to say "thank you" or "that was great".
• India
20 Jun 10
;o ... if you were the employer, will you pay for all the jobs? .. An intelligent employer sorts out the jobs.. and pays accordingly. The article tells of the economic value to be 30,000 dollars per year. ONLY. and that is what caused the pain. now, ... the last paragraph OF YOUR RESPONSE tells the story. one should feel proud to have the home-maker, taking care of all and sundry. .. and, properly reward. NOT through economic value, but, with a sincerely felt thankyou, and heartful respect. thanks for responding.
• United States
20 Jun 10
One thing that I find very interesting about the article is that on the list of duties that a stay-at-home parent does on a daily basis that they have put a price tag on they have left out three very important ones: teacher, doctor, and counselor. Not to mention the fact that with the exception of teacher, these professions have more monetary value than all the others combined. Also, they said that most stay-at-home parents do not have the experience and expertise of a CPA or other kinds of professional and therefore implies that they do not deserve as much compensation as a professional in a particular field would receive. However, what if they do have the experience and expertise? Are they then worth more if they have the experience and background but choose to stay at home rather than working outside the home?
• India
20 Jun 10
thanks for an exhaustive review of the article. I think, they have not included the teacher, doctor, counselor.. because, they thought, it requires some legality to be called so. lols. .. if only NOAH of the ARK fame, had to do that in this time of the world.. he would be arrested and prosecuted, for trespassing and, for doing a job without valid license.
• United States
20 Jun 10
Well, then I guess that I should have my teaching degree and doctor's degree, because I do both quite well. The counselor part I think that I do pretty well, also, but I might not qualify for a degree in that department. Seriously, when my oldest daughter went to school, she thought that a teacher just went over what Mommy already taught her, and she did not see the point in school. When my children are sick, I generally know what to do to take care of them, and when I have to go to the doctor, she already knows what I have tried and will talk with me about what we should do next. That doesn't mean that I know everything, but she knows that I do know quite a bit about doctoring my children, and she respects my knowledge and opinion.
@saphrina (31551)
• South Africa
20 Jun 10
For the life of me i cannot understand what they want to value a homemaker for, my sweet. I mean really, what is it, A MACHINE?? Glad you are different. TATA.
• India
20 Jun 10
thanks .. but, dear sweetie pie, .. in this world where mere PRINTED PAPER is valued more than all the lifes are worth.. it is natural for the economists to consider everything in currency values. and, the actual story started with INSURANCE COMPANIES.. i presume. glad that we are all different. cheers.
@saphrina (31551)
• South Africa
20 Jun 10
Don't but, me. Insurance are the worst of all, you know.
• India
20 Jun 10
tell me the truth.. have you paid your premium for your life insurance and motor insurance. if you ask me.. I will proudly say.. except when the government forces me to pay certain THIRD PARTY insurances, for the motor car and bike, and for the house,... I NEVER pay any insurance on my life, or my families. now, tell me.
@sallyj (1225)
• United States
20 Jun 10
Thank you. You find her worth more than money could buy. Love has so much value, but dollars can not describe. I like this.
1 person likes this
• India
20 Jun 10
thnks friend. but, due to my silly mistake of a duplication .. browser did the trick -- sorry! your comment is lost. but, I sent an urgent appeal to MYLOT ADMIN.. hope it gets back soon!
@bird123 (10658)
• United States
20 Jun 10
I think you are not including everything. My homemaker cuddles with me. Now I know that can carry a wide variety of prices, however let's think high class. A great high class homemaker is indeed PRICELESS!! That's the real answer. I'm sticking to it!!!
• India
21 Jun 10
oh my God! .. some of the parts of the article have been edited. you know... lols.
@tomitomi (5429)
• Singapore
20 Jun 10
She is the other half that would make your life complete. She is not measured in dollars and cents as that is what you see too. As you are to her, she is just priceless!
• India
20 Jun 10
thanks for sharing the feelings. hope the insurers and all the economists also share our view point.