The Salary a Stay at Home Mom Should Be Paid
While working in an office environment definitely has many difficult moments, the two jobs really aren't comparable. It's hard for a stay at home mom or a stay at home dad to convey the type of work they had to do during the day. The difference is mostly physical. There aren't many parts of being a stay at home mom that don't include physical activity.
I've done a breakdown of all the different tasks that the average stay at home mom does during the day and put a price tag on them. Therefore, for any stay home mom who is curious to know what you're salary would be if you actually got paid, well here it is!
Housekeeper - Works to ensure, the house is kept in an orderly fashion, the laundry has been cleaned and folded, the furniture has been polished, windows cleaned, carpets vacuumed, floors swept, and toilets scrubbed. This position earns an average of $22,000.00 a year.
Head Chef - Responsible for all happenings in the kitchen, creates menus, cooks all meals, and prepares the food that is sent out into the dining room. The average head chef earns approximately $85,000.00 a year.
Day Care Teacher- Leads all daytime activities, monitors behavior, creates structured and educational programs as well as ensures the child's safety. A position of this kind earns around $28,000.00 a year.
Taxi Driver - Provides car transportation services to children. This job on average earns about $32,000.00 a year.
Personal Assistant - Provides administrative functions such as scheduling appointments, maintaining the household calendar, handles a wide variety of clerical functions, runs errands and prepares correspondence. This particular position earns around $50,000.00 a year.
Clearly with these jobs being done all in one day, a stay at home mom should really be called superwoman. All of these functions add up to a combined salary of $217,000. So, the next time you question what kind of work a stay at home mom does, just remember that if they were to get paid a yearly salary, they'd be making quite a pretty penny!
Published by Shari Ryan of One27 Studios
I am the Co-Founder of One27 Studios. One27 Studios offers web solutions for business' and personal use of all types. With my freelance writing, my major interests are in current events, finance, arts,... View profile
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2 Comments
Post a CommentWHO'S FAULT WAS THE BANKING CRISIS AND THE HOUSING BUBBLE BURST?
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1) Banking Crisis & Glass Steagle - The smoking gun.
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After the 1929 Stock Market Crash, in the midst of a nationwide commercial bank failure and the Great Depression, in 1933 two Congressmen put their names on what's known today as the Glass-Steagall Act. The act separated investment and commercial banking activities. At the time, "improper banking activity", or what was considered overzealous commercial bank involvement in stock market investments, was viewed as the main culprit of the financial crash. According to that reasoning, commercial banks took on too much risk with depositors' money.
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Under this act, only 10% of a commercial banks' total income could come from securities. By creating such a barrier, the GSA was aiming to prevent the banking systems use of deposits in the case of a failed underwriting job.
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In November of 1999 Congress repealed the GSA by establishing the Gramm-Leach-Bliley Act, that then President Bill Clinton signed. The act eliminated the GSA restrictions against affiliations between commercial and investment banks. In addition it allowed banking institutions to provide a broader range of services, including underwriting and other dealing activities.
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In the 8 years that ensued banks became massively overleveraged and the financial sector nearly collapsed in late 2008. To correct the error of a former Democrat President, Obama and his administration must re-implement the barrier that was so dangerously done away with in 1999. (It is not in the Dodd Frank Reform Bill)
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2) Mortgage Crisis History
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The American Dream of home ownership ran into the well intentioned but misguided fanaticism of socialist support t through governmental policies which twisted the dream to intend to provide it for all at unsustainable low cost. This was done despite the fact that not everyone is responsible enough to own and maintain a home. The banking system, as a long germ gatekeeper of home ownership, figured that out long ago. Not satisfied with the workings of the free market Congress created entities such as Fannie Mae &Freddie Mac to increase the percent of home ownership and even some States followed suit with smaller entities of a similar purpose.
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After 5 decades these socialist economic policies distorted the housing market in this country and brought about a collapse. This well meaning effort to aid anyone who wanted to buy a home ended up in an actual 100% loan approval policy that spelled our doom by artificially pumped money into the housing market for decades.
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Note that Congress privatized the program in 69 and encouraged the free market to support this two headed beast, along with State privatized entities of a similar purpose. Through privatization of Fannie & Freddie, Carters Community Reinvestment Act and Clinton’s repeal of Glass Steagall in 1999, they entangled the private market (AIG, Merryl Lynch, Banks etc.) in the mess as well. In the end, those who were encouraged to aid and abet that program are now suffering the consequences of the housing bust.
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Socialism is the root of all evil in the current mortgage / credit crisis. We need to hold accountable those who sold the socialist economic policies responsible and vote them out of office. There is no free lunch and shame on any of us who knowingly voted for the fools who promised things that were too good to be true.
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3) Go to youtube and look up the 2004 Fannie Mae hearings. See who was trying to prevent catastrophe and who was shooting for bonuses, 100% loan approvals, and claiming that Fannie / Freddie were solvent.
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UNLESS YOU UNDERSTAND WHAT (& WHO) CAUSED SOMETHING, YOU CAN’T FIX IT.
Great article! I was a stay at home mom for many years (my kids are grown now). It wasn't an easy job, but I wouldn't have traded it for the world.