Comments | moderately_mad: Money, money and money.

moderately_mad

Money, money and money.

May 08, 2006 11:24

While I was out prowling around on the web, I ran across this article. I found it interesting in an “if only” kinda way, but I’m really posting it for the benefit of the young cousins.
( Start on your first $1 million at age 16 )

archived articles, $, entertainments

Comments 4

memegarden May 8 2006, 17:21:38 UTC

thanks for this; I also thought that "What's a Homemaker's Work Worth" tally greatly overestimated the financial value, and "patronizing" was a well-chosen word. I've never been a homemaker myself, but I'm about to be at home with a new baby for about six months. Hmm, they don't have a standard "wet nurse" salary to add in there, these days.

moderately_mad May 9 2006, 18:01:21 UTC

Made me grin.

I wonder what a wet-nurse is worth? 'Very specialized skill after all...

PS I don't know why you are having problems with the signing in ... and, in truth, I haven't really checked into it. I'll post your issue to it's own entry to see if anyone else is having the same trouble.

plantgirl May 8 2006, 19:08:04 UTC

Skimming, here, not reading all of the above, but I would value a full-time homemaker at >$30,000. My estimate would be closer to that then to $100,000, though, and I'm probably skewing my estimates based on the high cost of living in my area.

Back when I was teaching daycare, I earned $10,600 my first year working full-time. My sister's comment? "I don't mean to be rude, but I get more than that as a bonus." We then had a long conversation about the skill set required to do my job, and what those skills would be worth in other fields. The short summary of it is that anything to do with keeping the home or raising children is grossly under-valued.

moderately_mad May 9 2006, 18:07:22 UTC

Wow. "More than that as a bonus". I know it's true but it still blows my mind. So how did the skill set valuation go? If you translated the care-taking into a more medical profession I suppose you might do okay. The teaching would translate to ... well ... teaching. Do professors make more than "regular" teachers?

Life is so skewed. I tend to think that everyone else is over paid rather than that child/home stuff is under paid. Nice sentence, that. I imagine you get my drift.