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Today.com via investopedia has quantified the value of stay at home moms at $30,000 per year

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Godhumor Donating Member (1000+ posts) Send PM | Profile | Ignore Fri May-06-11 11:06 AM
Original message
Today.com via investopedia has quantified the value of stay at home moms at $30,000 per year
Yes, a stay-at-home mom is equivalent to a $30,000 a year job, even though she is paid "in snuggles" (From the article...seriously).

Replacement value calculations, and I admit to having to do a fair amount of them for my own career, sometimes really fall short in matters of intrinsic worth, in my opinion.

Article at
http://today.msnbc.msn.com/id/42906705
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Robb Donating Member (1000+ posts) Send PM | Profile | Ignore Fri May-06-11 11:09 AM
Response to Original message
1. The math there begins, eh, poorly.
For example, if you can find child care for an infant for $7/hour, I'd be amazed. There may be some geographic variances, but $7/hour care for someone who needs their diapers changed seems unlikely about anywhere.

Interesting read, though, thanks for it.
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Godhumor Donating Member (1000+ posts) Send PM | Profile | Ignore Fri May-06-11 11:12 AM
Response to Reply #1
2. Day care costs are why many of my friends have one partner stay home
Edited on Fri May-06-11 11:12 AM by Godhumor
Until kids hit school age, so I completely agree with you that the math is starting with some flawed assumptions.
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ChairmanAgnostic Donating Member (1000+ posts) Send PM | Profile | Ignore Fri May-06-11 11:14 AM
Response to Original message
3. with or without the sex?
that has to have some value.
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niyad Donating Member (1000+ posts) Send PM | Profile | Ignore Fri May-06-11 11:15 AM
Response to Original message
4. really??? seriously??? I remember more than two decades ago reading that the replacement cost of a
Edited on Fri May-06-11 11:16 AM by niyad
stay-at-home mother was somewhere in the neighborhood of 100k, when you factored in ALL the duties and chores.

"PAID IN SNUGGLES"???? this, in what purports to be a serious article? yeah, I would like to see that translate into being able to go the supermarket.
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InkAddict Donating Member (1000+ posts) Send PM | Profile | Ignore Fri May-06-11 11:17 AM
Response to Original message
5. And though she never put in those 40 quarters of "earned"
income, me own mum claims her $200 month SS entitlement because...HER daddy and/or mummy did? :sarcasm:
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madrchsod Donating Member (1000+ posts) Send PM | Profile | Ignore Fri May-06-11 11:27 AM
Response to Original message
6. ya right...it`s a lot more than that
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