Friday, March 9, 2012

How Much is a Homemaker Worth?

The life of a homemaker is one that includes an endless amount of demands and to-dos. Depending on the size of the home and family, the position of homemaker can go well beyond the usual nine to five. In an article by Investopedia, they only took into consideration tasks which have monetary values and used the lowest value for each calculation.

Meal preparation is one of the major tasks of most homemakers. Grocery shopping is another chore that needs to be factored in. A homemaker must drive to the supermarket, purchase the food and deliver it to the home. Total cost for services: $52,260 per year.

A clean and tidy home is the foundation of an efficient household. Typical cleaning duties include vacuuming, dusting, sweeping, scrubbing sinks as well as loading the dishwasher and making beds. Additional tasks such as oven or refrigerator cleaning and dusting mini blinds can run extra. Total cost for services: $6,136 per year.

Homemakers provide full-time, live-in child care. This type of service from a professional provider would usually come with a host of perks including health insurance, paid vacation and sick days, federal holidays off, dental and vision coverage, and bonuses. Total cost for services: $31,200 per year.

A private car service might seem like a high-end luxury to most, but the beneficiaries of a homemaker get this service on a daily basis. otal cost for services: $4,168 total per year.

Clean clothes come at a cost when you have to pay for the service that most homemakers do for free. Professional laundry services charge by the pound. Total cost for services: $936 total per year.

Total for a year of all services is: $52,260 + $6,137 + $31,200 + $4,168 + $936 + $1,560 = $96,261 per year.

The daily work of a homemaker can sometimes be taken for granted by his or her family members. However, these services could earn a homemaker a considerable wage if he or she took those skills to the marketplace. Homemakers in general contribute a lot more to the home in addition to these tasks, and no amount of money can fill those needs. Investopedia