What’s a mom worth?
According to one new report, $138,095 a year.
That’s the figure in a report by Salary.com, which calculates the wages that would have been paid a stay-at-home mom in 2007 if she were compensated for all the elements of her “job.” That total is up 3% from 2006’s salary of $134,121.
Moms who have jobs outside the house would earn another $85,939 for their mothering work, beyond what they bring home in existing salary.
However, with benefits lost in pension, retirement, expendable income, and other benefits such as healthcare and life insurance… yeah, it can be a little daunting to be a stay-at-home mother.
Most people insist that the American lifestyle will only support a two-income household but I definitely don’t agree. With all the money people waste on things they don’t actually need it’s no wonder people think that they should have more money. But more money means more spending.
There are some pluses and minuses to having a second income, what’s yours?
