Posh Mom: Know Your Worth

BY ROBIN MEYERS

Posh Mom-Know Your Worth

Have you ever considered how much you should be paid for the things you do everyday?

AS A LIFE STRATEGIST, I OFTEN SPEAK WITH WOMEN ABOUT THEIR WORTH. IN BUSINESS, VERY OFTEN WOMEN DON’T ALWAYS ASK FOR WHAT THEY DESERVE. FOR EXAMPLE, AS AN ENTREPRENEUR MYSELF, I NATURALLY FELT THE PRESSURE TO DISCOUNT MY WORK FOR FAMILY AND FRIENDS. IT TOOK A WHILE TO ASSERT MYSELF THAT THIS WAS MY BUSINESS, AND IN ORDER FOR MY BUSINESS TO SUCCEED, I HAD TO MAKE A PROFIT. IN OUR PERSONAL LIVES, WOMEN REALLY DON’T THINK ABOUT THE VALUE OF THEIR TIME AND HOW THAT EQUATES TO THE ACTIVITIES THEY DO FOR THEIR FAMILY ON A DAILY BASIS.

When my children were younger, I was able to stay-at-home with them. I went through this period of my life doubting not only my self-worth, but not contributing financially to our family. Of course, there is always the conflict of the “working” mom versus the “stay-at-home” mom. However, if women were paid for all the tasks we did every day for our families, can you imagine what our salaries would be like? Imagine if you work outside the home as well. You would be independently wealthy. Let’s break this down.

As the image above shows, mothers are multitasking queens. On a daily basis we are the chefs, chauffeurs, tutors, dog walkers, babysitters, secretaries, triage doctors, athletic coaches, interior decorators, social events coordinators and therapist/life coaches. Amazingly enough, women do all these jobs on a daily basis within 24 hours. Let’s begin with a personal chef. On average a personal chef makes a median salary of $41,500 and up to $74,170 per year. Hourly, that breaks down to an average of $17-$20/hr. Considering, that as a mother, you are probably making three meals, preparing the meal for an hour, and then cleaning up the kitchen for an hour, that conservatively totals six hours per day, times seven days per week. The total equals forty-two hours per week. If you are calculating an average hourly rate of $18/hr then you have earned $756/week, $3,024/ month and $36,288/year just as a part-time personal chef.

Something that we certainly don’t get paid for, but wish we would, are the chauffeur services that we provide to our family. On a daily basis, between school, jobs, sports, lessons and other activities, we probably spend easily 5 hours in the car. The average cost to hire a chauffeur with an SUV is $79/hr. Multiply that by 5 hours/day, you would be paid $395 per day, which translates into $1,975 for five days per week. This would net you an additional $7,900 per month, which translates to an additional $94,800 for the year.

Another role mothers often take on is that of a tutor. This may not occur on a daily basis, but when there is a test and your child needs help, who do they turn to? I remember helping with several projects, at times, as well…helping to finish printing a paper because it was bedtime. Anyway, tutors can make between $50-$75 per hour. Not a bad rate for some extra cash! What about the new family dog everyone wanted? You heard, “Please Mommy! I’ll help take care of him.” That was great, but now who feeds and walks that dog? There’s a company called Wags, which is like Uber for dog walking. Basically, you can “pick up” a dog-walking job and get paid an average of $18 per hour. If you wear your special “Wags” t-shirt you can earn an extra dollar and receive a tip as well. You catch my drift now, right? How about the baby sitter in you? The teenager across the street charges you approximately $10 per hour. Again, do you all see how this is adding up?

I can go on and on breaking down what we do on a daily basis with what we could equate it to monetarily. Easily, every mother would earn a yearly salary way over $100K. Just think about that in your pocket. So, my point is this…yes, as mothers, we are drastically underpaid, but we didn’t take the role/job of motherhood for the salary. In fact, we have accepted that role with pure enjoyment. Just remember that when your husband questions money; just tell him how much you are saving him for not having to hire all of these other people to run the household.

ROBYN MEYERS is a certified Life Strategist and founder of Navigate & Empower. She offers specific programs tailored for women, young and old, focusing on: transitions, reinventions, resiliency and coping skills.