The Salary For The Stay-At-Home Parent

On May 3 MSNBC ran a story called “Stay-at-home mom’s work worth $138,095.”

If the typical stay-at-home mother in the United States were paid for her work as a housekeeper, cook and psychologist among other roles, she would earn $138,095 a year, according to research released Wednesday.

Clark Allison of Allison Consulting and The California Estate & Business Law Blog follows-up wisely with:

FOR HUSBANDS OF STAY AT HOME MOMS: If you have balked at buying life insurance for your wife because you are the bread winner. Think again. If something happened to your wife, do you have the resources to replace her skill set?

I’ve said it before and I’ll say it again: Get life insurance! We don’t sell life insurance so we have no vested interest other than wanting to you to PROTECT YOUR FAMILY.

And I couldn’t agree more. You don’t really appreciate the true value of something until its gone and with life insurance as inexpensive as it is right now it just makes sense. Thanks Clark.

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