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Top 5 Jobs Stay-at-Home Moms Do Every Day
If you've been toying with the idea of quitting your job to become a stay-at-home mom, one of your primary concerns is undoubtedly your family's finances. But you would then have to pay someone else to do the many jobs you do as a stay-at-home mom every day.
There are many pros and cons of being a stay-at-home mom but the thought of living off of one income can be scary enough to keep you from packing up the stuff on your desk and heading home. If you're wondering if you can afford to... be a stay-at-home mom or you're already a stay-at-home mom considering going back to the workforce, you may find being a SAHM is more economical than bringing in an additional paycheck. It's not easy with the many hats you wear and the many jobs you perform but it may be do-able.
Sometimes staying home with the kids isn't an option. It's the smartest financial choice parents can make just to stop handing hard-earned cash over to others.
Take a look at the top five jobs stay-at-home moms do every day and what you would pay someone else to do them for you:
Continue to 2 of 6 below.
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Child Care Worker
Stay-at-home moms take care of their kids full-time. If your children are under the age of 5, you would have to put them in day care so you can work. If they're school age, you have to find after school care if you work until 5 p.m.
In Alabama, annual full-time child care for an infant will cost an average of $5,547, according to a study from the Institute for Women's Policy Research. Women in D.C. can expect to pay an average of $22,000 for full-time child care.
Day care costs vary... greatly by state. But the Washington Post reports that "annual payments in several states are higher than college tuition rates, eating up to a third of a working mother's income."
A 2014 Bureau of Labor Statistics survey found the annual median salary of child care workers was $20,270. About 30% of child care workers are part-time. When was the last time you got to clock out as a stay-at-home?Continue to 3 of 6 below.
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As you're cleaning up the cereal spilled in between your couch cushions, one of your kids is emptying the bag of baby wipes while another is smearing diaper rash cream all over the floor. You have endless chores around your home and sometimes you feel like the house maid instead of a valuable member of the family.
The time you spend cleaning your house could cost you big money if you were to pay someone else to do it, though.Salary.com reports the annual median salary for a housekeeper is... $24,014. HomeAdvisor says you can expect to pay $50 to $70 for an individual to clean your house for two hours or $80 to $150 for a professional cleaning service to clean your house for two hours.Continue to 4 of 6 below.
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You cook breakfast. You get lunches together for your spouse, your school kids, your children who stay home and, sometimes, you get to eat lunch too. Then you get to cook dinner for everyone too.
Who would feed your family if you didn't? You could hire a personal chef for roughly $20 an hour, PayScale states. Or, as Indeed reports, to employ a full-time personal chef, you would pay that person an average salary of $64,000 per year. Keep that in mind when the kids leave the house and... you're thinking about pursuing a job to earn extra income.Continue to 5 of 6 below.
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Some stay-at-home moms do the work of a teacher by homeschooling their kids. Other moms do the work of a tutor by not only helping their kids with homework but helping them overcome specific educational hurdles they encounter along the way.
If you homeschool and wouldn't send your kids to public school, you're saving money on tuition. Private School Review found the average private school tuition for an elementary student is 7,379 per year and the private high school average is $13,334... per year.
The National Center for Education Statistics lists annual teacher salaries from 1969 up to 2013. The state with the lowest teacher salary listed for the 2012-2013 school year is South Dakota at $39,580 a year. The state with the highest teacher salary for the same school year is New York at $75,279.
And for moms who tutor their children at home, you could pay a high school student between $10 and $15 per hour or up to $75 for a certified teacher to do the same work, according to Care.com's tutoring guide.Continue to 6 of 6 below.
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You shuttle your kids everywhere -- to school, to ballet practice, to soccer games, to the doctor and then back home. You're the mom taxi and sometimes you spend more time in your family car than you do at home.
Business Insider reports that moms spend about 9 hours a week being their children's personal chauffeur. According to the same story, you would have to pay someone roughly $6,481 a year to provide that same service for your family. A US News article states a taxi driver or... chauffeur in Bridgeport, Connecticut, made about $34,630 annually in 2012. Most drivers earn a median of $10.98 per hour doing what you do for free.