The value of a mum in cash terms is £?

WE'RE VERY HAPPY TO HAVE A VISIT FROM BECKY FROM BABYBUDGETING.CO.UK WHO IS OUR GUEST BLOGGER TODAY.

HERE'S WHAT BECKY HAS TO SAY:

Hi I'm Becky and I blog over at Baby Budgeting (www.babybudgeting.co.uk) a 

website for families trying to be savvy with their finances. I am also the 

author of How to afford timeoff with your baby (Vermilion 09)I am a  stay at 

home mum and freelance writer and I do everything around the home. I should 

be a rich womn apparently!

Legal & General have just released some research which finds that the unpaid 

work a Mum does around the home would cost £30,032 to replace (and the 

equivalent for a Dad would cost £21,306).

Here are some more nuggets ( to be used when you need them!) from the 

“Value of a Mum” survey :

-       Despite many Mums working they still spend an extra nine hours a 

week with the children compared to Dads.

-       Mums are still feeling that the burden of looking after the home 

falls to them, with 45% wishing that their partners would do more to help 

with housework and childcare.

-       Even those mums who have part-time jobs don’t hugely reduce the 

amount of time dedicated to parenting – the value of part-time worker mums 

is £28,664 compared to the value of those who don’t work, £31,523

-       The day to day costs of looking after children have gone up 8.3% 

over the last two years, rising from £132 a week to £143 and a massive 31% 

since 1999 when the figure was £109.

Mums do really important unpaid work around the home and they are 

increasingly combining this with a full or part-time job, which means that 

their families are getting pretty good value for their efforts!

The research highlights just how easy it is to underestimate the value of 

the unpaid work parents do and the importance of planning for a future where 

one parent may be unable to work due to illness or bereavement.  It shows 

that 42% of mums and dads feel people should have financial protection in 

place in case anything were to happen to them, but in reality only a quarter 

(24%) of them actually do.

So where’s my 30k then?


Has anyone seen it...?



THANKS BECKY.
DON'T FORGET TO POP OVER TO HER SITE FOR LOTS OF FAMILY FINANCE TIPS