Mom’s Annual Worth Rises Above $65,000
This year's figure also marks a 3.7 percent increase over her 2014 value of
"Earnings for many of the tasks mothers are associated with, such as event planning and decorating the home, continue to grow and elevate Mom's overall value," said
Insure.com also asked 1,000 men and women what amount of money a mother should receive if she were paid for her work around the house. The majority, 57 percent, said she should make more than
Here is the precise breakdown on how much respondents said mothers should get paid annually:
- Nothing: 2 percent
- Up to
$10 ,000: 4 percent -
$10,001 -$25 ,000: 12 percent -
$25,001 -$50 ,000: 25 percent -
$50,001 -$75 ,000: 24 percent -
$75,001 -$100 ,000: 17 percent -
$100,001 -$200 ,000: 7 percent - Over
$200 ,000: 9 percent
Depending how overworked a mother feels, she may find a valuation of around
If there is not an adequate life insurance policy in place, the family could be financially devastated if Mom is no longer around and others must be brought in to take over her household tasks.
"The
For more details, please see the
Methodology
"Mom's value" is based on occupational wages from the
For the data on what people think mothers should earn if they had a salary, Insure.com commissioned a survey of 1,000 married men and woman age 25 or older. The survey was fielded in
About Insure.com
Insure.com provides a comprehensive array of information on auto insurance, home insurance, health insurance, and life insurance. The site offers an extensive library of originally authored insurance articles and decision-making tools that are not available from any other single source, including its extensive car insurance discounts tool. Insure.com is owned and operated by
Twitter: @InsureCom
CONTACT:Penny Gusner (805) 492-2589 pgusner (at) insure(dot)com
Source:
Copyright: | 2015 GlobeNewswire, Inc. |
Source: | GlobeNewswire |
Wordcount: | 622 |
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