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My January SAHM value calculation

January 31st, 2009 at 07:42 pm

I've tracked all my monetary contributions for the month and here' what I came up with:

$1730!

I figured $100/wk for daycare that I would pay if I were working. An additional $20/wk for takeout meal. Then I added in all my coupon/rebate/sales savings that I scour the ads for in order to keep our grocery bill reasonable. Lastly, and a big contributor for this month, I "paid" $25/hour for my painting skills as I began painting the interior of our new-to-us home.

So, if I had been working we would have paid someone to paint the house. We would've done takeout more and I wouldn't be monitoring the grocery store sales. And, the kids would need after school care.

Posted in Finance, Frugal | 4 Comments »

4 Responses to “My January SAHM value calculation”

  1. Amber Says:
    February 1st, 2009 at 12:45 am 1233449127
    1233449127

    I think you knocking yourself short, child care can easily be close to $200 and painting hmmm the painter we (well my mom) hired charged us an arm and a leg

  2. pretty cheap jewelry Says:
    February 1st, 2009 at 03:57 am 1233460655
    1233460655

    Oooo smart, you should do this as a little consulting biz, make a 'report' for women who want to use the data for whatever purpose (or their lawyer or who knows!)

  3. Nika Says:
    February 1st, 2009 at 06:08 am 1233468486
    1233468486

    I think Minnie is very good at doing her calculation based on what she would have actually done, not on what she COULD have done... her goal seems to be to have an accurate picture, not justification of an inflated figure for use in an argument with her husband Smile

    If I use "could" vs. "would" in my expenses, I think I could write that we have saved $50,000 this month by not buying a Lexus. Because we could finance it, and there are plenty of people who make the same money as us that do, and our car is old, and my DH commutes 100 miles a day... so it is not unreasonable that we would buy one this month. So it is a justifiable claim, but not a reasonable one when it touches reality.

  4. minnie1928 Says:
    February 1st, 2009 at 06:44 pm 1233513872
    1233513872

    Child care may be more, my daughter is in half day kindergarten while my son is in 4th grade. I would need half day care + after school care, and that might be more than the $100 I figured. I'm gonna stick with the $25/hour painting rate because I'm a slow painter. I would probably pay more per hour for a pro, but they would get it done much faster.

    Thanks for all the comments! I was pretty shocked to see the number as high as it was. I wonder how February will turn out?

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