Valuing what you do

While Laurence and I both do paid work, there’s no question mark attached to the fact that he is the main earner and I am the primary caregiver. It’s a set up we discussed and chose together when Talitha was a baby and, for the most part, it works well for us. If one of us is at times disgruntled with our earning mismatch, it’s always me. I’ve come to realise that that’s partly because I don’t always value what I do.

I found it amusing, then, to take SunLife’s ‘Mum Salary’ quiz. Apparently my mum salary works out to £75,545! It calculates your salary based on average salaries from occupations that mothers’ jobs are most like.

It’s meant to be a lighthearted bit of fun. After all, many of the jobs they mention are probably taken on by fathers in many households, especially where mothers also work outside the home. However, it drives home the serious point that mothers should consider life insurance too. We may not bring home a paycheck but our work does determine the family’s finances.

I was surprised three years ago when we were buying a house when our financial advisor recommended that I purchase life insurance. Earning only a small fraction of what Laurence does, I felt that, financially at least, he’d be fine should the worst happen but of course I do make a contribution even if I don’t get paid for it. From that perspective, it’s interesting to see what this quiz throws up.

Of course, there are bigger questions to ask around why we value work based on payment and, beyond that, why we reduce people to figures. Those are questions for another day. In the meantime, have look at the quiz and see what you think.

Brought to you by SunLife


4 Comments

  1. July 6, 2016 / 3:54 pm

    It’s interesting isn’t it? I know what you mean about the whole question though of feeling the need to quantify things. We could charge friends for counselling hours, or charges partners for taxi services – that’s not life though is it!

  2. July 6, 2016 / 3:59 pm

    That’s really interesting. For years G was the main breadwinner and I was the caregiver… we’ve a more equal balance now, and often I earn more. But we’re both vital to the family – really need to sort out life insurance

  3. July 6, 2016 / 9:14 pm

    This is good advice; I have insurance for everything else in life, so why not my actual life? I’m going to look into it.

  4. July 18, 2016 / 7:15 pm

    I keep talking about buying life insurance, love that you’d be on £75k for your job as a mum! too right ey? x

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