Irish Wedding News
14/03/2013
The figures, released in Legal & General Retail Protection's 2013 'Value of a Parent' report, found a mother's value was more than £7,000 more than the husband.
The report surveyed parents with at least one child aged 18 or under living with them, as well as new and expectant mums, and looked at the monetary value that can be attributed to parents' domestic chores including cleaning, cooking and household shopping.
However, the value of a dad's contribution around the home is still significant, as it climbed 13% from the figure recorded in 2011.
Over a year, it would cost £31,500 to replace a mum's contribution to domestic chores, compared to £24,000 for a father.
The survey also discovered that the average cost of raising a child to the age of 18 is now £154,400. This is an increase of 15% from 2011. The average day-to-day cost of raising a child is £8,580 per year.
Bonnie Burns, Product Director for Legal & General's Retail protection business, said: "We all know what a herculean job most parents are doing bringing up their children. Our report highlights exactly how important that role is and the value all these odd jobs bring to a smooth running home."
UK mums were also found to spend 71 hours a week ensuring the smooth running of the home, while dads spend 53.5 hours on household chores.
(JP)
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Mum's 'Would Make £31k' On Household Chores
A new report has revealed mums would make more money than dads if they were to be paid for household chores.The figures, released in Legal & General Retail Protection's 2013 'Value of a Parent' report, found a mother's value was more than £7,000 more than the husband.
The report surveyed parents with at least one child aged 18 or under living with them, as well as new and expectant mums, and looked at the monetary value that can be attributed to parents' domestic chores including cleaning, cooking and household shopping.
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However, the value of a dad's contribution around the home is still significant, as it climbed 13% from the figure recorded in 2011.
Over a year, it would cost £31,500 to replace a mum's contribution to domestic chores, compared to £24,000 for a father.
The survey also discovered that the average cost of raising a child to the age of 18 is now £154,400. This is an increase of 15% from 2011. The average day-to-day cost of raising a child is £8,580 per year.
Bonnie Burns, Product Director for Legal & General's Retail protection business, said: "We all know what a herculean job most parents are doing bringing up their children. Our report highlights exactly how important that role is and the value all these odd jobs bring to a smooth running home."
UK mums were also found to spend 71 hours a week ensuring the smooth running of the home, while dads spend 53.5 hours on household chores.
(JP)
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