Question of the Day: Which household chores require the most time in a given week?

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Feb 09, 2020
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Question of the Day, Budgeting

Answer (courtesy of Financial Times):

Questions:

  • As families have gotten busier and busier, companies have cropped up to help them save time for these chores. Can you name a few for each category (e.g. Uber Eats or Door Dash delivers food from restaurants to save time in meal prep.)? 
  • Which, if any of these categories, do you think that you/your family would consider using? Why? 
  • These new companies have also created lots of "gig economy" jobs? Which of these jobs might you consider working in to earn some extra money? 
  • Would you/have you ever spent money on services that save you time? Do you think this answer might change as you get older? Explain.

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Be sure to check out the new documentary, The Most Important Class You Never Had, which demonstrates the power of financial education as told through the eyes of 8 teachers in high school classrooms across the country.  

About the Author

Tim Ranzetta

Tim's saving habits started at seven when a neighbor with a broken hip gave him a dog walking job. Her recovery, which took almost a year, resulted in Tim getting to know the bank tellers quite well (and accumulating a savings account balance of over $300!). His recent entrepreneurial adventures have included driving a shredding truck, analyzing executive compensation packages for Fortune 500 companies and helping families make better college financing decisions. After volunteering in 2010 to create and teach a personal finance program at Eastside College Prep in East Palo Alto, Tim saw firsthand the impact of an engaging and activity-based curriculum, which inspired him to start a new non-profit, Next Gen Personal Finance.