Question of the Day: Which household chores require the most time in a given week?
Answer (courtesy of Financial Times):
- 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.
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'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.
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