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