ecoming a mother “was a joy,” said Anna Wilde Matthews in The Wall Street Journal, but paying for the delivery? Not so much. Health insurance covered most of the above-average $17,300 hospital bill, but I was still stuck paying $2,100. Who knew babies had their own deductibles? Many hospitals will estimate your out-of-pocket costs beforehand, but you have to ask.
The costs don’t end at the hospital, said Kristen Gerencher in MarketWatch. Breast-feeding is an “inexpensive and healthful way” to nourish your child, but if you work, “pumping breast milk on the job” can be inconvenient. And some women fear looking less productive. Still, the big health and financial benefits might make it worth the hassle.
The salary for all the “Mom jobs” mothers do at home, said Janet Bodnar in Kiplinger’s, would be $122,732 for stay-at-homers and $76,184 for working moms, and that doesn’t include the CFO role most moms play. This Mother’s Day, Mom, give some TLC to your own finances: Put your retirement savings before your kids’ college funds, and set aside a little “treat yourself” fund, too. You earned it.
THE WEEK'S AUDIOPHILE PODCASTS: LISTEN SMARTER
- He said he was leaving. She ignored him.
- How my boyfriend and I learned to live on one income
- 31 TV shows to watch in 2014
- Why the poor's investment of choice is so alarming
- Why China's Communist Party is headed for collapse
- Obama's next steps on immigration
- Affirmative action is doomed. Here's what progressives should do about it.
- What would a U.S.-Russia war look like?
- How to make perfect fried rice in 6 easy steps
- Why Texas Republicans may want to cool the anti-Obama land-grab talk
Subscribe to the Week