Reply to Fair division of household responsibilities vs. income

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I think what the 'dh earns $3m' pp is not saying is that income is not salary. Virtually no one has a $3m salary. It's either that the dh is some kind of equity partner or is in tech where RSAs are in play or it's bonused or he has his own biz. All of which are not static and can easily fluctuate (no way has pp's dh made that income for more than 2-3y running) so the reality is that they aren't just saving bc they have 'ambitious retirement goals', they are saving and pp is still working bc the dh's income is not carved in stone. Our HHI is $750-$1m depending on year and we also do all our own chores for this reason. Once you are at high earning threshhold, until your net worth is at x and is x% liquid, you have to keep being frugal. [/quote]

If those high levels of income are uncertain year to year then it is even more insane for you to be doing menial household work instead of outsourcing whatever you can.   Time is money.  Assuming your combined work week is 100 hrs or 5000/yr your hourly time is worth $150-200 just in direct income. That's what you are paying to scrub toilets and sweep floors when you or your spouse do it yourself.  It's astounding that such highly laid professionals don't get such a simple concept.    [/quote]

That’s… not how it works.  [/quote]

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