Reply to Is marriage the *only* way to wealth?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Obviously it's not the only way to wealth, but people striving to achieve wealth typically have a "trailing spouse" who takes care of groceries, cooking, cleaning, repairs, appointments, gifts, vacation planning, etc. Even if it's outsourced, the trailing spouse is managing it. That's incredibly helpful in letting the other spouse focus on work.
In theory you could hire someone to do all this, but in practice people don't - especially if they are striving but not yet actually wealthy.[/quote]

+1000

Spouse has been a CEO for 18 years.  At all 3 companies and out of 35+ "execs", only 3 of the women had kids (the others were DINKS and planned to stay that way) and of the 3 with kids, 2 of them had SAHDs until the kids were in school and even then, the SAHD is the primary go to for "kid is sick, doctors appt, PT conferences".  And of all the Male execs, only 1 had a spouse who worked---the rest stayed home with the kids or worked very PT (and as expected those working PT had to manage Childcare issues/sick kids/etc for their PT work, spouse did not do that).

Sure you can outsource things, but yes, the fact is for most who rise to Exec level/highest levels at work, they do so most often without having the stressors of being responsible for any issues outside of work (unless it's seriously major issue). [b] Much easier to excel at work if you don't have to ever leave at 5:30pm to pickup kids before daycare closes.  Never have to worry about "I cannot travel to that meeting next week, as my spouse is traveling and it's my week to be on kid duty", etc.  All the little things that make it easier to advance at work.  [/b]

[/quote]

None of this is relevant for your DH and most senior execs.  I have a friend who is a BigLaw partner as well as a husband who runs a family business.

They have a live-in nanny and live-in housekeeper.  Neither ever has to worry about picking up the kids at 5:30pm or finding coverage for a business trip (or finding coverage if they want to shoot off to Paris for a long weekend which they do from time-to-time).

She is just the type of person that would go nuts if she didn't have the stimulation of work[/quote]

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