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The Money with Katie Show cover image

How Kids Impact Financial Independence

The Money with Katie Show

NOTE

Calculating the Value of Outsourcing Household Chores

Your personal hourly rate is half of your annual income with the last three zeros removed. It's important to consider if it's worth your time and mental health to handle tasks yourself or if it's more financially beneficial to hire someone. Burning out from doing everything on your own is not sustainable and will have a higher cost than paying for help. Opening up time allows you to focus on what matters most to you.

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