Lizzy and Lissa break down the hidden costs – financial and otherwise – of hired help. From housekeepers to virtual assistants to TaskRabbit sidekicks, outsourcing parts of your life can be a game-changer, but or a guilt trip. We unpack when hiring help is an investment in your peace of mind, and when it starts to mess with your values, your budget, or your sense of self. Is convenience worth the cost? And who gets to decide?
Main Topics
00:00 The Trade-offs of Hiring Help
00:58 Running The Numbers Segment
01:18 Financial Realities of Domestic Workers
03:57 Personal Experiences with Hiring Help
07:45 Emotional and Ethical Considerations
15:21 Balancing Costs and Benefits
18:34 Hypothetical Millionaire Scenario
19:46 Housekeeping and Pets
22:22 Digital Hygiene and Personal Assistants
23:39 The Stigma of Hiring Help
29:05 20 Cents Segment
References for Statistics
https://www.epi.org/publication/domestic-workers-chartbook-2022/
https://www.bls.gov/oes/2023/may/oes372012.htm
Co-Hosts
Lizzy is a strategist, alternative investments expert, and a founding partner of Pursuit Funds. Follow Lizzy: Instagram | TikTok
Lissa is a personal finance expert and content creator. Follow Lissa: YouTube | Instagram |TikTok | LinkedIn
Credits
► Produced by Lizzy Marie and Lissa Lumutenga
► Artwork by Lizzy Marie
► Music by Lissa Lumutenga, Net Net Podcast “Theme Song”
Talk to us
Hit us up, let us know what you think: IS IT WORTH IT? 💸
Disclaimer
This podcast is for educational, informational, and entertainment purposes only, and should not be constituted as financial advice or any other kind of professional advice. Views and opinions are our own, and Net Net Podcast does not serve as a substitute for personalized financial guidance tailored to your specific situation.
Remember to always do YOUR own research, consult a professional as needed, and feel empowered to make your own decisions!