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Description

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”

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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!