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The Wife's Importance

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Bob Greene (in the Detroit Free Press) cited a study by attorney Michael Minton on the monetary value of a wife's services in the home. First he listed the various functions she performs: chauffeur, gardener, family counselor, maintenance worker, cleaning woman, housekeeper, cook, errand runner, bookkeeper/budget manager, interior decorator, caterer, dietitian, secretary, public relations person, hostess.

Using this impressive list of household duties, Minton figured the dollar value of a housewife's work in today's (1981) labor market. He came up with the amount of $785.07 a week. That's $40,823.64 a year!