logo
Millennial Moms Are All Hiring House Managers---Should You?

Millennial Moms Are All Hiring House Managers---Should You?

Yahooa day ago

"Hearst Magazines and Yahoo may earn commission or revenue on some items through these links."
At home, chores are truly never-ending. You'll always have to do laundry, buy groceries, clean dirty surfaces, restock essentials like toilet paper, and so on. The weekly tasks can become overwhelming and exhausting, especially if you have kids or a busy professional life. Enter: house managers. They're basically like a housekeeper, nanny, assistant, and chef all in one, with a job description that can flex depending on the needs of your household. If you're at a point where you could use relief from an ever-growing to-do list, here's what to know as you consider hiring a house manager.
A house manager's role really depends on the specific needs of the family they work for, but generally, the work is wide-ranging. Kelly Hubbell, a house manager who also helps families hire house managers, gave insight into the job via a video on Instagram. 'Soooo… What does a house manager actually do each week? Short answer: more than you think,' she captioned the post.
Hubbell confirmed that a house manager does many staple chores around the house, including laundry, errands (like grocery shopping or returns), meal preparation, dog walking, and packing school lunches. Some of the 'invisible stuff that eats up your time and energy,' she wrote, can include descaling the coffee machine, restocking diaper bags, oiling cutting boards, organizing toy bins, taking out the trash, swapping out seasonal clothes, babysitting on date nights, and restocking toiletries. That's only a portion of the things Hubbell said families would rather not do, and 'even more importantly, a hundred other things you'd rather not have to carry and feel responsible for remembering and delegating.'
The job is also adaptable to a family's needs on a weekly basis. Some weeks, the job may involve handling the laundry. Other weeks, it can require helping pack for a trip, scheduling returns, or reorganizing the garage. 'It's not just getting things done; it's someone who knows what needs to be done, sometimes before you even ask,' Hubbell wrote.
According to Barbara Mighdoll of the New Modern Mom blog, other house manager tasks can include schedule management, like making doctor appointments for kids, vendor coordination, such as hiring a maintenance worker or gardener, event planning for family gatherings or parties, and overseeing the household budget.
Anyone with a busy household can benefit from a house manager, but they're especially useful for certain groups. Postpartum moms who want to focus on recovering and bonding with their baby will find them particularly useful, as will families with multiple children who need help with organizing schedules and keeping life running smoothly. For busy professionals, a house manager can make sure everything at home is in order, whether they work from home or at an office. House managers can also bring relief to individuals who are struggling with mental or physical health challenges and can't keep up with household maintenance.
To determine if a house manager is right for you, think about your needs. If they're relatively singular, you can look for house manager alternatives. For instance, if you only need someone to focus on cleaning and home maintenance, consider hiring a housekeeper instead. If you only need help with child care, a nanny is a good option. You'll also want to consider your budget (more on that below), along with privacy in terms of how comfortable you are with having another person around the house.
The cost of hiring a house manager can vary depending on where you live, but you can expect to pay anywhere from $20 to $40 per hour. According to Indeed, the average salary in the United States for a house manager is $61,757.
There are plenty of ways to find a house manager. In a Reddit thread, many homeowners shared that they've had success with posting detailed ads on Care.com. Home Team Hires, a domestic staffing platform, is another recommendation that was offered up for homeowners in major metropolitan areas, specifically in Chicago, Miami, San Francisco, New York, and Los Angeles.
You can also tap into your local network. Reach out to friends, family, and even colleagues for recommendations. Facebook groups for moms are also a great place to source recommendations in your area.
Follow on Instagram and TikTok.
You Might Also Like
15 Home Bar Gifts Every Cocktail Enthusiast Will Appreciate
32 Low Light Indoor Plants That Can Survive in the Darkest Corners of Your Home
These Are the 50 Best Paint Colors for Your Living Room

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Fund manager who sold Tesla, just in time, says investors are overlooking these tech bargains
Fund manager who sold Tesla, just in time, says investors are overlooking these tech bargains

Yahoo

timean hour ago

  • Yahoo

Fund manager who sold Tesla, just in time, says investors are overlooking these tech bargains

Two weeks ago, Wall Street veteran Gary Black sold his remaining Tesla shares, helping clients sidestep a selloff driven by a public fallout between Chief Executive Elon Musk and President Donald Trump. Black's unease with Tesla TSLA goes back a ways. When the managing partner of The Future Fund launched the One Global ETF FFND in August 2021, he snapped up Tesla, which quickly became the biggest position. By the second quarter of 2022, he began to trim as Musk started cutting electric-vehicle prices. Why Goldman Sachs says high-flying tech stocks may be headed for a tough stretch 'It might be another Apple or Microsoft': My wife invested $100K in one stock and it exploded 1,500%. Do we sell? U.S. debt-limit deadlock is making this favorite asset more scarce My friend, 83, wants to add me to his bank account to pay his bills. What could go wrong? One of our children has legal knowledge and lives far away, the other lacks financial savvy but lives nearby. Who should we appoint as executor? 'We didn't think that was a smart move. It turned out not to be a smart move, because they didn't get any incremental volume,' Black told MarketWatch in an interview on Monday. His Tesla haircuts continued, peppered by such worries as 'hype around unsupervised autonomy,' and when he finally exited it completely at $358 per share, valuation had gotten 'excessive.' Tesla shares need to be priced 'a lot less than they are today' for Black to repurchase. 'I don't want to call this stock uninvestable because at some price we would buy it back again, but with that level of volatility it almost makes the stock uninvestable at times,' he said, adding that Musk needs to 'keep his mouth closed and focus on the business.' Black, whose nearly 30-year career includes stints as CEO of Aegon Asset Management and Janus Capital, and his firm look after about $72 million in One Global, and the Long/Short ETF FFLS, roughly $49 million. One Global has returned 6.5% this year and 15% over three years, annualized, according to Morningstar, versus its MSCI All Country World Index benchmark returns of 7.3% and 14.3%, respectively. Black is now focused on what he sees as big tech bargains, such as Nvidia NVDA. The company's stock-picking process begins with 'ten long-term circular mega trends,' such as e-commerce, 24/7 information technology and, of course, artificial intelligence. 'We like the AI road map in front of [Nvidia] and they still can't make enough of their high-end AI chips. They continue to have extremely high demand for it, and they're still capacity constrained,' he said. Tesla, even with its recent decline, is still trading at 150 times forward earnings, while Nvidia sits at around 32 times, but is growing earnings, Black said. 'If you look at price-to-earnings relative to growth, which is how we think about the world, in a simplistic way, it's still reasonably cheap.' Meta META is also a big position. 'We like the growth we're seeing in Instagram and Facebook and WhatsApp. Again, the stock has done well, but it's still a very cheap stock,' trading at about 27 times earnings, he said. Then there's AMZN, and its vastly expanded offerings. 'You can buy prescription drugs over it now. You can buy tires, you can buy cars. It's become the go-to place if you want to buy anything,' and at around 35 times forward earnings, is now far less expensive, he said. He also flags DoorDash DASH. 'People don't have the time to make their own food anymore, so they order from the restaurants they love and [DoorDash] has gotten more and more restaurants on the platform, and as a result of that, the stock has done extremely well,' he said. Like Nvidia, DoorDash is reasonably priced, trading at 54 times forward earning, he said. His short bets in the Long/Short ETF, are about either poorly positioned companies or companies facing disruption. Those include Booking Holdings BKNG, which is in a 'very competitive business,' he said. 'We don't really see the proprietary technology to allow that to continue to gain share, so we decided that was a good short.' Fintech group Sofi Technologies SOFI is another. 'They've expanded their loans. and we just worry that they've grown too fast. and that's why it's a decent short we believe.' As the S&P 500 SPX continues to push past 6,000, Black says he's still bullish on the market overall, with expectations the Fed will likely to start cutting interest rates, though not as fast as Trump would like. 'I think what has happened because of the tariffs, the odds are you are going to have a first rate cut by September now,' he said. What else worries Black? He points to concerning 'pockets' of the market currently, such as the blockbuster Circle CRCL IPO, of which they didn't take part. 'We have stocks that are trading at very high multiples that aren't related to their earnings growth. We're always wary, especially in the growth space, that you've got speculative excess, and I think there are areas where people are just getting overly exuberant about prospects. And that's always negative,' said Black. Read: 'Big Money' turns bullish on stocks. Will that lead the S&P 500 to a 'melt up'? U.S. stocks SPX DJIA COMP are inching higher, while Treasury yields BX:TMUBMUSD10Y BX:TMUBMUSD02Y drop. Key asset performance Last 5d 1m YTD 1y S&P 500 6005.88 1.18% 2.77% 2.11% 12.03% Nasdaq Composite 19,591.24 1.81% 4.72% 1.45% 13.95% 10-year Treasury 4.456 -1.40 -1.70 -12.00 5.10 Gold 3349.9 -0.80% 2.93% 26.92% 43.53% Oil 65.56 3.50% 3.03% -8.78% -16.14% Data: MarketWatch. Treasury yields change expressed in basis points Need to Know starts early and is updated until the opening bell, but to get it delivered once to your email box. The emailed version will be sent out at about 7:30 a.m. Eastern. Trade talks between the U.S. and China continue in London on Tuesday. Tesla shares TSLA are tracking Monday's gains after more signs of a cooling feud between Musk and President Trump. J.M. Smucker stock SJM is down 7% after mixed results and a weak profit forecast from the food maker. Uber UBER said it's going to pilot self-driving cars in London. Tencent Music TME is reportedly buying China audio platform Ximalaya for $1.26 billion. The shares are rising. GameStop GME reports results after the close, and this analyst isn't that upbeat. A small-business optimism index was slightly more upbeat for May, with those expecting better business conditions at a historical high. Gold and the S&P 500 are chasing record highs at the same time. Here's why that's so rare. The White House marching orders that sparked the L.A. migrant crackdown. Mark Zuckerberg is handpicking a new 'superintelligence' AI team. Here's more evidence institutional investors are buying stocks again. This State Street risk-appetite index, based on the firm's $44 trillion of assets under custody and administration, shows 'long-term investor allocations to equities rose anew in May to levels last seen on the cusp of the Liberation Day announcement in early April,' said Dwyfor Evans, strategist at State Street Global Markets. While flows to stocks rose, investors continued to shun the dollar and U.S. Treasurys, Evans said. These were the most searched tickers on MarketWatch as of 6 a.m. Ticker Security name TSLA Tesla NVDA Nvidia GME GameStop PLTR Palantir Technologies PLUG Plug Power AAPL Apple TSM Taiwan Semiconductor Manufacturing AMD Advanced Micro Devices KLTO Klotho Neurosciences AMZN Amazon No joke. Comedian on why planes crash. Who you gonna call? Frustrated couple 'steal back' their own Jaguar. 'The situation is extreme': I'm 65 and leaving my estate to only one grandchild. Can the others contest my will? 'I prepaid our mom's rent for a year': My sister is a millionaire and never helps our mother. How do I cut her out of her will? I bought my mother-in-law a condo — and she took out a $30,000 car loan. Now she refuses to get a roommate. How do I make sure my son-in-law doesn't get his hands on my daughter's inheritance? My life partner is 18 years my senior. He wants to leave his $4.5 million fortune to me — not his two kids. Do we tell them? Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

US-Mexico steel imports, Palantir stock, DoorDash & Symbiosys
US-Mexico steel imports, Palantir stock, DoorDash & Symbiosys

Yahoo

time3 hours ago

  • Yahoo

US-Mexico steel imports, Palantir stock, DoorDash & Symbiosys

Yahoo Finance host Josh Lipton tracks today's top moving stocks and biggest market stories in this Market Minute, including steel manufacturer Cleveland-Cliffs' (CLF) stock response to reports of US-Mexico trade talks, Palantir Technologies' (PLTR) move higher to a record intraday high, and DoorDash (DASH) acquiring advertising technology platform Symbiosys. Stay up to date on the latest market action, minute-by-minute, with Yahoo Finance's Market Minute. It's time for Yahoo! Finance's Market Minute. Stocks looking for momentum here as investors digest softer than expected inflation data. Shares of steel manufacturer Cleveland-Cliffs sliding as the U.S. and Mexico may be nearing a deal. The two nations reportedly close to an agreement that would remove President Trump's 50% tariffs on steel imports up to a certain volume. That's according to Bloomberg. Palantir on the rise as shares eye a record high close. That stock already hitting record intraday highs as Mizuho lifts its price target on that name from 94 to 116. The firm citing Palantir's, quote, stronger momentum in net new commercial logos. And DoorDash announcing its acquisition of ad tech platform Symbiosis. The food delivery company looking to expand its off-site advertising capabilities. DoorDash also introducing a new suite of AI-powered tools. And that's your Yahoo! Finance Market Minute. For more on what's trending on Yahoo! Finance, scan the QR code below to track the best and worst performing stocks. Error al recuperar los datos Inicia sesión para acceder a tu cartera de valores Error al recuperar los datos Error al recuperar los datos Error al recuperar los datos Error al recuperar los datos

Tesla stock wavers as Musk says Trump criticism 'went too far,' company targets June 22 for robotaxi launch
Tesla stock wavers as Musk says Trump criticism 'went too far,' company targets June 22 for robotaxi launch

Yahoo

time4 hours ago

  • Yahoo

Tesla stock wavers as Musk says Trump criticism 'went too far,' company targets June 22 for robotaxi launch

Tesla (TSLA) stock rolled over in midday trading Wednesday after CEO Elon Musk said overnight he regretted some of the comments made about President Trump last week amid their public fallout that saw more than $150 billion taken off Tesla's market cap. "I regret some of my posts about President Trump last week," Musk posted on X, the social media platform he owns, early Wednesday morning. "They went too far." The contrition comes after the recent war of words between the two sank Tesla stock late last week; shares have gained nearly 20% since Friday's lows. Tesla stock was up over 2% in early trade, but rolled over with the broader market. Read more about Tesla's stock moves and today's market action. Musk slammed Trump's GOP-backed spending bill last week, prompting fiery responses from the president and raising concerns over the political risk now tied to the EV maker due to the actions of its chief executive. Trump also appeared to soften his view on Musk somewhat earlier this week, saying "I'd have no problem with it" when asked if he would be willing to speak with Musk. "I'd imagine he wants to speak with me," Trump said. Tesla's move higher in early trade Wednesday also comes after Musk offered an updated start date for the company's highly anticipated robotaxi tests. Musk said late Tuesday that the first public rides in Tesla robotaxis would begin June 22. Musk added that the "[first] Tesla that drives itself from factory end of line all the way to a customer house is June 28." The company had been targeting a June 12 launch date. Musk said Tuesday the company was being "super paranoid" about safety, so the date could shift again. Tesla also confirmed a report on X on Tuesday that its robotaxis were already doing preliminary testing in Austin. A Model Y with "Robotaxi" emblazoned on the side of it was closely followed by another Model Y chase vehicle. On Monday, Tesla was listed as an autonomous vehicle (AV) operator on Austin's Transportation and Public Works website. Tesla will begin its unsupervised robotaxi testing with approximately 10 to 20 robotaxis at first and will ramp up if testing goes smoothly. Tesla plans to use remote teleoperators in the event that a robotaxi has an incident or is stuck in a traffic situation, allowing human intervention when needed. Pras Subramanian is a reporter for Yahoo Finance. You can follow him on X and on Instagram. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store