Moms: Make Your Home Work Like Work
Women have taken the workplace by storm, but at home they often get stuck in the same old rut of yesteryear. The answer to a happy home life could lie in the management skills that bring them success at work.
The big news in the workplace over the past couple of decades has been the emergence of women as a significant force. We’ve gotten the opportunity to show what we can do, and we’ve done it. We’ve made the workplace a different place; a better place. We are educated, motivated, street-smart, and we are taking the world by storm.
The “traditional” definition of a family; with Dad working and Mom raising the kids, has also changed. My mother’s generation used Donna Reed as a role model. She was the star of The Donna Reed Show in the ’50s and ’60s, which depicted the ideal middle-class American family. Dad was working and Donna, the mom, was home taking care of the happy kids and vacuuming and ironing while wearing heals and pearls.
Move over Donna. The trends show that the two-parent family is on the decline. Pew Research Center has found that 40% of mothers are not married. (By-the-way, grandparents are playing a more significant role in helping to raise their grandchildren, too.) Seventy-one percent of women with kids work. What concerns me is that women have been incredibly successful at work, but somehow, we still face challenges managing our households.
Sign up for Kiplinger’s Free E-Newsletters
Profit and prosper with the best of expert advice on investing, taxes, retirement, personal finance and more - straight to your e-mail.
Profit and prosper with the best of expert advice - straight to your e-mail.
Process vs. Project
Here’s another big change in the workplace over the past couple of decades. Modern management strategy has moved from a process-oriented to project-oriented. Work used to be built around a process. Big manufacturing companies make the same thing — cars, steel girders, stuffed panda bears — and people, in one way or another, were plugged into that process. They did the same job day after day.
At home, it meant you lived in the same house, in the same neighborhood, and with the same neighbors. It meant you didn’t get divorced. Well, those days are gone. My own work life has bounced me around like a pinball, and I’m now the norm.
The rest of our lives follow the same checkered pattern as our careers. We move around, we work remotely, we get divorced, we partner, we have kids with no partner, we often re-partner, we create stepfamilies, and all of these situations come with their own challenges.
Work works for us. But somehow when we get home, the family is sitting in front of one screen or another, the meatloaf (which you made the night before and left in the fridge) did not make into the oven, and one of your kids announces that he will not only need new sneakers for tomorrow’s soccer game, but that he has invited the team over for a BBQ afterward. These surprises and lack of organization would not happen at the office, but somehow, they are the norm at home.
Too Many Hats for Mom
For all of our skill and ambition, it still seems that many Millennial women find themselves mired in the same routine that their mothers and grandmothers established. Too many of them will not have changed the way they manage their households, and too many of them will continue to see an increasing divergence between their sense of accomplishment in the workplace and the same sense at home. Donna Reed can’t be your role model.
It doesn’t have to be that way. A generation of women conquered the world of business in spite of having a small number of role models. We did it with courage and perseverance, and we have become the mentors and role models for the younger women who have followed. But who are Millennials to look to for our role models at home?
They don’t have to look any farther than themselves in their own business lives.
Today, business strategy is centered on goals rather than routines. Here is how it works. Once you’ve identified a goal, you then create a project to meet that goal. That means figuring out a strategy. You might need some experts for the team who aren’t from your company, so you go out and bring them in for this project — you outsource.
Then, when the project is finished, you critique it, you improve and hone the rough edges, and you go on to something new — new projects, new teams, new strategies, all connected to an overall master plan for the organization, but each one with its own challenges and rewards.
Why do we get bogged down at home, when we’re so good in the workplace? Why does it all seem so…so routine? Maybe it’s because we’ve bought into a lot of myths about home. For instance:
You Can’t Fire Your Family
You can’t, of course, albeit, you can divorce your partner. So what does that mean? That you’re locked into a rut, an endless process? It shouldn’t. At home, you handle more personnel changes than the talent director of a Fortune 500 company. Last year, your employee pool included a stubborn 2-year-old; this year, they have been replaced by an energetic and inquiring 3-year-old. That sulky 16-year-old you were closer to locking out of the house than firing seems to have disappeared, and suddenly your team has been augmented by an intelligent, responsible 17-year-old, and you realize it’ll break your heart when your teen leaves the firm next year to head for college.
We hear a lot about all the different hats women wear, all the different job descriptions we have at home: accountant, buildings and grounds chief, chauffer, cleaning person, comptroller, IT specialist, day care worker, fashion consultant, guidance counselor, judge, veterinarian, health care provider … I can go on. But it all seems a little condescending, isn’t it? We don’t need to invent all those titles to make us understand that being a mom is a varied, challenging job.
Besides, as CEO of the household, it’s our natural responsibility to make sure that everything gets done, either by delegating or by doing it ourselves. It’s not making up a bunch of fake job descriptions that will make the difference in building our self-esteem, in giving us a sense of purpose, in creating a work environment at home that will be just as fulfilling as our work environment. It’s understanding the nature of work and the nature of management and learning how to identify, plan, prioritize and manage projects at home the way we do at work.
Become, Mom, Inc.
The bottom line? Set goals as a family, articulate them, delegate and outsource. You do it at work. Why not do it at home? You want to try to be there for the quality time, and you know what that is. Dishes? Ironing? Laundry? Schlepping the dog to the vet? Not so much. Make sure you create “To Do” lists of projects, frankly the way you do at work. Stipulate who does the job and the time frame … and hold your loved ones accountable.
Cold and heartless? Nope. It will cut down on the angst for everyone … and keep you from pulling your hair out every time you come home from work. Give it a try.
Get Kiplinger Today newsletter — free
Profit and prosper with the best of Kiplinger's advice on investing, taxes, retirement, personal finance and much more. Delivered daily. Enter your email in the box and click Sign Me Up.
Neale Godfrey is a New York Times #1 best-selling author of 27 books, which empower families (and their kids and grandkids) to take charge of their financial lives. Godfrey started her journey with The Chase Manhattan Bank, joining as one of the first female executives, and later became president of The First Women's Bank and founder of The First Children's Bank. Neale pioneered the topic of "kids and money," which took off after her 13 appearances on "The Oprah Winfrey Show." www.nealegodfrey.com
-
Gifting While You're Alive: Tax Benefits and Practical Tips
Why wait until you're gone to help the people and causes you love? Get a jump-start on gifting and see all the good you can do.
By Jamie Battmer Published
-
Should You Help Your Adult Children Buy a Home?
Instead of passing on an inheritance, giving your children cash to buy a home can be a smart move — as long as you’re not jeopardizing your own retirement.
By Ann Marie Etergino, CIMA® Published
-
Gifting While You're Alive: Tax Benefits and Practical Tips
Why wait until you're gone to help the people and causes you love? Get a jump-start on gifting and see all the good you can do.
By Jamie Battmer Published
-
Should You Help Your Adult Children Buy a Home?
Instead of passing on an inheritance, giving your children cash to buy a home can be a smart move — as long as you’re not jeopardizing your own retirement.
By Ann Marie Etergino, CIMA® Published
-
Three Charitable Giving Strategies for High-Net-Worth Individuals
If you have $1 million or more saved for retirement, these charitable giving strategies can help you give efficiently and save on taxes.
By Joe F. Schmitz Jr., CFP®, ChFC® Published
-
The Wealth-Building Powers of Health Savings Accounts (HSAs)
Health savings accounts could be the most underutilized wealth-building tool out there. Here’s who should use them and how to maximize their benefits.
By Eric Roberge, Certified Financial Planner (CFP) and Investment Adviser Published
-
Seven Ways to Be an Absolute Jerk as a Lawyer
Here's what law students need to know about damaging their relationships with other lawyers and judges and running up the bill for clients.
By H. Dennis Beaver, Esq. Published
-
One Good Way to Withdraw Retirement Assets (and a Bad One)
Don't withdraw retirement assets haphazardly. Managing distributions intentionally can lower your taxes, conserve your wealth and reduce Medicare premiums.
By Justin Haywood, CFP® Published
-
What Is Capital Gains Tax Deferral?
Spoiler alert: It's the secret weapon of savvy real estate investors. Here's how it works and details about the tools you need to do it.
By Daniel Goodwin Published
-
Don't Leave Your Heirs an IRA Tax Bomb
Your traditional IRA has served you well, but when your heirs inherit it, watch out. Consider some of these strategies to minimize their tax burdens.
By Kelsey M. Simasko, Esq. Published