The Money with Katie Show

How to Buy Back Your Time: Outsourcing Tasks with Farnoosh Torabi

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Apr 20, 2022
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ADVICE

Calculate If Outsourcing Saves Money

  • Calculate your effective hourly wage by halving salary and dropping zeros; outsource tasks costing less per hour.
  • Buying services like cleaning can save money if your time is worth more hourly than outsourcing rates.
ADVICE

Outsourcing Frees Time for Family

  • Don’t feel guilty outsourcing; it’s not being a bad woman but a human with limited time.
  • Prioritize what matters—spending quality family time over doing all household work yourself.
ADVICE

Hire Help with Respect and Fair Pay

  • Hire and tip service providers with respect and fairness to create mutually beneficial economic relationships.
  • Paying well and treating workers graciously ensures positive outsourcing experiences.
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