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Featured Advisor



Srbo Radisavljevic
Managing Principal/Investment Advisor

Edge Portfolio Management

City:Northbrook

State: IL



BIOGRAPHY:
At Edge, a low client to advisor ratio allows for personal and customized service for each individual.  Our goal is to work as a team for each client to provide not only portfolio management but wealth coordination and financial planning.  We make every effort to have frequent communication with our clients and to provide timely response to calls and emails.  I also enjoy spending time with my wife and three kids, following Chicago sports, enjoying ethnic cooking, and serving as a school board member for Norridge School District 80.

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Mom's Value: More than Six-Figures

You know those plate spinners on the old “The Ed Sullivan Show?” They’ve got nothing on moms.

| BY Donald Liebenson

Mothers are the quintessential multi-taskers, wearing a variety of hats, often-times simultaneously. You know those frantic plate spinners on the old “The Ed Sullivan Show?” They’ve got nothing on moms, and moms make it all look so easy. If moms, who are on call 24 hours a day, were duly compensated for all they do, their salary would top six figures, according to Salary.com’s annual Mom Salary Survey.

A stay-at-home mom working an estimated 94 hours each week would fetch $113,568, up from $112,962 in 2012.

To determine a mother’s worth in 2013, Salary.com surveyed more than 6,000 moms to find out what their top 10 most time-consuming jobs are and about how much time they spend on each. Using their “extensive salary data, they estimated what mothers would make if they were paid an annual salary for those positions.

Suffice to say, it’s an impressive resume:

·         CEO: 3.3 hours @ $54.58

·         Psychologist: 7.3 hours @$38.93

·         Facilities Manager: 10.8 hours@$31.59

·         Computer Operator: 8.9 hours@15.82

·         Van Driver: 8 hours@$13.61

·         Cook: 14 hours@$13.56

·         Day Care Teacher: 13.3 hours@$13.08

And that doesn't include her stints as cook, janitor, laundy operator and housekeeper.

Another index of mom’s worth is not as generous. Insure.com According to Insure.com's annual Mother's Day Index of common tasks, the 2013 market value of Mom is $59,862, down from $60,182 last year. The discrepancy in the two indices may come down to job titles. Insure.com, for example, doesn’t list CEO among mom’s tasks and duties, focusing more on such labors as planning parties, haircuts, yard work, shopping for the family and family accountant.

Considering all she does and all she’s done, it’s not a surprise that Mother’s Day is second only to the winter holiday season as the nation’s biggest retail holiday. This year, the National Retail Federation estimates Americans will spend $20.7 billion on mom.

She’s worth it.

 



About the Author


Donald Liebenson

dliebenson@millionairecorner.com

Donald Liebenson writes news and features for Millionaire Corner. He has been published in the Chicago Tribune, The Chicago Sun-Times, The Los Angeles Times, Fiscal Times, Entertainment Weekly, Huffington Post, and other outlets. He has also served as a marketing writer for Chicago-based Questar Entertainment and distributor Baker & Taylor.  

A graduate of the University of Southern California, he is married with a college-age son. He also writes extensively about entertainment.