12 Days of Giving: Day #3 - The Unspoken Wealth in Non-Working Spouses
The holiday season, a time for reflection and gratitude, brings us to Day 3 of our "12 Days of Giving" series. Today, we delve into a topic that resonates deeply with many – the invaluable contribution of the non-working spouse. With me is Cody Garrett from Measure Twice Financial, a seasoned CFP® who brings a wealth of experience to our discussion. You can also connect with Cody on LinkedIn, Instagram, and Twitter.
Listen to our podcast on Spotify, Apple Podcasts, and YouTube for the full conversation.
The Invisible Workforce in Our Homes
Imagine the story of Steve and Susan. Susan retired early, while Steve continued working out of passion. Susan felt a growing sense of guilt for not contributing financially, which led her down a risky path of investment to “earn” for the family. But this was more than about money; it was about affirmation, a basic human desire.
Susan's case mirrors many in our society, where the worth of a non-working spouse is often overshadowed by the lack of a paycheck. It's a narrative that needs to change.
The Real Wealth in Relationships
In my conversation with Cody, a profound truth emerged: the unquantifiable wealth that a non-working spouse brings to the family. It's not just about savings or frugal living; it's about creating a space of comfort, a nurturing environment that allows the working spouse to thrive.
Steve's realization of Susan's invaluable role in their life was a moment of reckoning. It highlighted the need for appreciation and affirmation in relationships, especially for those whose contributions don't come with a price tag.
Rethinking Value in a Family
This story is a stark reminder to reassess how we value contributions within a family. It's not just the breadwinners who keep the ship sailing; it's also those who manage the deck, ensuring a smooth journey.
The takeaway from Cody’s story is powerful: wealth isn't just in our bank accounts; it's in the love, care, and support we provide and receive. We need to celebrate and affirm these non-financial contributions as much as we do financial successes.
Investing in All Facets of Wealth
As we discussed, investing in yourself goes beyond financial growth. It's about nurturing your mental, physical, and emotional health. It's about building relationships that enrich your life. Cody’s perspective on this is enlightening, and his practice of attending counseling is a testament to the importance of self-care and personal growth.
Final Thoughts
In the spirit of the holidays, let’s recognize and appreciate every member of our families, their roles, and their contributions, seen and unseen. Let’s affirm and support each other in all our endeavors, financial or otherwise.
Remember, true wealth is found not just in our finances but in our relationships, our health, and our well-being. It's about balance and recognizing the diverse contributions that make our lives whole.
Stay tuned for more insightful stories in our "12 Days of Giving" series. Happy Holidays, and let’s continue to support and uplift each other.