Money and Love: Combining Career & Family: Childcare & Household Duties
Stanford GSB Professor Emerita Myra Strober and alumna Abby Davisson, MBA/MA ’08, discuss topics from their book “Money and Love”.
June 26, 2023
Stanford GSB Professor Emerita Myra Strober and alumna Abby Davisson, MBA/MA ’08, discuss the division of housework using their “5 C’s” framework. They emphasize the importance of open communication and planning to ensure both partners find the arrangement fair, and then evaluating and adjusting as needed.
They suggest broadening choices beyond a 50/50 split and exploring alternatives such as outsourcing household tasks. When it comes to childcare, they advise against leaving the workforce without considering creative options. This could involve relocating, sharing childcare with another family, or seeking advice from parents who have found innovative solutions.