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

The Money with Katie Show

Money with Katie

Self-improvement, Education, Business, Investing, How To

4.8 • 1.3K Ratings

🗓️ 20 April 2022

⏱️ 45 minutes

🔗️ Recording | iTunes | RSS

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Summary

Today's episode is all about outsourcing, a topic around which my views have evolved over the years. (Read: As you get older and busier, you're less interested in "doing it all," apparently.) We discuss how to determine what's worth outsourcing in your life and how much to pay for it, as well as address some common objections. My guest today, Farnoosh Torabi, is an icon in the personal finance world (and a mother of 2!) and she's got some #hottakes on the value of her (and your) time. You can check out Farnoosh on CNET's So Money podcast. To learn more about the Money with Katie Retreat, head here. Resources Average time use per day of American men and women from the U.S. Bureau of Labor Statistics "Even female breadwinners (the 29% of American women who out-earn their husbands) bear the brunt of household labor." "Even during a pandemic, gender gaps in sharing household responsibilities persist." FOLLOW ALONG Money with Katie Blog Money with Katie Instagram Money with Katie Twitter Sign up for the Newsletter! FULL EPISODE TRANSCRIPTS AT HTTPS://PODCAST.MONEYWITHKATIE.COM Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Welcome back, rich girls and boys, to the Money with Katie Show.
0:08.6	I have been looking forward to this episode for a while because it's one that represents
0:14.0	something where my opinion has changed substantially over the last few years.
0:19.1	But before we get into that, I wanted to quickly plug our first Money with Katie Retreat.
0:25.5	It is the first in a series of three.
0:27.8	It'll be the weekend of May 21st, and I'll link more info in my show notes, but it's
0:32.2	going to be a great time.
0:33.6	More than eight hours of live instruction, special guests, a playbook that you take
0:38.2	home with you, merch, lots of amazing community, so now that we've got that out of the way.
0:43.2	The 24-year-old version of me, who used to drive to work, listening to podcasts about
0:49.2	fragality, and then spend her afternoons, scavenging conference rooms after lunch meetings
0:54.3	for free food, would want my head on a steak for this one, but I have to say it.
0:59.0	Outsourcing has been one of the best decisions I have made for myself personally and professionally
1:04.7	thus far.
1:12.5	It all started innocently enough, though.
1:15.1	I didn't go into this awakening with the intention to outsource anything and everything,
1:22.1	but we moved out of our two bedroom apartment into a house, a three bedroom house, and suddenly
1:27.4	the surfaces that required weakly vacuuming, scrubbing, and dusting doubled overnight.
1:32.8	Hilariously, so did my real workload, my workload at work, and I had this lovely vision
1:38.9	of the flannel, clad Colorado version of me when we moved here into this house.
1:44.1	I would be a frequent flyer at the brewery, I'd be hiking every day, I would take these
1:47.4	long winding bike rides along cold, clear streams, I'm wearing flannel living my best life,
	...

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