4.8 • 1.6K Ratings
🗓️ 28 November 2022
⏱️ 43 minutes
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0:00.0 | Hello there, Rose here again, and this is our fourth episode, exploring the real stuff |
0:13.1 | that inspired the Welcome to Vanguard States series. |
0:17.0 | Today, we are talking about money, and I will say off the bat here that this episode |
0:22.2 | is mostly going to talk about the economics of care work in the United States, which |
0:27.4 | is not necessarily how it works globally. |
0:31.3 | So yes, international listeners, I know we're doing a US-focused episode, I'm sorry, this |
0:36.3 | is how it is. |
0:37.3 | The story that you heard is set in the US, and there's just like no way for us to cover |
0:40.6 | how this works everywhere. |
0:42.3 | So with that apology slash disclaimer out of the way, let's talk about money. |
0:47.9 | First, we're going to talk about how expensive it is to get care, and then we're going to |
0:52.8 | talk about how hard it is to work in the care industry and make a reasonable living, |
0:57.5 | so sort of two sides to the same coin. |
1:01.2 | As part of my research for Welcome to Vanguard States, I spent a lot of time on Reddit, |
1:06.4 | reading posts from people struggling to help support their loved ones. |
1:10.3 | And a lot of the scenarios and conundrums that you heard in the various storylines in Welcome |
1:15.0 | to Vanguard States came from real situations that I found in these threads. |
1:20.0 | And that includes, by the way, the incredibly predatory loan that the father signs up for |
1:25.2 | in one of the storylines. |
1:28.3 | Last week, you heard all about the various technologies that can be useful for folks |
1:31.8 | as they age. |
1:33.6 | And when I asked Lori Orlov, our industry analyst, you heard her on last episode too, about |
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