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The annual value of stay-at-home mothers has increased by 5% to $62,985.

So finds the annual Mother’s Day Index by Insure.com, which measures how much parents would get paid each year for performing common household tasks and repairs. The index refers to wage data from the Bureau of Labor Statistics.

To celebrate the news, make sure you pick up a great gift for Mother’s Day. This year, few moms want electronics (7%) and appliances (5%), says Insure.com, so consider offering one of the ideal gifts listed below.

  • Day at the spa (38%)
  • Family getaway (32%)
  • Gift card (25%)
  • Nice dinner (25%)
  • Romantic getaway (25%)

When asked about homemade gifts, mothers said their favourite items include cards (25%), artwork (23%) and breakfast in bed (13%).

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Originally published on Advisor.ca

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