alabamagal
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Post by alabamagal on Jul 22, 2015 0:31:12 GMT -5
The cost is impacted by the number of babies that they are allowed to have
When DD was young they were allowed to have 6 babies per provider.
DD went to a licensed say care run by a lady in the back room of her house. It was a large room with 12 cribs around the walls and a big open area. She only cares for infants up to 18 months. She had one full time worker and several family members that would help out. They had the system down to a science but the babies always seemed to get a lot of attention.
My DD and 2 of the other kids that we still know the parents all grew up to be well adjusted young adults.
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gooddecisions
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Post by gooddecisions on Jul 22, 2015 6:15:20 GMT -5
Daycare has definitely been on my mind, too. Right now I pay $552/week, but when #3 is here it will be almost $900/week or about $45,000/ year. ![](http://images.proboards.com/new/sad.png) And, it's all got to be cash flowed because there is no student loans for daycare! HOW!! I make a little over 90k a year but at that price for daycare i a) couldn't have 3 kids b) would almost need to quit and go on state aid! Bec at 90k you get no tax benefits and after taxes, SL debt, housing there is a lot less than 45k left over to live on and that is before food, life etc. I hear you, i am at about 80k and net just under 45k. It is not going to be fun. We have been stashing $500/month to each 529 and maxing 401ks, but this is a game changer.
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NomoreDramaQ1015
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Post by NomoreDramaQ1015 on Jul 22, 2015 8:11:59 GMT -5
We're at $1,020 right now a month for daycare until school starts. Then we'll drop down to $823. That is for one school aged child and an infant. I want to cry. I just got a look at my paystub. After taking a $3k/year decrease in salary and now having to pay an extra $250 a month in benefits daycare is back to eating up my entire salary. ![](http://images.proboards.com/new/sad.png) I'm tempted to not work b/c it doesn't even seem worth it but I am trying to remind myself I have 30+ years to go before I can retire. I'd like to freaking hope my salary would finally increase during that time period and then there is "compounding interest" and "employer matches" to consider. I'm also trying to remind myself that in September 2015 Abby will be a toddler and rates will start dropping. I am counting down the days till she is 4 years old and we can enroll her in public preschool.
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The Captain
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Post by The Captain on Jul 22, 2015 8:32:23 GMT -5
$2485 a month equates to an annual salary of approximately $30k or $15/hr. Not sure it would be the case in HCOLA like Seattle, but in many other areas, I'd be thinking long and hard about hiring a nanny instead of paying that for daycare since the cost difference wouldn't be great and you'd get more flexibility with a nanny. With more than one kid, the nanny would actually be a cost savings.
As for the $1500/month alwaysbeoptimizing will be paying for full day kindy and aftercare, I'd be tempted to seek out a grandma type to do that instead of going the school route. Not only for the added flexibility and more personal nature of the care, but because full day plus aftercare is a long, long day of having to be "on" for little people. Mine would have melted if they'd done all day kindy plus aftercare at that age...but having a "grandma" pick them up, play, bake a little would be fun for them.
All that said, I'm in complete agreement with alwaysbeoptimizing's wife that $1500 a month is a bargain price to pay not to live with your MIL. In fact, not living with MIL = PRICELESS. ![](http://images.proboards.com/new/tongue.png)
DH and I were in this boat. Hiring a nanny isn't as rosy as it seems. The reliable ones are way more expensive than $15 an hour and you have to deal with the 5am sick calls on the day's you really can't afford to miss work. After watching a few co-workers go through this mess (and yes - they used a professional placement service) I decided a daycare with multiple employees was the way to go. One of my current coworkers is on her 3rd nanny in as many years. I don't know if it's more difficult to find good people in a metro area, or what, but the drama is just unbelievable.
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musicjenny
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Post by musicjenny on Jul 22, 2015 9:28:33 GMT -5
Wow. When I ran my in home daycare I charged $20/day per child. I kept the same rates for 7 years and only took off on major holidays and maybe 2-3 other days per year for doctor appointments, etc. It got to the point where people were balking at paying my rate and I was competing with stay at home moms offering care for $10/day on Craigslist. I was making close to minimum wage running with 3-4 kids here each week. I can't fathom charging what some of you are paying for daycare. Around here it just wouldn't fly, most people seem to only be interested in the bottom line and don't seem to care about a high quality in home program.
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Wisconsin Beth
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Post by Wisconsin Beth on Jul 22, 2015 10:08:19 GMT -5
My in home provider charges $25 a day, per kid. We're using her 2 days a week, so itS $100 a week for summer. She doesn't do a high quality in home program. What she DOES do is provide an environment similar to what I had in summers growing up - big shady yard with swingset; sandbox; toys; other kids to play with and no schedule. IF the kids want to draw in chalk, they do. IF they want to collect rolly-polly bugs, they do. The kids have the sense of freedom.
WE pay my MIL $20 a week to keep the kids the other 3 days. The amount is between her and DH.
Come fall, we'll be paying $95 a week for early care at their school.
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Deleted
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Post by Deleted on Jul 22, 2015 10:13:22 GMT -5
My in home provider charges $25 a day, per kid. We're using her 2 days a week, so itS $100 a week for summer. She doesn't do a high quality in home program. What she DOES do is provide an environment similar to what I had in summers growing up - big shady yard with swingset; sandbox; toys; other kids to play with and no schedule. IF the kids want to draw in chalk, they do. IF they want to collect rolly-polly bugs, they do. The kids have the sense of freedom. WE pay my MIL $20 a week to keep the kids the other 3 days. The amount is between her and DH. Come fall, we'll be paying $95 a week for early care at their school. Mine charges $22/day and it's about the same thing. Big fenced in yard and lots of kids to hang out with. I think right now she has 10. If the weather is bad they come inside and do crafts or read, but otherwise it's pretty much a free for all.
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HoneyBBQ
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Post by HoneyBBQ on Jul 22, 2015 10:45:23 GMT -5
I know some people have great success with a nanny, but for me, it is not appealing at all!
Yeah, in Seattle with mandated minimum $15 per hour payment, I'm not surprised the costs are so high.
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Wisconsin Beth
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Post by Wisconsin Beth on Jul 22, 2015 11:23:39 GMT -5
My in home provider charges $25 a day, per kid. We're using her 2 days a week, so itS $100 a week for summer. She doesn't do a high quality in home program. What she DOES do is provide an environment similar to what I had in summers growing up - big shady yard with swingset; sandbox; toys; other kids to play with and no schedule. IF the kids want to draw in chalk, they do. IF they want to collect rolly-polly bugs, they do. The kids have the sense of freedom. WE pay my MIL $20 a week to keep the kids the other 3 days. The amount is between her and DH. Come fall, we'll be paying $95 a week for early care at their school. Mine charges $22/day and it's about the same thing. Big fenced in yard and lots of kids to hang out with. I think right now she has 10. If the weather is bad they come inside and do crafts or read, but otherwise it's pretty much a free for all. I think mine move to the girls' room or the basement when the weather's bad. H has 5 kids of her own, with a range from teenagers to her 3 year old. I think mine are the only 2 paying kids this summer. There's also a couple of neighborhood kids that I see over there in the afternoons when I pick the kids up.
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MJ2.0
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Post by MJ2.0 on Jul 22, 2015 12:19:30 GMT -5
Wow. When I ran my in home daycare I charged $20/day per child. I kept the same rates for 7 years and only took off on major holidays and maybe 2-3 other days per year for doctor appointments, etc. It got to the point where people were balking at paying my rate and I was competing with stay at home moms offering care for $10/day on Craigslist. I was making close to minimum wage running with 3-4 kids here each week. I can't fathom charging what some of you are paying for daycare. Around here it just wouldn't fly, most people seem to only be interested in the bottom line and don't seem to care about a high quality in home program. kids are expected to know so much before school now - it's all about learning and teaching at every age level. I'm starting to get concerned because DS still can't write or read, can't grip a pencil/crayon properly, and his sentences are still very simple.
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Deleted
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Post by Deleted on Jul 22, 2015 12:34:02 GMT -5
Wow. When I ran my in home daycare I charged $20/day per child. I kept the same rates for 7 years and only took off on major holidays and maybe 2-3 other days per year for doctor appointments, etc. It got to the point where people were balking at paying my rate and I was competing with stay at home moms offering care for $10/day on Craigslist. I was making close to minimum wage running with 3-4 kids here each week. I can't fathom charging what some of you are paying for daycare. Around here it just wouldn't fly, most people seem to only be interested in the bottom line and don't seem to care about a high quality in home program. kids are expected to know so much before school now - it's all about learning and teaching at every age level. I'm starting to get concerned because DS still can't write or read, can't grip a pencil/crayon properly, and his sentences are still very simple. I think the pressure they're putting on kids/parents at the preschool level is ridiculous. Kids develop at such different rates and they're going to get it when they're ready to get it. My older son was way, WAY ahead of the pack entering kindy (with just play in the yard daycare) but by 4th or 5th grade the other students were caught up, and it's no longer a "oh my god, that kid is a genius" scenario.
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travelnut11
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Post by travelnut11 on Jul 22, 2015 12:34:33 GMT -5
In a MCOL my infant care is $275 a week at an in-home place (so roughly $1200 per month). The lady only takes 3 kids at a time that are roughly the same age. 3 infants sounds like torture to me but she says it's easier than having kids at different ages. At the moment Baby Nut is the only one there and the 2nd baby starts in two weeks followed by the 3rd baby in October. I work from home so having a nanny here while I work is not appealing. If we end up with twins on Round #2 then we might have to re-evaluate.
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yogiii
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Post by yogiii on Jul 22, 2015 12:59:42 GMT -5
Wow. When I ran my in home daycare I charged $20/day per child. I kept the same rates for 7 years and only took off on major holidays and maybe 2-3 other days per year for doctor appointments, etc. It got to the point where people were balking at paying my rate and I was competing with stay at home moms offering care for $10/day on Craigslist. I was making close to minimum wage running with 3-4 kids here each week. I can't fathom charging what some of you are paying for daycare. Around here it just wouldn't fly, most people seem to only be interested in the bottom line and don't seem to care about a high quality in home program. kids are expected to know so much before school now - it's all about learning and teaching at every age level. I'm starting to get concerned because DS still can't write or read, can't grip a pencil/crayon properly, and his sentences are still very simple. I could stress myself out over this all day but I think in the end it doesn't matter much right now. Last year when he was 4 DS went to two different pre-Ks. One was way more academics focused, writing their letters, names, etc. The other they cooked, volunteered, it was way more focused on being a nice person. I think both were beneficial. He'll be going into kindy this fall and he's probably average. Still doesn't hold a pencil right unless I remind him to (though his 2 year old sister does this automatically), he doesn't read on his own but can identify what letter words start with often if asked, he can write his first and last name, knows his letters, he's very thoughtful and a nice guy. It's going to be a wild ride but he'll be fine. I stress over him way too much, in part because everyone is supposed to be an Olympic swimmer, play an instrument, ride a bike, etc by 3 y/o. Well, mine will be a caring individual at least!
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MJ2.0
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Post by MJ2.0 on Jul 22, 2015 13:05:26 GMT -5
DS does like learning and practicing his letters, but he has my ability to get quickly frustrated if he doesn't master something right away. ![](http://images.proboards.com/new/tongue.png) The funny thing is he'll keep going even though he's huffing and puffing about getting it wrong! He is also very outgoing and social, and he definitely has the makings of a leader - he's always trying to tell the other kids what to do. I always correct him, but the kids end up listening to him anyway!
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souldoubt
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Post by souldoubt on Jul 22, 2015 13:06:11 GMT -5
Some co-workers have kids who are < 3 that just started at school ranging from $1,400-1,700 a month which includes after school care which is needed for both sets of working parents.
Talking to them and this thread is great birth control.
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The Captain
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Post by The Captain on Jul 22, 2015 13:15:38 GMT -5
Wow. When I ran my in home daycare I charged $20/day per child. I kept the same rates for 7 years and only took off on major holidays and maybe 2-3 other days per year for doctor appointments, etc. It got to the point where people were balking at paying my rate and I was competing with stay at home moms offering care for $10/day on Craigslist. I was making close to minimum wage running with 3-4 kids here each week. I can't fathom charging what some of you are paying for daycare. Around here it just wouldn't fly, most people seem to only be interested in the bottom line and don't seem to care about a high quality in home program. kids are expected to know so much before school now - it's all about learning and teaching at every age level. I'm starting to get concerned because DS still can't write or read, can't grip a pencil/crayon properly, and his sentences are still very simple. I wouldn't stress over it too much. Kids develop at different paces at all ages. Unless you have a real reason to think there's a problem (and teacher are pretty good at catching this from what I have observed) he'll "catch up" when he's ready.
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gooddecisions
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Post by gooddecisions on Jul 22, 2015 18:34:21 GMT -5
We're at $1,020 right now a month for daycare until school starts. Then we'll drop down to $823. That is for one school aged child and an infant. I want to cry. I just got a look at my paystub. After taking a $3k/year decrease in salary and now having to pay an extra $250 a month in benefits daycare is back to eating up my entire salary. ![](http://images.proboards.com/new/sad.png) I'm tempted to not work b/c it doesn't even seem worth it but I am trying to remind myself I have 30+ years to go before I can retire. I'd like to freaking hope my salary would finally increase during that time period and then there is "compounding interest" and "employer matches" to consider. I'm also trying to remind myself that in September 2015 Abby will be a toddler and rates will start dropping. I am counting down the days till she is 4 years old and we can enroll her in public preschool. That stinks, but at least enrollment starts that young. My oldest is 3 and she won't be able to start kindergarten until she is almost 6. There is no public pre-k and she will miss the cut-off by 2 weeks. If she had been born a week early instead of one week late, I would have saved 10 grand! ![](http://syonidv.hodginsmedia.com/vsmileys/angry2.png)
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MJ2.0
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Post by MJ2.0 on Jul 22, 2015 18:38:47 GMT -5
I mean you could really save money by having less kids, just saying... ![:P](//storage.proboards.com/forum/images/smiley/tongue.png)
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andi9899
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Post by andi9899 on Jul 22, 2015 19:10:49 GMT -5
I could never have paid that when the girls were little. I paid $75/week for both girls ages ago. It was also my cousin who watched them. So that may be part of the reason why. And that was before we were able to make our schedules different so there was always someone watching all the kids. Between me, mom, dad, and sis there was always someone home.
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gooddecisions
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Post by gooddecisions on Jul 22, 2015 20:06:32 GMT -5
That stinks, but at least enrollment starts that young. My oldest is 3 and she won't be able to start kindergarten until she is almost 6. There is no public pre-k and she will miss the cut-off by 2 weeks. If she had been born a week early instead of one week late, I would have saved 10 grand! ![](http://syonidv.hodginsmedia.com/vsmileys/angry2.png) when she's 12, you'll be very glad! Hopefully the universe pays me back with a generous scholarship because according to my Phil Script, a lump sum investment of $10,000.00 bearing an annual return of 11% could grow to $65,435.53 in 18 years!
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