FYI: Daycare costs too much.

[God Mode]

Unreasonably paranoid and overly litigious parents with a 'we need to think about the children' society = Expensive liability for such businesses. I visited my nieces day care once and I have never wanted to snap so many necks. The kids were fine. The parents...

 

[SlowSpyder]

We pay about $825/month for our son. He's out in September, we are looking forward to that extra money. 🙂

 

[Jumpem]

I pay $100/wk times two right now. 🙁 When we move closer to work in a year or two I expect it to go up to $300-350.

 

[TallBill]

Well, it is only your child that they're watching so yeah. Guess I'm lucky not having had one.

 

[Jumpem]

If day care is too expensive, then you or your wife quit your job and have 1 person work and 1 person stay home. Can also get rid of the 2nd car since the person who stays home won't need one.

Daycare is expensive, but usually the wife still comes out ahead by working.

 

[CrazyAznDriver]

I'm a stay at home dad. Saves money but the piece of mind is priceless...

 

[PieIsAwesome]

Then stop paying strangers to raise your kids and do it yourself.

 

[Jumpem]

Then stop paying strangers to raise your kids and do it yourself.

Yes, because everyone can afford to drop a $50k yearly paycheck and stay home.

 

[TallBill]

Yes, because everyone can afford to drop a $50k yearly paycheck and stay home.

Then don't have a kid, or stop bitching about the costs?

 

[BurnItDwn]

Daycare is expensive, but usually the wife still comes out ahead by working.

Then they can quit their bitchin 🙂

Also, if they can't afford it, then don't have kids until they can.

 

[wiredspider]

Wow, guess I'll keep my parents around for the childcare.

 

[OILFIELDTRASH]

I planned ahead ftw. No kids except me.

 

[OutHouse]

Yes, because everyone can afford to drop a $50k yearly paycheck and stay home.

sounds like they are living out of their means if you need two 50K paychecks to "survive"

 

[Jumpem]

Then don't have a kid, or stop bitching about the costs?

You can still complain about the cost of daycare. Just as you can complain about the cost of your mortgage or property taxes.

 

[TallBill]

You can still complain about the cost of daycare. Just as you can complain about the cost of your mortgage or property taxes.

I pay rent, and I put twice what I pay for rent into savings every month. And I don't complain about rent, because that's what it costs to live where I live. Actually my rent is incredibly low, it should be at least $200 higher for the area.

 

[Jumpem]

sounds like they are living out of their means if you need two 50K paychecks to "survive"

Not really. My monthly bills are about $4k excluding daycare.

Mortgage: $1277
Car: $535
Student Loans: $532
Credit Card: $102
Electric: $85
Garbage: $28
Propane: $100
Gas: $293
Cabe/Internet: $143
Netflix: $23
Home Phone: $34
Cell phones: $102
Auto Insurance: $81
Life/Disability Insurance: $128
Groceries: $500
Daycare: $800

 

[OutHouse]

Daycare is expensive, but usually the wife still comes out ahead by working.

Usually? dude if she is usually coming out ahead then she needs to quit. to me that is saying that sometimes her whole check goes to pay the sitter. so who's bank account is most of the money she makes goes to? yours her theirs.

 

[iGas]

Yes, it is a TOTAL shakedown. My wife and I are trying to have our first, and she is trying to convince me that she should quit her job and just start her own daycare. She is using the very compelling argument of how much I can expect to pay for the average 3-day a week daycare operation, and I must say, she is winning... There is hardly anything to it, and most of the kids are so young, they might as well be sedated.

Of course any new parent knows the pitfalls of parenthood, and that it is full of bottomless pits for you to dump truckloads of your hard earned money into... with little hope of getting anything for it. I would lump babies into the old saying involving boats, cars, and women... ;-)

There are several cons that come with having your wife using your house as a daycare center.

There will always be kids around your house, and sometimes the kids are going to be there while you are home from work. And, your wife might work herself out of a professional job if she stay home too long.

 

[CRXican]

I'd rather buy a car for that kind of money

 

[TwiceOver]

Wow. Thankfully my wife and I work opposite shifts and can split the care between us. Not much time for the two of us but the savings is significant.

My mom retires in 2 years so we just need to make it that long... 😀

 

[SunnyD]

fixed that for ya!

Yes, let's not forget that too. Props to the dads that give a shit too!

 

[amdhunter]

I'd take my chances with the 50/wk budget babysitter.

 

[zerocool84]

Back in the day, families were larger and the wife stayed home. People were content living more modestly.

Cost of living back in the day is no where near what it is today. You could work a factory job and support a family. You can't do that today.

 

[CPA]

Ours got so expensive with 4 kids that we ended up hiring one of the daycare workers as our nannie. Less expensive and didn't need to worry about pick up times.

After that, we ended up buying a daycare - if you can't beat them, join them. Unfortunately, too many parents did not pay and it was difficult getting in enough replacement parents.

 

[dud]

OP, I feel your pain. I remember having to pay for DC for my two sons ... but it was nothing as even remotely as high as what you are paying.

At the end of the day you are left with grown kids who will soon be leading you around by the hand, taking care of everything that you used to do, making all of your important decisions for you ... and ultimately saying goodbye and having to bury you in the ground.

OP, all I can tell you is to do the best you can ... and hope for the best!