re: The cost of daycare is ridiculous these days

Pretty sure Ivanka has some child care cost initiatives she wants to push through. Although im past the point of benefiting from them they are def needed.

Where do they live? I though aupare was more of a European thing to have. While we have hired nannies in the states

$1200/mo here in houston - checked 4 different places and it's the same

it's around $750/mo for YMCA but the waitlist is extremely long.

to me, it doesn't make much sense if you are paying >50% of your wife's monthly income on daycare

if you still need your wife at that point, you probably need to re-evaluate your finances

this, of course, assumes that your wife wants to stop working or has a career in which she can take a break from

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to me, it doesn't make much sense if you are paying >50% of your wife's monthly income on daycare

if you still need your wife at that point, you probably need to re-evaluate your finances

this, of course, assumes that your wife wants to stop working or has a career in which she can take a break from

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Most professional moms (doctors, lawyers, and such) haven't hit their peak earning potential and still have high student loans by the time they have kids. If they don't work it severely cuts down on their earning potential and consequently quality of life through massive opportunity costs.

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I have some friends that lived in Cambridge who were paying $3,000/mo for their kid to go to daycare.

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Most professional moms (doctors, lawyers, and such) haven't hit their peak earning potential and still have high student loans by the time they have kids. If they don't work it severely cuts down on their earning potential and consequently quality of life through massive opportunity costs.

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this, of course, assumes that your wife wants to stop working or has a career in which she can take a break from

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I pay $150/week for 2 kids. There are no frills - when I pick them up they're fed, changed, and alive - but it works for us.

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The cost of daycare is ridiculous these days
Am I to believe that daycare should cost more than freaking college?



My kids better be leaving this place with a fricking Master's Degree in Engineering.

Any reasonable places around the BR to Hammond area that educates children well and isn't trying to extort the masses?

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Day cares really aren't that profitable and the teachers usually make less than $15/hour for not that easy a job.

It's a pretty expensive operation to run unless you want one teacher to take care of 10 2 year olds. Believe me you don't want that plus it's illegal anyway due to regulations about adult/child ratios for day cares. If you actually put pen to paper you'll probably see that if you want someone to take care of your child for 8 hours or more a day it's really expensive. Comparing it to college is not a good comparison.

Let's say your day care is $1000 a month. 1000/4 weeks/40 hours a week = $6.25/hour for someone to take care of your child. And that's if you are dropping them off at 9:00 and picking them up at 5:00. Most are actually there longer than 8 hours/day so the cost per hour is even lower. Do you really think you should be able to pay much less than this for someone to take care of your child?

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ding ding. we are starting to feel the hurt since i run a successful business and my wife is physician.
money vs available time

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This is our situation. My wife and I are both doctors early in our careers. We have a little girl on the way. Thank God her mom is retired and is going to move in to take care of her during the week. While the cost would definitely suck, what was more important to us was not having to worry about who was caring for our baby.