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Rising Star
We’ve basically accepted that we will be super poor for the next 5ish years until we start public school. The counter argument is that we don’t want to scrimp on care during these critical years!
Pro
Not a norm unless you plan to keep having new infants every 2 years! In 2 years your preschooler will be off to kinder and your infant will be a toddler who can go to daycare or preschool, so your childcare costs will plummet. And by then you all may be making more as well!
Pro
It is the same for us 😭 I don’t see a way around it (for us at least). Our only option would be switching to a less expensive option but...eh, you get what you pay for. We toured several daycares & interviewed several nanny’s before settling on our decision and I didn’t feel comfortable with any of the less expensive options.
Yes this is the norm. Childcare eats up disposable income while they are young. Have to accept it for a few years
Rising Star
It’s not new 😌
Rising Star
Yup same boat. Over $4k a month in childcare for infant and toddler (both in daycare with occasional babysitters). Just trying to make it through the next few years until public school.
Rising Star
Can you do a part time preschool instead of full day daycare? We have an au pair plus 2.5 hrs/day preschool for my older one.
Take comfort in knowing you’re not alone. Childcare cost more than our mortgage for years. My second just started kindergarten. And I landed on-site (at school) childcare. I did the math - I’m now paying just 20% of what I was just two and half years ago. Still have summer camps of course. It’s hard, but there is relief coming (someday). So many of have been or are where you are now.
Pro
Same here. Daycare sent us an year end statement. Seeing the annual total is a punch in the gut. My older just started preschool too, but between the more limited hours, holidays, summers, and sick days, and two pickups/dropoffs I'm seriously considering pulling the younger out of daycare and getting a nanny just to make life easier for me. The only challenge there is that I like to work from home.
Yep, I’m budgeting almost $60k for childcare this year for my two little guys (5 months and 3 years) and it’s appalling. But the good news is that if we send them to public school for elementary and our monthly costs plummet or we can send them to the an elite private school and still come out ahead because we’re used to paying this much.
Yup. Then daycare ends and after school, camps, and activities begin!! You’ll be poor for the next 18 years (sorry)! 😭😭😭
PSA- dance and gymnastics are RIDICULOUSLY expensive- I’m looking at you $200 Leo!!
Pro
Yep. I have accepted that the next five years are about not going into debt - childcare eats all of our money leaving very little extra. We are working just to live within our means.