I'm having a baby in Sep I already have a 3 year old. When the baby comes it will take at least 1/2 my bi weekley check to pay child care. Is it really woth working? How can people afford to have more than one child.
2006-07-17 04:33:30 · 14 answers · asked by Anonymous in Pregnancy & Parenting ➔ Parenting
what i ment by is it woth it. Is it is woth working when over half the money goes for child care.
2006-07-17 04:42:43 · update #1
My husband and I had this debate before we had our second child. We could live on one income, and I could have stayed home (and allieviated my guilt in going back to work), but you have to be realistic about what you are willing to sacrifice, and if you have enough willpower to stick to a tight budget. I quit my fulltime job, and found a part time one that has better hours for my family. My income goes to the daycare and any "extras" for the kids, like swimming and dance lessons. I'll be honest, there isn't really alot left over by the time you take off daycare, but the alternative is that my children wouldn't be able to participate in any activities that weren't free, and I need to have a job to feel like I'm contributing to our family. It works for us...
2006-07-17 04:41:58 · answer #1 · answered by Anonymous · 3⤊ 0⤋
I was in the same dilemma and I only have 1 child! I decided to stay home with my baby since childcare would have taken 1/2 my earnings. I guess you learn to live without those cute new jeans or shoes, and get rid the extras....you'll spend some good quality time with your children. Every time I think I wished I would have gone back to work I stop and tell myself when I am old I will be happy I spent more time with my son than at work. On the same note, my husband does take on the extra load of working more so we have the money to pay the mortgage, food etc. We see him less, but that is the sacrifice we make so that I can stay home with our son.
2006-07-17 11:44:41 · answer #2 · answered by Irishgirl 2 · 1⤊ 0⤋
That is a question that many women don't look at. A lot of women work just so they can and not because they need to. If you are married maybe you and your hubby can do split shifts and use the day care just and hour or 2 during shift changes. Perhaps a relative will be able for less of the cost. Good luck.
2006-07-17 11:41:55 · answer #3 · answered by dutchfam7 4 · 0⤊ 0⤋
It takes 1/3 of my check just for one. It is expensive, but think about it this way...
8 hours = $20 (for me anyway) So my childcare provider only makes 2.50/hour.
Spending $100/week is bad but it could be worse. I could be making 2.50/hr.
If your SO makes enough to pay the bills, I would say stay home... but if you are the sole income- what is your choice? You have to keep working, gaining experience, build your job history, maybe you'll get a promotion or find another job where you make more.
2006-07-17 11:45:48 · answer #4 · answered by AK 3 · 0⤊ 0⤋
Only you can decide if it is worth it. I am having twins and will have the same issue. I don't want to pay someone else 20K a year to raise my children for 8 hours a day. That's just me. If you have a spouse, can you afford to live on their income? If so, go for it. There are things you can do from home too.
2006-07-17 15:02:21 · answer #5 · answered by nabo1981 2 · 0⤊ 0⤋
It depends on how much you rely on that other income for covering expenses. Does that other half a paycheck mean the difference between paying the rent/mortgage and not? Does it mean you can buy enough food for everyone? Or does it merely mean you're going to have to shop at Wal-Mart instead of the mall for your wardrobe?
2006-07-17 11:39:29 · answer #6 · answered by Robin J. Sky 4 · 0⤊ 0⤋
Find someone you can really rely on and ask them and let them know the financial straights your in. Offer them $50.00 a week to start out and let them know that when you get better job or a raise (which ever come first) you will increase their pay. Make sure they are reliable before you leave your babies in their care.
2006-07-17 11:38:56 · answer #7 · answered by Anonymous · 1⤊ 0⤋
I agree. Childcare is expensive, especially for those of us that have to work to have some extra money for the family, AND we want a decent company/provider to give our child the best. For some families, it isn't worth both parents working. For me, we needed the extra money and I needed to get back into the grown up world. You and if you have one, your partner, need to discuss finances and see where your needs are and how you can best address the needs of your whole family.
2006-07-17 11:37:50 · answer #8 · answered by viclyn 4 · 0⤊ 0⤋
no it's not worth it. You should watch your kids if you can, but if they absolutely have to go to child care, then you either need to get a higher paying job or ask for a raise. Is the father not there to help watch?
2006-07-17 11:38:52 · answer #9 · answered by Kiko 3 · 0⤊ 0⤋
I believe it it best to stay at home. I am single, but I have heard from parents that day care can cost about a much as you pay for a car note.
2006-07-17 11:42:09 · answer #10 · answered by li5br2a 2 · 0⤊ 0⤋