Two Under 2
Genelee5
member
2u2 day care...or sahm??
Genelee5
member
in Two Under 2
We recently found out we will be having 2u2 by april 2013 
I just started looking into day care for 2, $$ is crazy!! I am just wondering how many decided it was worth it to just sah and maybe pick up some night shifts somewhere or how many decided to shell out the $$ and stay at their full time jobs. Just kinda curious. TIA !!!
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Re: 2u2 day care...or sahm??
I'm still working, but dropped down to PT 32hrs/week. My mom watches the kids and we also have a babysitter for a few hours in the afternoon. However I am trying to change jobs and will put the kids in DC when I go back to FT. It's going to be insanely expensive, but I think its worth it. However if I could afford to be a SAHM I would do it in a heartbeat.
In the short term, our 2u2 will cost us just under $3k/month in the center we currently use (and we just can't possibly see leaving it). But it's an investment in our future for me to continue working. In a year, 3 years, 5 years...the cost of daycare will be much smaller and I will still have increased my experience, job security, and earning potential. It is better for me, for my boys, for our family for me to continue working. I'm an engineer, so re-entering the job market after several years off would probably be tough. So yes, I will continue to work. I have actually been working 30 hours/week (off on Wednesdays) since I came back to work with my first, and I'm hoping to continue that schedule until our second is at least a year (which adds to the $$ hardship of 2u2 in daycare, but is super important to me too).
ETA: I also strongly believe my son benefits from spending time in the learning environment he is in, playing with the other kids, etc. The only way I would SAH is if we could afford to still send him to his current center 2-3 days/week. So that certainly makes the fact that (in the short term) I'm working TO pay for childcare worth it to me.
We decided for me to SAH until the kids are in school full-time.
Our household ends up making out ahead SAH even though I had a good paying middle management career before kids. I take home $200/week from waitressing 2 nights a week from 6-11pm. If I were working full time paying for full time daycare (which for quality care would run me $500 a week) plus the cost of commuting (I'd be spending an extra $60/week on gas alone)/car maintenance, dry cleaning, extra money on groceries/dinners out, etc. I would not take home $800/month.
While things like retirement savings/future earning potential are important, I calculated that overall, I would work in my career field for 44 years (assuming a retirement age of 65). That makes taking a few years off look a lot smaller in the grand scheme of things. Of course, my DH's company has a very generous match and we still put money aside from his job into 401k and I didn't work in a field where my skills would be obsolete by the time I'd want to get back to work so that all makes an impact on my decision. If I had no potential to go back to career down the road, I would probably have continued to work.
On top of the financial benefits it also helps my household run better--no one has to miss work when the kids are sick or try to figure out how to manage the kids' speech therapy schedules with their work schedules. I do all the mundane errands during the week so our weekends are filled with fun family stuff.
GL with whatever you decide!
I am due March 1st with baby #2 and my husband and I have been having the same thoughts...I am actually fortunate that right now my job lets me work two days from home and three days in office. Baby#1 is in daycare 2 days and with MIL 1 day. My issue comes with, the in-laws are moving to Florida after new baby is born, so it will now be daycare for two babies at least 3 days a week, which winds up being just under my paycheck (the daycare I use doesn't really have a separate weekly rate, and we really love her and don't want to have to change if possible). My husband is about to be a correction's officer, he is finishing the interview process and will hopefully start Academy soon, so we are going to wait to see how that salary pans out with our needs at home and make the decision then. I am a heavy duty crafter, and may be able to to have more time to make side money selling my crafts for extra income. I have had to hang back from entering craft shows while I have been working and managing the family, time has been limited.
So point being (sorry for the rant), it is all about what works for your particular situation, the questions will keep coming, but the answers will certainly follow! Good luck!!
I dropped to part time and we used a nanny because it was WAY cheaper than day care and I greatly preferred the 1:2 ratio as well as her ability to take them to go do all the things I wanted them to do like park, library, zoo, museum, etc.
Now I'm back to full time and the kids are at a great school/day care center but when they were younger (under 3 or 4) I wanted them to be able to be in their own beds and on their own schedules.
Total score: 6 pregnancies, 5 losses, 2 amazing blessings that I'm thankful for every single day.