If so, would you mind sharing what you charge? I am considering doing this for a friend, and I'm trying to decided if it is worth it. It would probably only be 2 days a week, I don't want to do any more than that. Her baby would be 3 months old when I start watching it, if that makes a difference. I have absolutely no idea what a reasonable rate is. Thanks!
Re: Anyone watch another little one in your home?
I'm very seriously considering it. We paid our nanny $75/day, but she came to us (before I started SAH). I wouldn't charge that much, because I would watch the child here (not at their home). I was thinking something more like $50-60/day, depending on how many hours they needed me.
It also depends on the COL of your area.
ETA: I would only look to do this 2 or 3 days as well. I don't want to commit to 5 days a week.
I will be once my DS arrives. It's a friend of ours as well, a little girl who is due about 3 weeks before me (I know, I'm crazy!). We agreed on $200 for 4 days (so $50/day). We were very good about negotiating on the price though.
In St. Louis, she would pay the same for a day care (maybe slightly less at some of them), but felt it was worth the money to have me watch her. She knows I'll care for her in a way a day care can't and they live just a couple miles away from us. For me personally, this was the only way we could financially afford for me to "technically" SAH.
Around here (MCOL city) home daycare is around 150/week for infants.
But- I have a friend who advertises AP, organic foods, only takes 1 kid in, etc, and she charges almost twice that. So if you offer a very specialized service, you can charge more.
I wouldn't charge less just bc it is a friend. Charge what you think is a fair price for your time. Personally, I would want to make at least minimum wage.