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Toddlers: 12 - 24 Months
KGF625
member
How much would you pay a person to watch your child in their home?
KGF625
member
I am thinking about looking into seeing if any of the local teachers need childcare and would hire me to watch their child out of my own home. I have a ton of experience with my own child but also have an education background and 3 years preschool teaching experience, as well as 5 years daycare experience...anyway, I am not selling myself to you, lol, unless you are in the area that is...but just wanted to give the idea that I do have more than the one year with my son to have gained experience. Anyway, if you already are in a situation like this, or even if you are not, how much would you charge? Or how much do you or would you be willing to pay? I am starting with asking the local teachers because I have known a few other women who do this, so figure it would be at least a 7 hour day when all was said and done.
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Re: How much would you pay a person to watch your child in their home?
I guess it depends on how many kids will be there - if it's just you dedicated to your son and 1 other child, I would pay more. But if you're attention is spread out to more kids, maybe a bit less... so somewhere between $12-15 I guess.
I'm currently in CT suburbs, so not far...
I think I would really just want to keep it to one other child, or I guess more than one if it happened to be a woman who needed care for more than one of her own children, just so I can still focus on my son and this other child, or family, and feel like we are all getting a good day out if it.
Some friendly advice to help you get started:
Be sure to check any local regulations. In my state unless you are a relative, you aren't allowed to watch any extra children in your home for more than a 2 week period without being registered with the state. I know it happens, but if the state becomes aware of it, they issue a pretty hefty fine around here.
Consider the tax/income situation. (which I know nothing about) most people want to use their childcare expenses as a tax write off, meaning depending on the amount, you have to turn it in as income. I know that situation can get tricky and I had a friend who actually ended up paying in during tax time.
If you're serious about doing this, you might look into the federal food program. It' sa lot of paperwork, but it allows you to be reimbursed for some of the food you feed the kiddos.
As far as the rate goes, it will depend on your area. We have a great, highly qualified home provider and we pay $2.50 an hour, which I know makes some people laugh. But, we live in the midwest and most centers run in the $125 - $150 a week range.
Thank you for the advice. I will look into those regulations, I didn't even think of that being that I am only looking to watch one other child, possibly 2 if it were 2 from the same family. $2.50 an hour?! That is crazyyy...good for you finding that deal! In New York, I don't think we could get away with paying a 16 year old that much to watch a child, haha.
We pay our daycare lady $40 a day which ends up being $80 for our 2 days... She provides all food/milk/supplies etc.
The more days we go the cheaper it would be, so 5 days would be $160 which is like $32/day...
Not sure if that helps... GL
In our area we pay between $25-$45/day for childcare in their home. In our state they can watch up to 2 non-related children before being licensed so most people will watch 2 children or they get licensed and watch 5 or so. We got lucky and found a woman who wanted to watch our son and hers and we paid $30/day. I bet in NY it would be more expensive.
Also, you said you would talk to teachers. Do you mean you want to watch the child(ren) of a teacher? One thing to note is that it can be very difficult for teachers to find childcare that works with our schedule. Most places (in home as well as centers) require you to keep paying even when you're on vacation (winter, spring and summer). So, if you don't NEED the income and you can offer care to a teacher's child and then enjoy your summer off as well without making them pay that would be very appealing.
Charlotte Ella 07.16.10
Emmeline Grace 03.27.13
I pay $4.80 an hour for my DD. She goes to an inhome preschool with 2 other girls. I also pay $2 a day for lunch. I must say, that the lunch part is a steal! She feeds them the best stuff and my DD has never eaten better. She also gets 2 snacks a day. All the food is whole grain, organic, balanced, all around good stuff. We provide diapers and wipes. That being said, it is more expensive than we were paying for her to be in an out of home preschool, which is typically not the norm. To me it was worth it because she has her degree in early childhood development, we have known her for several years, she provides us a monthly learning program, and weekly food schedule. The way I see it is she still has overhead. She still has to pay her mortgage, and to heat and cool her home. She takes them on all kinds of exciting field trips at no extra charge. She is all around awesome. I don't mind paying for quality care.
You will be responsible for self employment taxes and paying estimated quarterly taxes. If you are really thinking of doing this, you should probably consult a tax accountant ahead of time to help you set everything up. If you don't esitmate your quarterly taxes properly, you will likely owe next year. HTH!
I pay $55 a day but the person who watches Keira also watches 5 other kids.
Exactly this for my first nanny that came to my house. She brought her DS with her. My current nanny lives with us, so we only pay him $400/month and provide his room and board.
I just saw the last part about 7 hour day. Plan on it being more like 9 1/2 to 10. I've watched mostly teachers' kids and it's usually about 9 1/2. The school day isn't that long, of course, but there's the commute and time before and after school that they usually stay to plan.
Yes, I was going to look into watching the children of a teacher, if there was anyone needing it. I live and subbed in my local district so I figured it is a good place to start and I happen to live so close to the school that is easy for them to drop of and pick up and know their child is close by if there was ever an emergency. I don't NEED the income so I wouldn't even think of charging during off times, the thought never crossed my mind actually.