DH and I have started talking options for child care. While I would love to have someone come to our home and take care of little one for the first year it seems like it won?t make sense financially if we have to go through one of the ?nanny finder? companies I have found.
They?re minimum is $2100-$2500/mo and it only goes up from there. Any other ideas on how to find a reputable nanny that might be more affordable?
I?m not anti-daycare by any means but a nanny would be our first choice if it was do-able.
Re: Ideas on how to find a nanny?
That sounds about right...if you figure she'll work 8hrs per day M-F and you pay her $12-15/hr which I'm pretty sure is the going rate. Plus, if you are both commuting to/from work and you can't stagger your schedules, she'll work longer days which would add to the cost.
You might consider looking at licensed in-home daycares if you're certain you do not want to use a daycare center.
We found a great sitter on care.com, and I know people wanting nanny jobs advertise there as well.. you can browse without paying but if you wanted to contact one you have to buy a membership ( 35$ for 1 month, but there are always coupon codes!)
We're meeting with an older lady next week that will hopefully work out as our backup sitter
It's definitely an expensive option. There are a few ways to reduce the cost:
And just remember that "you get what you pay for". You might have to compromise on nanny qualifications to get someone that would take a lower salary. So in the end you might do better with a center.
Agree with pps. It's pretty hard to weigh the costs of a nanny vs. daycare for just 1 LO. When you start getting a nanny for 2 or more is when you start seeing an equalization and/or savings. Unless you want a nanny part time, but ultimately, we use our daycare for at least 9 hours every weekday between our work hours and communte times to and from work.
We had a teacher friend who offered to watch our LO over the summer, when she was off of work (before we put him in DC), but I basically said it wasn't worth it to her b/c with daycare, i am only paying less than $5/hr if you divide everything out, so I couldn't justify at least doubling that for her to come over. You may be able to find a nanny that will work for your cost, but just be cautious of those giving you a "deal".