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Moms of 2- need some daycare help, please.

mrshutchmrshutch
in Working Moms

Hi there- I'm on this board a lot, but now I need some advice about having 2 in daycare. We're expecting #2 Aug. 2 and I just put the new baby on the waitlist at DD's center. The bright side is that the center isn't open to the public until 15 months (infant room is for hospital employees). BUT I found out that if a sibling is already enrolled, we have priority enrollment in the infant room, for when DC is 6 wks. Yay!

But now the questions begin. I'm confident that we'll get a spot when we want, in September or October, but do I schedule some type of back-up care just in case? It seems like I have to. We have our previous DCP (home daycare), so I suppose I can see if she'd be willing to go month-to-month for care. We're on good terms with her, so I could at least ask. What did you do?

Also, where did you and DH draw the line about what made sense financially? I did the math quickly tonight, because I love our center and would be in heaven if both children were there. After tuition, I'd be bringing home almost $1,000/month. So we'll definitely take a hit, but even with having to pay new baby expenses, it sounds like it's worth it. WDYT? I don't want to stay home, but am I being unrealistic about having them both in the center? We'll also be exploring nanny sharing, etc. but I love our center and it's a few blocks from home.

TIA for any advice! 

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Re: Moms of 2- need some daycare help, please.

  • dmsndmsn

    I would schedule the backup for sure, to ease my mind.

    If you are still bringing home $1,000/month after expenses, I would imagine that would be worth it. Assuming you are saving for retirement, have an emergency fund, and have college funds set up, you could use the extra money to pad any of these. You could also use it for vacations, pay off debt, etc. If you were only bringing home a couple of hundred extra, that would be a different story IMO. If you are dying to stay home, then it's completely different.

    I guess it is whatever would make you the most happy.

    Good luck! 

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  • sara1104sara1104
    we are having the same issue here ... do we keep both kids at the center, or find a less exepensive option.   I am planning on making a huge pro & con list & see how it all comes out.  there are several things about the center we love and it might be worth it.  Since the price goes down as they get older at the center, that is another thought.  Its a short term problem really.  I am no help, just wanted to say you aren't alone!
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  • duchess0727duchess0727

    We love our daycare center so even if we found a less expensive option, we wouldn't switch unless we absolutely had to.  I don't think you are being unrealistic.  There are a lot of two kid families at our daycare center.

     

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  • mrshutchmrshutch
    Thank you ladies so much for the support! I no longer feel that I'm being totally unrealistic. And yes, that $1000 is after my retirement account, etc. I feel pretty good about our saving situation; it's just frustrating because we wanted to save even more for a bigger house. Plus we need to suck it up and get a new (used) car this year. But that's just part of having little ones! I know it will all work out in the end.
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