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- Thread starter SoapyCy
- Start date
Jesus ******* Christ this thread is almost convincing me to never have kids. So expensive to raise just one child anymore.
Double checked what the going price of what the team socks that the kids wear. I was a little off on the Nike grips. You can get them for 27.99 before tax, so it was maybe a couple percent off. Like you I don't give them everything, but something here and something there and before you know it you have 300 dollars wrapped up in that little saturday morning run with one kid. Several of the HS teams go with matching shoes and other things. Girls basketball team had the nikes that you have your name printed inside so you can't get them stolen or mixed up as easy. I'm not letting my kids get ridden by teammates for 50-60 bucks, so I just get them. Our kids are in 4 sports and like yours go on the mission trips and other things. It adds up faster than most think.
We aren't rich but I would much rather spend money on my kids than myself. Any job they get, I get them to put most of that in savings.
Found this about the cost getting worse.
https://www.thestreet.com/personal-finance/cost-to-raise-child-14814957
Yup wrap it up unless you want to plan on being more broke than you've ever imagined. I just picked up a 2nd job 20 hours a week and my wife an I both make good incomes. Its one thing to get by but its another to go backwards. I got the 2nd job just to avoid accruing more debt and less saving. Its NUTS!!!
yeah I figured 28200 is what my peak cost a year will be for 2 years. I mean that's only 56400 in those 2 years. Plus the extra 26400 for the last 2 years of our 2nd child. Now that I'm doing the numbers..... I need a good stiff vodka drink.
An absolute ton of daycares in the metro that are at least 1000/mo.
I'm sure there are in home or older ones that aren't approaching the 1200 number but for a good, clean, well staffed one that's going rate.
TBH, I don't know how the margins really work in daycares.
Say it's 300 a week and your child is there for 45 hours.
Legally, there's 4 infants per employee at infant age.
That's $26.60 an hour. How does a center make a profit off that? I'm assuming they aren't really but are making the profit off your 4/5 year old where there can be many more than 4 to 1 ratio.
Say it's 300 a week and your child is there for 45 hours.
Legally, there's 4 infants per employee at infant age.
That's $26.60 an hour. How does a center make a profit off that? I'm assuming they aren't really but are making the profit off your 4/5 year old where there can be many more than 4 to 1 ratio.
Yeah they must make more when you get to toddlers and have like an 8 to 1 ratio. I had penciled out the infant stuff too and cane away thinking they need to be paid more for that amount of work. Even though what I pay is a lot.i don't really want bargain prices on infant care.
I legit have a spreadsheet I used to estimate out daycare costs if we had 2-3 kids when we were house hunting. Our one kid is more than our mortgage. And I don't even think the drop at 2 years was that significant. By the time he alone is done, we'll be approaching what I paid for my out of state degree at ISU.
We’re at $285 a week. I die a little every Tuesday morning when I pull up that account.
The new kindercare in N. Ankeny
This place is mainly staffed by high schoolers in the late afternoon as well; someone's definitely making bank on the deal and I'm guessing it's not them
Came for the Des Moines love. Stayed for the daycare talk/free birth control
Yeah but at most that’s, what 3 hours a day when they’ve got to staff it from 6,7 am to 3? I still don’t get how there’s margins on infants.
If you want to move to Ankeny, I have a 4 bed, 4 bath I'd sell you. Good neighborhood/neighbors too.
We were able to drastically cut daycare costs by going in home. $1.50-1.75/hour per kid.
I'm guessing that it being the persons grandkids had no influence on the price.
I'm guessing that it being the persons grandkids had no influence on the price.
For those that think daycare goes away when your kids start school - think again.
If both spouses work full time, you still need care in the summer when they aren't in school, unless you are fortunate enough to have a relative watch them or you have an educator in the family. Throw in you are probably going to have some before and after school care unless you can make your schedules work to avoid this.
And don't forget summer camps - those aren't cheap either.
If both spouses work full time, you still need care in the summer when they aren't in school, unless you are fortunate enough to have a relative watch them or you have an educator in the family. Throw in you are probably going to have some before and after school care unless you can make your schedules work to avoid this.
And don't forget summer camps - those aren't cheap either.
