Moving to Des Moines

Discussion in 'Off-Topic' started by mtowncyclone13, Mar 25, 2019.

  1. chadly82

    chadly82 Well-Known Member

    Sep 10, 2009
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    This is exactly what I said, most places will give you a break for having 2. Not so much in this one and since my son has already been there a year my wife doesn't want to change daycares. Shoot me now please....
     
  2. chadly82

    chadly82 Well-Known Member

    Sep 10, 2009
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    What daycare charges 1230/mo? You poor poor soul you made me feel better today lol
     
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  3. Tailg8er

    Tailg8er Well-Known Member

    Feb 25, 2011
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    Oh yeah, I don't doubt you can spend $1,000+. And I'm ready for their clothes/shoes/electronics to cost more once we get to high school, but I'm not about to outfit them with only the best all the time. Birthdays, Christmas, and grandparents can take care of some of that, I'll get some, and their jobs can chip in if they think they need to be that fancy lol.

    When I was in high school I'd get like $500 on tax free weekend, and that was my clothes budget for the year. Doubling that to $1,000/year (plus gifts) is more than sufficient for my household.
     
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  4. cowgirl836

    cowgirl836 Well-Known Member

    Sep 3, 2009
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    I'm within spitting range of that and it's only for one infant.
     
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  5. TBT

    TBT Active Member

    May 27, 2014
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    Jesus ******* Christ this thread is almost convincing me to never have kids. So expensive to raise just one child anymore.
     
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  6. BCClone

    BCClone Well-Known Member

    Sep 4, 2011
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    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
     
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  7. chadly82

    chadly82 Well-Known Member

    Sep 10, 2009
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    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!!!
     
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  8. chadly82

    chadly82 Well-Known Member

    Sep 10, 2009
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    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.
     
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  9. JP4CY

    JP4CY Well-Known Member
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    Dec 19, 2008
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    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.
     
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  10. JP4CY

    JP4CY Well-Known Member
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    Dec 19, 2008
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    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.
     
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  11. 3TrueFans

    3TrueFans Just a Man in the Middle
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    Sep 10, 2009
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    So infants are just a loss leader?
     
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  12. JP4CY

    JP4CY Well-Known Member
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    Optically it looks like it unless I'm missing something.
     
  13. mtowncyclone13

    mtowncyclone13 Well-Known Member

    Oct 10, 2012
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    Our babysitter works at our daycare and she said she gets paid $8/hour and most of the employees are high-schoolers in the afternoon and retired moms or women with rich husbands during the day. I'd guess that's not normal though for most daycares.
     
  14. cowgirl836

    cowgirl836 Well-Known Member

    Sep 3, 2009
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    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.
     
  15. cowgirl836

    cowgirl836 Well-Known Member

    Sep 3, 2009
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    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.
     
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  16. Gunnerclone

    Gunnerclone Well-Known Member

    Jul 16, 2010
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    We’re at $285 a week. I die a little every Tuesday morning when I pull up that account.
     
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  17. JY07

    JY07 Well-Known Member

    Aug 20, 2009
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    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
     
  18. mtowncyclone13

    mtowncyclone13 Well-Known Member

    Oct 10, 2012
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    $360/week. Yup.
     
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  19. Cyched

    Cyched Well-Known Member

    May 8, 2009
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    Came for the Des Moines love. Stayed for the daycare talk/free birth control
     
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  20. Gunnerclone

    Gunnerclone Well-Known Member

    Jul 16, 2010
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    For one little ****? Yiiiiiiikkkkkeeeessss
     
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