| People nowadays work full-time which makes them | | | | You may have several options when in need of a day |
| busy, thus keeping them away from their families. | | | | care service. The available options, then, vary in price. |
| When you don't have enough time in attending to your | | | | Availing of a day care service program complete with |
| child's needs, seeking for a day care provider is a | | | | facility and a staff will cost you more than just hiring a |
| solution. Since more and more parents are in need of | | | | state-licensed nanny. Furthermore, the licensed nanny |
| day care services, their prices are continually rising. | | | | even costs more than just having a friend take care |
| Some cannot afford the elevated price of alternative | | | | of your child. Your choice then will be dependent on |
| childcare. Others then give up their job since their | | | | the level of childcare you want your kids to receive. |
| salary is just spent on availing day care services. | | | | Another Option: Home-Based Job |
| However, several factors must be weighed carefully in | | | | Opportunities for home-based works are also |
| able to make the most practical decision. | | | | available. This can be an alternative option to consider, |
| Day Care Costs vs Your Job | | | | together with the expenses, salary and childcare costs. |
| As the National Association of Child Care Resource | | | | Saying you'll have extra income of $1,000 each month, |
| and Referral Agencies reported, the average prices | | | | that's $12,000 a year. Do another analysis of the |
| for day care services reach $474 per month. The | | | | numbers to know if this is a better option. |
| cost for toddler and infant care is of higher rate and | | | | All of the factors must be made into consideration |
| averages to $525 a month. It is therefore equal to an | | | | when deciding on whether or not you it is practical to |
| annual cost of $5,689 and $6,301, respectively. | | | | sacrifice your job or just avail of the costly childcare |
| Compare these values with your salary. Assume that | | | | service. You may want to review all your options and |
| you are earning an average of $30,000 a year. Your | | | | rationalize each to be able to compare them and |
| spouse is making the same amount of money. Deduct | | | | conclude which of the given options you will be saving |
| the income tax, gas cost, household bills and all other | | | | most. You have to consider all the pros and cons of |
| expenses. Have estimation on what will be left and | | | | just staying at home and taking care for your child |
| see if it will be enough to avail of a day care service. | | | | rather than having a job and earning money. Seek |
| From the numbers, see if it's more practical to keep | | | | other opinions. Ask those who chose to lose their job |
| the job and pay childcare cost or just lose the job and | | | | whether they are happy with their decision. However, |
| tend to the kids, yourself. | | | | the final decision will be based on your perspective and |
| Child Care Service vs Cost | | | | personal circumstances. |